BILL · 2023–24 SESSION · LATEST VERSION SSB 5220

SB 5220: Mutual insurer reorg.

Concerning reorganization of domestic mutual insurers.

Summary

Provides a process for domestic mutual insurers to reorganize as a stock corporation pursuant to a plan approved by the Office of the Insurance Commissioner (OIC).
Enables domestic mutual insurer to be wholly reinsured in, its assets transferred to, and its liabilities assumed by, another mutual or stock insurer under terms and conditions approved by the OIC.

From the Senate Bill Report (SB 5220), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor

AN ACT Relating to reorganization of domestic mutual insurers;

No recorded floor votes.

Jan 8, 2024By resolution, reintroduced and retained in present status. (SSB 5220)
Jan 8, 2024By resolution, reintroduced and retained in present status.
Mar 10, 2023Senate Rules "X" file. (SSB 5220)
Mar 10, 2023Senate Rules "X" file.
Jan 20, 2023Passed to Rules Committee for second reading. (SSB 5220)
Jan 20, 2023Passed to Rules Committee for second reading.
Jan 19, 2023BFGT - Majority; 1st substitute bill be substituted, do pass. (SSB 5220)
Jan 19, 2023Minority; without recommendation. (SSB 5220)
Jan 19, 2023Minority; without recommendation.
Jan 19, 2023BFGT - Majority; 1st substitute bill be substituted, do pass.
Jan 10, 2023First reading, referred to Business, Financial Services, Gaming & Trade.

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

SB 5220 (2025–26) City small works rosters · Did not pass · died in committee
SB 5220 (2021–22) Salmon recovery grants/tax · Enacted · Chapter 143, Laws of 2021
SB 5220 (2019–20) Transit auth. board members · Did not pass · died in committee
SB 5220 (2017–18) Martial arts excise taxation · Did not pass · died in committee
SB 5220 (2015–16) Landlord-tenant acts/judgmnt · Did not pass · stalled on the Senate floor
SB 5220 (2013–14) City disability boards · Enacted · Chapter 213, Laws of 2013
SB 5220 (2011–12) Advertising on school buses · Did not pass · died in committee
SB 5220 (2009–10) Social worker · Did not pass · stalled on the Senate floor