WA People
BILL · 2019–20 SESSION · LATEST VERSION SHB 2679

HB 2679: Nonprofit health carriers

Concerning funding for individuals who are not eligible for federal insurance subsidies and for foundational public health services.

Summary

  • Requires each nonprofit health carrier to annually report the carrier's surplus amounts to the Office of the Insurance Commissioner (OIC) for determination of whether the carrier's surplus is excessive.
  • Requires carriers with a surplus greater than 600 percent of the carrier's Risk-Based Capital requirements to pay 3 percent of the excessive surplus to the OIC for deposit into the newly created Nonprofit Health Carrier Community Benefit Fund (Fund).
  • Provides that expenditures from the Fund must be used for: subsidies for individuals purchasing individual market insurance coverage who are not eligible for federal insurance subsidies; and Foundational Public Health Services.
  • Imposes a 3 percent tax on for-profit health carrier's depreciation deductions taken on the previous tax year's federal income tax return.

From the House Bill Report (HB 2679), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 17, 2020
  2. Out of committeeFeb 11, 2020
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
June Robinson (D-38)
Introduced
January 17, 2020 in the House
Last action
February 21, 2020
Companion bill
SB 6451
Budget
Has a fiscal note
Versions
HB 2679, SHB 2679

AN ACT Relating to funding for individuals who are not eligible for federal insurance subsidies and for foundational public health services;

Sponsors

Prime sponsor: June Robinson (D-38)

13 co-sponsors (13 Democrats, 0 Republicans)

Nicole Macri D-43Eileen Cody D-34Frank Chopp D-43Gael Tarleton D-36Noel Frame D-36Monica Jurado Stonier D-49Timm Ormsby D-3Marcus Riccelli D-3Steve Tharinger D-24Lillian Ortiz-Self D-21Lauren Davis D-32Gerry Pollet D-46Shelley Kloba D-1

Votes

No recorded floor votes.

History

  1. Returned to Rules Committee for second reading. (SHB 2679)
  2. Returned to Rules Committee for second reading.
  3. Rules Committee relieved of further consideration. Placed on second reading. (SHB 2679)
  4. Rules Committee relieved of further consideration. Placed on second reading.
  5. Referred to Rules 2 Review. (SHB 2679)
  6. Referred to Rules 2 Review.
  7. APP - Majority; 1st substitute bill be substituted, do pass. (SHB 2679)
  8. Minority; do not pass. (SHB 2679)
  9. Minority; without recommendation. (SHB 2679)
  10. Minority; without recommendation.
  11. Minority; do not pass.
  12. APP - Majority; 1st substitute bill be substituted, do pass.
  13. First reading, referred to Appropriations.

HB 2679 in other sessions

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

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