CS/CS/HB 383: Interstate Insurance Product Regulation Compact
GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Hudson ; (CO-INTRODUCERS) Broxson ; Santiago
Interstate Insurance Product Regulation Compact; Provides legislative findings & intent; provides purposes; provides for establishment of Interstate Insurance Product Regulation Commission; provides responsibilities of commission; specifies commission as instrumentality of compacting states; provides for venue; specifies commission as separate, not-for-profit entity; provides powers of commission; provides for organization of commission; provides for membership, voting, & bylaws; designates Commissioner of Insurance Regulation as representative of state on commission; allows Commissioner of Insurance to designate person to represent state on commission; provides for management committee, officers, & personnel of commission; provides authority of management committee; provides for legislative & advisory committees; provides for qualified immunity, defense, & indemnification of members, officers, employees, & representatives of commission; provides for meetings & acts of commission; provides rules & operating procedures; provides rulemaking functions of commission; provides for opting out of uniform standards; provides procedures & requirements; provides for commission records & enforcement; provides that commission is subject to certain state tax requirements; authorizes Financial Services Commission to adopt rules; requires OIR to prepare & submit report by certain date to Legislature on effect of compact on consumer protections.
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/22/2013 | House |
• Filed |
| 1/30/2013 | House |
• Referred to Insurance and Banking Subcommittee; Government Operations Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 49 |
| 3/5/2013 | House |
• Introduced -HJ 49 |
| 3/11/2013 | House |
• PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/13/13, 9:00 am, 404 HOB |
| 3/13/2013 | House |
• CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 272 |
| 3/15/2013 | House |
• Pending review of CS under Rule 7.19(c) |
| 3/18/2013 | House |
• Now in Government Operations Subcommittee -HJ 270 • CS by Insurance and Banking Subcommittee read 1st time -HJ 264 |
| 3/25/2013 | House |
• On Committee agenda-- Government Operations Subcommittee, 03/27/13, 10:30 am, Webster Hall |
| 3/27/2013 | House |
• Favorable by Government Operations Subcommittee; YEAS 10 NAYS 0 -HJ 357 • Now in Government Operations Appropriations Subcommittee -HJ 357 |
| 3/29/2013 | House |
• On Committee agenda-- Government Operations Appropriations Subcommittee, 04/02/13, 8:30 am, Morris Hall |
| 4/2/2013 | House |
• Favorable by Government Operations Appropriations Subcommittee; YEAS 12 NAYS 0 -HJ 406 • Now in Regulatory Affairs Committee -HJ 406 |
| 4/5/2013 | House |
• On Committee agenda-- Regulatory Affairs Committee, 04/09/13, 10:30 am, 404 HOB |
| 4/9/2013 | House |
• CS/CS by- Regulatory Affairs Committee; YEAS 15 NAYS 0 -HJ 472 |
| 4/10/2013 | House |
• Pending review of CS -under Rule 7.19(c) • CS/CS by Regulatory Affairs Committee read 1st time -HJ 464 |
| 4/11/2013 | House |
• Placed on Calendar -HJ 578 |
| 4/15/2013 | House |
• Placed on Special Order Calendar, 04/17/13 |
| 4/17/2013 | House |
• Read 2nd time -HJ 644 • Read 3rd time -HJ 644 • CS passed; YEAS 115 NAYS 0 -HJ 644 |
| 4/18/2013 | Senate |
• In Messages • Referred to Banking and Insurance; Governmental Oversight and Accountability; Appropriations Subcommittee on General Government; Appropriations -SJ 501 |
| 4/23/2013 | Senate |
• Received -SJ 501 |
| 4/29/2013 | Senate |
• Withdrawn from Banking and Insurance; Governmental Oversight and Accountability; Appropriations Subcommittee on General Government; Appropriations -SJ 765 • Placed on Calendar, on 2nd reading -SJ 765 • Substituted for CS/CS/CS/SB 242 -SJ 765 • Read 2nd time -SJ 765 • Amendment(s) adopted (760430) -SJ 765 • Placed on 3rd reading |
| 4/30/2013 | Senate |
• Read 3rd time -SJ 803 • CS passed as amended; YEAS 39 NAYS 0 -SJ 804 |
| 4/30/2013 | House |
• In returning messages |
| 5/2/2013 | House |
• Amendment(s) to Senate amendment(s) adopted (913995) -HJ 1081, 1084 • Concurred in Senate amendment(s) as amended -HJ 1084 • CS passed as amended; YEAS 116 NAYS 0 -HJ 1084 |
| 5/2/2013 | Senate |
• In returning messages • Concurred in House amendment(s) to Senate amendment(s) (913995) -SJ 1032 • CS passed as amended; YEAS 39 NAYS 0 -SJ 1034 |
| 5/2/2013 | House |
• Ordered enrolled |
| 6/3/2013 |
• Signed by Officers and presented to Governor |
|
| 6/7/2013 |
• Approved by Governor |
|
| 6/10/2013 |
• Chapter No. 2013-140 |
635114 - Amendment to Amendment (760430)