VA HB1759 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 21 2019 - 100% progression
Action: 2019-03-21 - Governor: Acts of Assembly Chapter text (CHAP0692)
Text: Latest bill text (Chaptered) [HTML]

Summary

Insurance holding companies; internationally active insurance groups. Authorizes a designated state to act as a group-wide supervisor for an internationally active insurance group (IAIG). An IAIG is an insurance holding company group that has premiums written in at least three countries, has at least 10 percent of premiums written in foreign countries, and has total assets greater than $50 billion or total premiums greater than $10 billion. The measure enacts provisions of the National Association of Insurance Commissioners' revisions to the Model Insurance Holding Company System Regulatory Act.

Tracking Information

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Title

Insurance holding companies; supervision of internationally active insurance groups.

Sponsors


Roll Calls

2019-02-14 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-13 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2019-02-11 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-16 - House - House: VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (Y: 96 N: 0 NV: 3 Abs: 0) [PASS]
2019-01-10 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2019-03-21 Governor: Acts of Assembly Chapter text (CHAP0692)
2019-03-21 Governor: Approved by Governor-Chapter 692 (effective 7/1/19)
2019-02-21 Governor: Governor's Action Deadline Midnight, March 26, 2019
2019-02-21HouseEnrolled Bill communicated to Governor on February 21, 2019
2019-02-20SenateSigned by President
2019-02-19HouseSigned by Speaker
2019-02-19HouseBill text as passed House and Senate (HB1759ER)
2019-02-19HouseEnrolled
2019-02-14SenatePassed Senate (40-Y 0-N)
2019-02-14SenateRead third time
2019-02-13SenateConstitutional reading dispensed (39-Y 0-N)
2019-02-11SenateReported from Commerce and Labor (15-Y 0-N)
2019-01-17SenateReferred to Committee on Commerce and Labor
2019-01-17SenateConstitutional reading dispensed
2019-01-16HouseVOTE: BLOCK VOTE PASSAGE (96-Y 0-N)
2019-01-16HouseRead third time and passed House BLOCK VOTE (96-Y 0-N)
2019-01-15HouseRead second time and engrossed
2019-01-14HouseRead first time
2019-01-10HouseReported from Commerce and Labor (21-Y 0-N)
2018-12-21HouseReferred to Committee on Commerce and Labor
2018-12-21HousePrefiled and ordered printed; offered 01/09/19 19102997D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3821322(n/a)See Bill Text
3821332.2(n/a)See Bill Text
3821333(n/a)See Bill Text

Virginia State Sources


Bill Comments

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