BILL · 2017–18 SESSION

SB 6059: Insurer annual disclosures

Addressing the insurer corporate governance annual disclosure model act.

Summary

  • Implements the National Association of Insurance Commissioners' Corporate Governance Annual Disclosure Model Act.
  • Requires insurers to submit a corporate governance disclosure to the Insurance Commissioner annually.
  • Adds the annual corporate governance disclosure and accompanying documents to the list of insurance and financial institution-related documents that are exempt from public disclosure.

From the House Bill Report (SB 6059), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 30, Laws of 2018
  1. IntroducedJan 8, 2018
  2. Out of committeeJan 15, 2018
  3. Passed SenateJan 25, 2018
  4. Passed HouseFeb 27, 2018
  5. GovernorMar 9, 2018
  6. LawMar 9, 2018
Prime sponsor
Jan Angel (R-26)
Introduced
January 8, 2018 in the Senate
Last action
March 9, 2018
Session law
Chapter 30, Laws of 2018
Requested by
Other
Companion bill
HB 2321
Budget
Has a fiscal note

AN ACT Relating to the insurer corporate governance annual disclosure model act;

Sponsors

Prime sponsor: Jan Angel (R-26)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed January 25, 2018
Version voted on: SB 6059
47 Yea 2 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat24200
Republican23000
How each member voted

House · Final Passage

Passed February 27, 2018
Version voted on: SB 6059
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat50000
Republican48000
How each member voted

Yea (98)

History

  1. Effective date 1/1/2019.
  2. Chapter 30, 2018 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
  8. Rules suspended. Placed on Third Reading.
  9. Rules Committee relieved of further consideration. Placed on second reading.
  10. Referred to Rules 2 Review.
  11. BFS - Majority; do pass.
  12. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
  13. Third reading, passed; yeas, 47; nays, 2; absent, 0; excused, 0.
  14. Rules suspended. Placed on Third Reading.
  15. Placed on second reading by Rules Committee.
  16. Passed to Rules Committee for second reading.
  17. Minority; without recommendation.
  18. FI - Majority; do pass.
  19. First reading, referred to Financial Institutions & Insurance.
  20. Prefiled for introduction.

SB 6059 in other sessions

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

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