WA People
BILL · 2021–22 SESSION

SB 5048: Reinsurance agreements

Concerning reinsurance agreements.

Summary

  • Establishes requirements for qualifying reinsurers located and licensed in reciprocal jurisdictions.

From the House Bill Report (SB 5048), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 138, Laws of 2021
  1. IntroducedJan 11, 2021
  2. Out of committeeJan 14, 2021
  3. Passed SenateFeb 10, 2021
  4. Passed HouseApr 9, 2021
  5. GovernorApr 26, 2021
  6. LawApr 26, 2021
Prime sponsor
Mark Mullet (D-5)
Introduced
January 11, 2021 in the Senate
Last action
April 26, 2021
Session law
Chapter 138, Laws of 2021
Requested by
Other

AN ACT Relating to reinsurance agreements;

Sponsors

Prime sponsor: Mark Mullet (D-5)

1 co-sponsor (1 Democrat, 0 Republicans)

Senator D-47

Votes

Senate · 3rd Reading & Final Passage

Passed February 10, 2021
Version voted on: SB 5048
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican20000
How each member voted

Yea (49)

Permalink to this vote

House · 3rd Reading & Final Passage

Passed April 9, 2021
Version voted on: SB 5048
96 Yea 1 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56001
Republican40100
How each member voted

Yea (96)

Nay (1)

Excused (1)

Permalink to this vote

History

  1. Effective date 7/25/2021.
  2. Chapter 138, 2021 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 96; nays, 1; absent, 0; excused, 1.
  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. CPB - Executive action taken by committee.
  12. CPB - Majority; do pass.
  13. First reading, referred to Consumer Protection & Business.
  14. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading consent calendar.
  17. Passed to Rules Committee for second reading.
  18. BFST - Majority; do pass.
  19. First reading, referred to Business, Financial Services & Trade.
  20. Prefiled for introduction.

SB 5048 in other sessions

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

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