WA People
BILL · 2019–20 SESSION · LATEST VERSION SSB 6048

SB 6048: Insurance group supervision

Addressing the group-wide supervision of internationally active insurance groups.

Summary

  • Authorizes the Office of the Insurance Commissioner to supervise internationally active insurance groups or defer authority to another appropriate regulatory official.

From the Substitute House Bill Report (SSB 6048), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 243, Laws of 2020
  1. IntroducedJan 13, 2020
  2. Out of committeeJan 17, 2020
  3. Passed SenateFeb 12, 2020
  4. Passed HouseMar 3, 2020
  5. GovernorMar 31, 2020
  6. LawMar 31, 2020
Prime sponsor
Senator (D-47)
Introduced
January 13, 2020 in the Senate
Last action
March 31, 2020
Session law
Chapter 243, Laws of 2020
Requested by
Other
Companion bill
HB 2207
Budget
Has a fiscal note
Versions
SB 6048, SSB 6048

AN ACT Relating to the group-wide supervision of internationally active insurance groups;

Sponsors

Prime sponsor: Senator (D-47)

5 co-sponsors (5 Democrats, 0 Republicans)

Liz Lovelett D-40Joe Nguyen D-34Rebecca Saldaña D-37Patty Kuderer D-48Claire Wilson D-30

Votes

Senate · 3rd Reading & Final Passage

Passed February 12, 2020
Version voted on: SSB 6048
46 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican17003
How each member voted

Excused (3)

Permalink to this vote

House · 3rd Reading & Final Passage

Passed March 3, 2020
Version voted on: SSB 6048
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat57000
Republican39002
How each member voted

Yea (96)

Excused (2)

Permalink to this vote

History

  1. Effective date 6/11/2020. (SSB 6048)
  2. Chapter 243, 2020 Laws. (SSB 6048)
  3. Governor signed. (SSB 6048)
  4. Delivered to Governor. (SSB 6048)
  5. Speaker signed. (SSB 6048)
  6. President signed. (SSB 6048)
  7. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SSB 6048)
  8. Rules suspended. Placed on Third Reading. (SSB 6048)
  9. Rules Committee relieved of further consideration. Placed on second reading. (SSB 6048)
  10. Referred to Rules 2 Review. (SSB 6048)
  11. CPB - Majority; do pass. (SSB 6048)
  12. First reading, referred to Consumer Protection & Business. (SSB 6048)
  13. Third reading, passed; yeas, 46; nays, 0; absent, 0; excused, 3. (SSB 6048)
  14. Rules suspended. Placed on Third Reading. (SSB 6048)
  15. 1st substitute bill substituted. (SSB 6048)
  16. 1st substitute bill substituted.
  17. Placed on second reading consent calendar. (SSB 6048)
  18. Placed on second reading consent calendar.
  19. Passed to Rules Committee for second reading. (SSB 6048)
  20. Passed to Rules Committee for second reading.
  21. FIET - Majority; 1st substitute bill be substituted, do pass. (SSB 6048)
  22. FIET - Majority; 1st substitute bill be substituted, do pass.
  23. First reading, referred to Financial Institutions, Economic Development & Trade.
  24. Prefiled for introduction.

SB 6048 in other sessions

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

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