Georgia House Bill 969 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 6-0)
Status: Passed on May 2 2022 - 100% progression
Action: 2022-05-02 - Effective Date 2022-07-01
Text: Latest bill text (Enrolled) [PDF]

A BILL to be entitled an Act to amend Chapter 13 of Title 33 of the Official Code of Georgia Annotated, relating to insurance holding company systems, so as to update the regulation of insurance company holding systems per direction from the National Association of Insurance Commissioners; to provide for definitions; to provide guidelines for group capital calculation in insurance company holding systems; to provide guidelines for liquidity stress test framework in insurance company holding systems; to provide standards governing transactions within an insurance holding company system when an insurer is deemed to be in a hazardous financial condition; to provide protections for an affiliate in an insurance holding company system when a domestic insurer is subject to certain proceedings; to provide clarifications on confidentiality and to extend confidentiality protections to third-party consultants designated by the Commissioner; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Insurance; update regulation of company holding systems

Rep. Tyler Smith [R]	Rep. Noel Williams [R]	Rep. Chris Erwin [R]	Rep. Houston Gaines [R]
Rep. Matthew Gambill [R]	Sen. Dean Burke [R]

2022-04-04 - Senate - Passage: Senate Vote #837 (Y: 53 N: 0 NV: 2 Abs: 1) [PASS]
2022-02-15 - House - Passage: House Vote #530 (Y: 163 N: 0 NV: 4 Abs: 12) [PASS]

Date	Chamber	Action
2022-05-02		Effective Date 2022-07-01
2022-05-02		Act 753
2022-05-02	House	House Date Signed by Governor
2022-04-08	House	House Sent to Governor
2022-04-04	Senate	Senate Passed/Adopted
2022-04-04	Senate	Senate Third Read
2022-04-04	Senate	Senate Taken from Table
2022-04-01	Senate	Senate Tabled
2022-03-18	Senate	Senate Read Second Time
2022-03-17	Senate	Senate Committee Favorably Reported
2022-02-17	Senate	Senate Read and Referred
2022-02-15	House	House Passed/Adopted
2022-02-15	House	House Third Readers
2022-02-10	House	House Committee Favorably Reported
2022-01-26	House	House Second Readers
2022-01-25	House	House First Readers
2022-01-24	House	House Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/61245
Text	https://www.legis.ga.gov/api/legislation/document/20212022/203721
Text	https://www.legis.ga.gov/api/legislation/document/20212022/212176
Roll Call	https://www.legis.ga.gov/legislation/61245#19142
Roll Call	https://www.legis.ga.gov/legislation/61245#19863