DE HB283 | 2023-2024 | 152nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Engrossed on March 7 2024 - 50% progression
Action: 2024-03-20 - Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 7 On Its Merits
Text: Latest bill text (Draft #1) [HTML]

Summary

This bill reorganizes provisions within the Insurance Code to centralize licensing and filing fees within one statutory provision (§ 701) and reconciles differences between the licensing and filing fees set forth in § 701 and within the specific licensing statutes. This bill also creates new licensing or registration fees for reciprocal insurers and certified reinsurers to align the costs of processing applications for these insurers with similarly-licensed or accredited insurers and reinsurers.

Tracking Information

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Title

An Act To Amend Title 18 Of The Delaware Code Relating To Insurance.

Sponsors


Roll Calls

2024-03-07 - House - House Third Reading (Y: 41 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-03-20 Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 7 On Its Merits
2024-03-07 Assigned to Banking, Business, Insurance & Technology Committee in Senate
2024-03-07 Passed By House. Votes: 41 YES
2024-03-07 Amendment HA 1 to HB 283 - Passed In House by Voice Vote
2024-01-23 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 2 Favorable, 11 On Its Merits
2024-01-18 Amendment HA 1 to HB 283 - Introduced and Placed With Bill
2024-01-11 Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House

Delaware State Sources


Bill Comments

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