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Glossary of Legislative Terms

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
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)

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  • 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

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  • SB 356, Enrolled (Current Bill Version) Posted 4/29/2013 at 4:36 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 509 (c1) Insurance Corporations Van Zant Similar Last Action: 4/26/2013 H Laid on Table, companion bill(s) passed, see SB 356 (Ch. 2013-125) -HJ 904
    Location: Laid on Table     		Track This Bill
    H 635 (e1) Insurance Edwards Compare Last Action: 5/3/2013 H Died in returning Messages, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101)
    Location: In returning messages from Senate     		Track This Bill
    S 1046 (c2) Insurance Brandes Compare Last Action: 4/26/2013 S Laid on Table, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101) -SJ 706
    Location: Laid on Table     		Track This Bill

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    617.01401 Definitions. Page 3 (pdf)
    627.971 Definitions. Page 2 (pdf)
    627.972 Organization; financial requirements. Page 2 (pdf)
    628.371 Dividends to stockholders. Page 4 (pdf)
    628.703 Definitions. Page 4 (pdf)
    628.707 Applicability of general corporation statutes. Page 6 (pdf)
    628.715 Merger and acquisitions. Page 6 (pdf)
    628.727 Membership. Page 8 (pdf)

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  • SB 356, Engrossed 1 Posted 4/10/2013 at 6:00 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 509 (c1) Insurance Corporations Van Zant Similar Last Action: 4/26/2013 H Laid on Table, companion bill(s) passed, see SB 356 (Ch. 2013-125) -HJ 904
    Location: Laid on Table     		Track This Bill
    H 635 (e1) Insurance Edwards Compare Last Action: 5/3/2013 H Died in returning Messages, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101)
    Location: In returning messages from Senate     		Track This Bill
    S 1046 (c2) Insurance Brandes Compare Last Action: 4/26/2013 S Laid on Table, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101) -SJ 706
    Location: Laid on Table     		Track This Bill

    Floor Votes (2)

    Date Chamber Result
    4/16/2013 9:42 AM Senate 38 Yeas - 0 Nays
    4/29/2013 10:23 AM House 112 Yeas - 0 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    617.01401 Definitions. Page 3 (pdf)
    627.971 Definitions. Page 2 (pdf)
    627.972 Organization; financial requirements. Page 2 (pdf)
    628.371 Dividends to stockholders. Page 4 (pdf)
    628.703 Definitions. Page 4 (pdf)
    628.707 Applicability of general corporation statutes. Page 6 (pdf)
    628.715 Merger and acquisitions. Page 6 (pdf)
    628.727 Membership. Page 8 (pdf)

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  • SB 356, Original Filed Version Posted 1/16/2013 at 3:50 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/18/2013 (pdf)
    Banking and Insurance (Post-Meeting) 3/20/2013 (pdf)
    Commerce and Tourism (Pre-Meeting) 3/29/2013 (pdf)
    Commerce and Tourism (Post-Meeting) 4/1/2013 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 509 (c1) Insurance Corporations Van Zant Compare Last Action: 4/26/2013 H Laid on Table, companion bill(s) passed, see SB 356 (Ch. 2013-125) -HJ 904
    Location: Laid on Table     		Track This Bill
    H 635 (c2) Insurance Edwards Compare Last Action: 5/3/2013 H Died in returning Messages, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101)
    Location: In returning messages from Senate     		Track This Bill
    S 1046 (c1) Insurance Brandes Compare Last Action: 4/26/2013 S Laid on Table, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101) -SJ 706
    Location: Laid on Table     		Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    974786 - Amendment
    Between lines 53 and 54 insert:     		Commerce and Tourism
    (Abruzzo)     		4/1/2013
    10:31 AM     		Withdrawn
    4/1/2013     		Web Page
    PDF

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    655700 - Amendment
    Between lines 53 and 54 insert:     		Abruzzo 4/9/2013
    4:57 PM     		Senate: Adopted
    4/10/2013     		Web Page
    PDF
    577342 - Amendment
    Delete line 54 and insert:     		Abruzzo 4/10/2013
    2:03 PM     		Senate: Adopted
    4/10/2013     		Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    3/20/2013 3:00 PM Banking and Insurance 12 Yeas - 0 Nays
    4/1/2013 12:30 PM Commerce and Tourism 11 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.971 Definitions. Page 1 (pdf)
    627.972 Organization; financial requirements. Page 1 (pdf)

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