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CS/SB 938: Insurance Agents and Adjusters

GENERAL BILL by Banking and Insurance; Richter; (CO-INTRODUCER) Oelrich

Insurance Agents and Adjusters; Deleting a requirement that an insurer pay an agent tax for each county in which an agent represents the insurer and has a place of business; revising the definitions of “adjuster” and “home state”; revising provisions relating to who may bind insurance coverage; revising provisions relating to continuing education requirements; providing that persons on active military duty may seek a waiver; revising provisions relating to the purpose of the general lines and personal lines license and certain requirements related to general lines and personal lines agents; requiring persons transacting mortgage guaranty insurance to be licensed and appointed as a credit insurance agent; revising the licensure application for bail bond agents to include certain information etc.

Senate Committee References: Banking and Insurance (BI) , Budget Subcommittee on General Government Appropriations (BGA) , Budget (BC)

Last Action: 03/07/2012 Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 725 (Ch. 2012-209) -SJ 918

Effective Date: except as otherwise expressly provided in this act, this act shall take effect October 1, 2012


Bill History

Date Chamber Action
11/15/2011 Senate • Filed
12/06/2011 Senate • Referred to Banking and Insurance; Budget -SJ 78
12/21/2011 Senate • On Committee agenda-- Banking and Insurance, 01/09/12, 3:15 pm, 412 Knott Building
01/09/2012 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 112
01/10/2012 Senate • Introduced -SJ 78
• Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Banking and Insurance read 1st time -SJ 107
01/11/2012 Senate • Now in Budget -SJ 112
• Subreferred to Budget Subcommittee on General Government Appropriations -SJ 160
• Now in Budget Subcommittee on General Government Appropriations
01/13/2012 Senate • On Committee agenda-- Budget Subcommittee on General Government Appropriations, 01/19/12, 2:45 pm, 401 Senate Office Building
01/19/2012 Senate • Favorable by Budget Subcommittee on General Government Appropriations; YEAS 8 NAYS 0 -SJ 252
01/20/2012 Senate • Now in Budget -SJ 252
02/16/2012 Senate • On Committee agenda-- Budget, 02/21/12, 3:45 pm, 412 Knott Building
02/21/2012 Senate • Favorable by- Budget; YEAS 21 NAYS 0 -SJ 671
02/22/2012 Senate • Placed on Calendar, on 2nd reading -SJ 671
03/05/2012 Senate • Placed on Special Order Calendar, 03/07/12
03/07/2012 Senate • Read 2nd time -SJ 917
• Amendment(s) adopted (916578) -SJ 918
• Substituted CS/CS/CS/HB 725 -SJ 918
• Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 725 (Ch. 2012-209) -SJ 918