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SB 356: Mutual Insurance Corporations

GENERAL BILL by Abruzzo

Mutual Insurance Corporations; Providing that such corporations include licensed mutual insurers as well as licensed stock insurers; providing that certain dividends or distributions by a not-for-profit insurance company to its mutual insurance holding company which meet certain requirements are permitted under provisions relating to stock and mutual insurers; amending definitions relating to mutual insurance holding companies to add provisions for not-for-profit insurance companies and nonprofit health care plans, etc.

Effective Date: Except for sections 3 through 8, which shall take effect January 1, 2014, this act shall take effect June 7, 2013
Last Action: 6/10/2013 - Chapter No. 2013-125
Location: Became Law
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)



Bill History

Date Chamber Action
1/16/2013 Senate • Filed
1/18/2013 Senate • Referred to Banking and Insurance; Commerce and Tourism -SJ 29
3/5/2013 Senate • Introduced -SJ 29
3/15/2013 Senate • On Committee agenda-- Banking and Insurance, 03/20/13, 3:00 pm, 110 Senate Office Building
3/20/2013 Senate • Favorable by Banking and Insurance; YEAS 12 NAYS 0 -SJ 239
3/21/2013 Senate • Now in Commerce and Tourism -SJ 239
3/27/2013 Senate • On Committee agenda-- Commerce and Tourism, 04/01/13, 12:30 pm, 110 Senate Office Building
4/1/2013 Senate • Favorable by- Commerce and Tourism; YEAS 11 NAYS 0 -SJ 278
4/2/2013 Senate • Placed on Calendar, on 2nd reading -SJ 278
4/4/2013 Senate • Placed on Special Order Calendar, 04/10/13
4/10/2013 Senate • Read 2nd time -SJ 389
• Amendment(s) adopted (577342, 655700) -SJ 389
• Ordered engrossed -SJ 391
• Placed on 3rd reading
4/16/2013 Senate • Read 3rd time -SJ 444
• Passed as amended; YEAS 38 NAYS 0 -SJ 445
4/24/2013 House • In Messages
4/25/2013 House • Referred to Calendar -HJ 858
• Placed on Special Order Calendar, 04/26/13
• Received -HJ 858
4/26/2013 House • Substituted for CS/HB 509 -HJ 904
• Read 2nd time -HJ 904
• Placed on 3rd reading
4/29/2013 House • Read 3rd time -HJ 935
• Passed; YEAS 112 NAYS 0 -HJ 936
4/29/2013 Senate • Ordered enrolled -SJ 793
6/3/2013 • Signed by Officers and presented to Governor
6/7/2013 • Approved by Governor
6/10/2013 • Chapter No. 2013-125