BILL · 2015–16 SESSION

HB 1172: Insurer risk mgmt, solvency

Creating the risk management and solvency assessment act.

Summary

  • Implements the Own Risk and Solvency Model Act.

From the House Bill Report (HB 1172), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 17, Laws of 2015
  1. IntroducedJan 14, 2015
  2. Out of committeeJan 29, 2015
  3. Passed HouseMar 2, 2015
  4. Passed SenateApr 8, 2015
  5. GovernorApr 17, 2015
  6. LawApr 17, 2015
Prime sponsor
Derek Stanford (D-1)
Introduced
January 14, 2015 in the House
Last action
April 17, 2015
Session law
Chapter 17, Laws of 2015
Requested by
Other
Budget
Has a fiscal note

AN ACT Relating to the risk management and solvency assessment act;

Sponsors

Prime sponsor: Derek Stanford (D-1)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

Passed March 2, 2015
Version voted on: HB 1172
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat51000
Republican46001
How each member voted

Yea (97)

Excused (1)

Senate · 3rd Reading & Final Passage

Passed April 8, 2015
Version voted on: HB 1172
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat23001
Republican25000
How each member voted

History

  1. Chapter 17, 2015 Laws.
  2. Governor signed.
  3. Effective date 1/1/2016*.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. FI - Majority; do pass.
  11. Passed to Rules Committee for second reading.
  12. First reading, referred to Financial Institutions & Insurance.
  13. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  14. Rules suspended. Placed on Third Reading.
  15. Placed on second reading by Rules Committee.
  16. Referred to Rules 2 Review.
  17. BFS - Executive action taken by committee.
  18. BFS - Majority; do pass.
  19. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).

HB 1172 in other sessions

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

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