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Glossary of Legislative Terms

CS/CS/SB 1422: Insurer Regulatory Reporting

GENERAL BILL by Appropriations ; Banking and Insurance ; Simmons

Insurer Regulatory Reporting; Requiring an insurer to maintain a risk management framework; requiring certain insurers and insurance groups to conduct an own-risk and solvency assessment; requiring certain insurers and members of an insurance group to prepare and submit a corporate governance annual disclosure; requiring the initial corporate governance annual disclosure to be submitted to the Office of Insurance Regulation by a specified date, etc.

Effective Date: 10/1/2016
 Last Action: 4/8/2016 - Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    1/6/2016 Senate • Filed
    1/14/2016 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 189
    • Introduced -SJ 189
    1/21/2016 Senate • On Committee agenda-- Banking and Insurance, 01/26/16, 9:00 am, 110 Senate Office Building
    1/26/2016 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 246
    1/27/2016 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS by Banking and Insurance read 1st time -SJ 254
    1/28/2016 Senate • Now in Appropriations Subcommittee on General Government -SJ 246
    2/8/2016 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 02/11/16, 10:00 am, 110 Senate Office Building
    2/11/2016 Senate • Subcommittee Recommendation: CS/CS by Appropriations Subcommittee on General Government; YEAS 5 NAYS 0 -SJ 425
    2/15/2016 Senate • Now in Appropriations -SJ 425
    2/22/2016 Senate • On Committee agenda-- Appropriations, 02/25/16, 10:00 am, 412 Knott Building
    2/25/2016 Senate • CS/CS by- Appropriations; YEAS 17 NAYS 0 -SJ 497
    2/29/2016 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading -SJ 497
    • Placed on Special Order Calendar, 03/02/16
    3/1/2016 Senate • CS/CS by Appropriations read 1st time -SJ 508
    3/2/2016 Senate • Retained on Special Order Calendar
    3/3/2016 Senate • Read 2nd time -SJ 600
    • Amendment(s) adopted (166730) -SJ 600
    • Ordered engrossed -SJ 600
    • Placed on 3rd reading
    3/4/2016 Senate • Read 3rd time -SJ 712
    • CS passed as amended; YEAS 38 NAYS 0 -SJ 712
    3/4/2016 House • In Messages
    • Referred to Calendar -HJ 835
    • Placed on Special Order Calendar, 03/07/16
    • Received -HJ 835
    3/7/2016 House • Read 2nd time -HJ 884
    • Substituted for CS/CS/HB 1163 -HJ 885
    • Placed on 3rd reading
    3/8/2016 House • Read 3rd time -HJ 916
    • CS passed; YEAS 117 NAYS 0 -HJ 916
    3/8/2016 Senate • Ordered enrolled -SJ 838
    3/25/2016 • Signed by Officers and presented to Governor
    4/8/2016 • Approved by Governor
    • Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)

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  • CS/CS/SB 1422, Enrolled (Current Bill Version) Posted 3/8/2016 at 1:49 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1416 (er) Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Linked Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
    Location: Became Law     		Track This Bill
    H 1163 (c2) Insurer Regulatory Reporting Hager Similar Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) -HJ 885
    Location: Laid on Table     		Track This Bill
    H 1165 (c2) Pub. Rec./Office of Insurance Regulation Hager Compare Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
    Location: Laid on Table     		Track This Bill

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    624.4212 Confidentiality of proprietary business and other information.
    628.8015 Page 2 (pdf)
    628.803 Sanctions. Page 13 (pdf)

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  • CS/CS/SB 1422, Engrossed 1 Posted 3/3/2016 at 12:19 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1416 (er) Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Linked Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
    Location: Became Law     		Track This Bill
    H 1163 (c2) Insurer Regulatory Reporting Hager Similar Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) -HJ 885
    Location: Laid on Table     		Track This Bill
    H 1165 (c2) Pub. Rec./Office of Insurance Regulation Hager Compare Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
    Location: Laid on Table     		Track This Bill

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    773647 - Amendment
    Remove line 392 and insert:     		Hager 3/7/2016
    7:55 AM     		House: Withdrawn
    3/7/2016     		PDF

    Floor Votes (2)

    Date Chamber Result
    3/4/2016 3:46 PM Senate 38 Yeas - 0 Nays
    3/8/2016 11:35 AM House 117 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    624.4212 Confidentiality of proprietary business and other information.
    628.8015 Page 2 (pdf)
    628.803 Sanctions. Page 13 (pdf)

    Top of SectionTop of Page

  • CS/CS/SB 1422, Committee Substitute 2 Posted 2/29/2016 at 2:44 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1416 (c2) Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Linked Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
    Location: Became Law     		Track This Bill
    H 1163 (c2) Insurer Regulatory Reporting Hager Similar Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) -HJ 885
    Location: Laid on Table     		Track This Bill
    H 1165 (c2) Pub. Rec./Office of Insurance Regulation Hager Compare Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
    Location: Laid on Table     		Track This Bill

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    166730 - Amendment
    Delete lines 339 - 348 and insert:     		Simmons 3/3/2016
    10:36 AM     		Senate: Adopted
    3/3/2016     		Web Page
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    628.8015 Page 2 (pdf)
    628.803 Sanctions. Page 13 (pdf)

    Top of SectionTop of Page

  • CS/SB 1422, Committee Substitute 1 Posted 1/27/2016 at 4:26 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on General Government (Pre-Meeting) 2/9/2016 (pdf)
    Appropriations Subcommittee on General Government (Post-Meeting) 2/15/2016 (pdf)
    Appropriations (Pre-Meeting) 2/24/2016 (pdf)
    Appropriations PCS 364684 (Pre-Meeting) 2/24/2016 (pdf)
    Appropriations (Post-Meeting) 2/29/2016 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1416 (c2) Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Linked Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
    Location: Became Law     		Track This Bill
    H 1163 (c2) Insurer Regulatory Reporting Hager Similar Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) -HJ 885
    Location: Laid on Table     		Track This Bill
    H 1165 (c2) Pub. Rec./Office of Insurance Regulation Hager Compare Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
    Location: Laid on Table     		Track This Bill

    Proposed Committee Substitutes (1)

    PCS and Amendments Sponsor Filed Last Committee Action Format
    364684 - Proposed Committee Substitute Appropriations 2/15/2016
    3:04 PM     		Replaced by Committee Substitute
    2/26/2016    		 Web Page
    PDF
    hierarchy 657686 - Amendment (364684)
    Delete lines 316 - 317 and insert:     		Appropriations
    (Simmons)     		2/25/2016
    10:15 AM
    (Late Filed)     		Replaced by Committee Substitute
    2/26/2016     		Web Page
    PDF

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    243832 - Amendment
    Delete lines 202 - 208 and insert:     		Appropriations Subcommittee on General Government
    (Lee)     		2/10/2016
    2:07 PM
    (Late Filed)     		Replaced by Committee Substitute
    2/15/2016     		Web Page
    PDF
    694796 - Amendment
    Delete lines 289 - 290 and insert:     		Appropriations
    (Simmons)     		2/25/2016
    9:07 AM
    (Late Filed)     		Withdrawn
    2/25/2016     		Web Page
    PDF
    166092 - Amendment
    Between lines 337 and 338 insert:     		Appropriations Subcommittee on General Government
    (Lee)     		2/10/2016
    2:09 PM
    (Late Filed)     		Replaced by Committee Substitute
    2/15/2016     		Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    2/11/2016 10:00 AM Appropriations Subcommittee on General Government 5 Yeas - 0 Nays
    2/25/2016 10:00 AM Appropriations 17 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    628.8015 Page 1 (pdf)
    628.803 Sanctions. Page 12 (pdf)

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  • SB 1422, Original Filed Version Posted 1/6/2016 at 4:21 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/25/2016 (pdf)
    Banking and Insurance (Post-Meeting) 1/27/2016 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1416 (c1) Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Linked Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
    Location: Became Law     		Track This Bill
    H 1163 (c1) Insurer Regulatory Reporting Hager Similar Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) -HJ 885
    Location: Laid on Table     		Track This Bill
    H 1165 (c1) Pub. Rec./Office of Insurance Regulation Hager Compare Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
    Location: Laid on Table     		Track This Bill

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    884538 - Amendment
    Delete lines 119 - 194 and insert:     		Banking and Insurance
    (Simmons)     		1/25/2016
    4:38 PM     		Replaced by Committee Substitute
    1/26/2016     		Web Page
    PDF
    728084 - Amendment
    Delete lines 327 - 328 and insert:     		Banking and Insurance
    (Simmons)     		1/25/2016
    4:37 PM     		Replaced by Committee Substitute
    1/26/2016     		Web Page
    PDF
    197750 - Amendment
    Delete line 346 and insert:     		Banking and Insurance
    (Simmons)     		1/25/2016
    4:37 PM     		Replaced by Committee Substitute
    1/26/2016     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/26/2016 9:00 AM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    628.8015 Page 1 (pdf)
    628.803 Sanctions. Page 12 (pdf)

    Top of SectionTop of Page