BILL · 2013–14 SESSION

SB 5065: Insurer transactions

Regulating the settling of certain insurer transactions.

Summary

Section 711 of the IRMA is adopted in substantial part. In the event of an insurance company's financial impairment or insolvency, counterparties of derivative transactions are authorized to assume a position of priority ahead of the receiver, policyholders, and other creditors.

From the Senate Bill Report (SB 5065), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to the settling of certain insurer transactions;

No recorded floor votes. This measure never reached a floor vote.

Jan 13, 2014By resolution, reintroduced and retained in present status.
May 13, 2013By resolution, reintroduced and retained in present status.
Feb 20, 2013Minority; do not pass.
Feb 20, 2013And refer to Ways & Means.
Feb 20, 2013FIHI - Majority; do pass.
Feb 20, 2013Referred to Ways & Means.
Jan 16, 2013First reading, referred to Financial Institutions, Housing & Insurance.

Bill numbers restart every two years, so the same number is a different bill in each session.

SB 5065 (2025–26) Traveling animal acts · Enacted · Chapter 116, Laws of 2025
SB 5065 (2023–24) Bone marrow donation/schools · Enacted · Chapter 219, Laws of 2023
SB 5065 (2021–22) Railroad workers · Did not pass · passed Senate, stalled in House
SB 5065 (2019–20) Consumer comp grp insurance · Did not pass · stalled on the Senate floor
SB 5065 (2017–18) Government performance · Did not pass · stalled on the Senate floor
SB 5065 (2015–16) Homeless students · Did not pass · died in committee
SB 5065 (2011–12) Animal cruelty prevention · Enacted · Chapter 172, Laws of 2011
SB 5065 (2009–10) Prosecuting attorneys · Did not pass · died in committee