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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.

Effective Date: 7/1/2014
 Last Action: 6/10/2013 - Chapter No. 2013-140
Bill Text: PDF

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  • 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

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  • CS/CS/HB 383, Enrolled (Current Bill Version) Posted 5/3/2013 at 11:22 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 242 (c3) Interstate Insurance Product Regulation Compact Hukill Similar Last Action: 4/29/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 383 (Ch. 2013-140) -SJ 765
    Location: Laid on Table     		Track This Bill

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  • CS/CS/HB 383, Engrossed 1 Posted 5/2/2013 at 7:59 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 242 (c3) Interstate Insurance Product Regulation Compact Hukill Similar Last Action: 4/29/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 383 (Ch. 2013-140) -SJ 765
    Location: Laid on Table     		Track This Bill

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  • CS/CS/HB 383, Committee Substitute 2 Posted 4/10/2013 at 2:46 PM

    Bill Text:   PDF
    Analyses:   House Message Summary (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 242 (c3) Interstate Insurance Product Regulation Compact Hukill Similar Last Action: 4/29/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 383 (Ch. 2013-140) -SJ 765
    Location: Laid on Table     		Track This Bill

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    760430 - Amendment
    Delete lines 1053 - 1133 and insert:     		Hukill 4/28/2013
    4:53 PM     		House: Concurred as Amended
    5/2/2013     		Web Page
    PDF
    hierarchy 635114 - Amendment to Amendment (760430)
    Delete lines 34 - 47 and insert:     		Hukill 4/30/2013
    7:48 AM     		Senate: Withdrawn
    4/30/2013     		Web Page
    PDF
    hierarchy 913995 - Amendment to Amendment (760430)
    Remove lines 19-132 of the amendment and insert:     		Hudson 5/1/2013
    4:35 PM     		Senate: Concurred
    5/2/2013     		PDF

    Floor Votes (4)

    Date Chamber Result
    4/17/2013 6:28 PM House 115 Yeas - 0 Nays
    4/30/2013 11:54 AM Senate 39 Yeas - 0 Nays
    5/2/2013 10:16 AM House 116 Yeas - 0 Nays
    5/2/2013 4:01 PM Senate 39 Yeas - 0 Nays

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  • CS/HB 383, Committee Substitute 1 Posted 3/15/2013 at 4:32 PM

    Bill Text:   PDF
    Analyses:   Government Operations Subcommittee (Post-Meeting) 3/27/2013 (pdf)
    Government Operations Appropriations Subcommittee (Post-Meeting) 4/2/2013 (pdf)
    Regulatory Affairs Committee (Post-Meeting) 4/10/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 242 (c1) Interstate Insurance Product Regulation Compact Hukill Similar Last Action: 4/29/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 383 (Ch. 2013-140) -SJ 765
    Location: Laid on Table     		Track This Bill

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    224125 - Amendment
    Remove lines 549-561 and insert:     		Hudson 4/8/2013
    7:16 PM     		Adopted without Objection
    4/9/2013     		PDF
    863103 - Amendment
    Remove line 1090 and insert:     		Hudson 4/1/2013
    5:46 PM     		Withdrawn
    4/2/2013     		PDF
    758855 - Amendment
    Remove line 1112 and insert:     		Hudson 4/8/2013
    7:19 PM     		Adopted without Objection
    4/9/2013     		PDF

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  • HB 383, Original Filed Version Posted 1/22/2013 at 6:50 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 6/12/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 242 Interstate Insurance Product Regulation Compact Hukill Similar Last Action: 4/29/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 383 (Ch. 2013-140) -SJ 765
    Location: Laid on Table     		Track This Bill

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