CT HB05232 | 2016 | General Assembly

Status

Spectrum: Committee Bill
Status: Engrossed on April 22 2016 - 50% progression, died in chamber
Action: 2016-04-25 - Senate Calendar Number 486
Text: Latest bill text (Comm Sub) [HTML]

Summary

To (1) update the Insurers Rehabilitation and Liquidation Act to reflect provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act, (2) provide that a transfer pursuant to a commutation of a reinsurance agreement shall not be voidable as a preference, (3) specify limits on when a party to a netting agreement or qualified financial contract with an insolvent insurer may exercise such party's right to terminate, liquidate, accelerate or close out obligations with respect to such agreement or contract, and (4) delete an obsolete provision concerning insurer receivership and make a conforming change.

Tracking Information

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Title

An Act Concerning The Insurers Rehabilitation And Liquidation Act.

Sponsors


Roll Calls

2016-04-22 - House - House Roll Call Vote 107 (Y: 135 N: 0 NV: 0 Abs: 15) [PASS]

History

DateChamberAction
2016-04-25HouseSenate Calendar Number 486
2016-04-25HouseFavorable Report, Tabled for the Calendar, Senate
2016-04-22HouseHouse Passed
2016-03-24HouseFile Number 174
2016-03-24HouseHouse Calendar Number 139
2016-03-24HouseFavorable Report, Tabled for the Calendar, House
2016-03-24HouseReported Out of Legislative Commissioners' Office
2016-03-18HouseReferred to Office of Legislative Research and Office of Fiscal Analysis 03/23/16 5:00 PM
2016-03-11HouseFiled with Legislative Commissioners' Office
2016-03-11HouseJoint Favorable Substitute
2016-02-26HousePublic Hearing 03/01
2016-02-16HouseReferred to Joint Committee on Insurance and Real Estate

Connecticut State Sources


Bill Comments

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