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CS/CS/HB 633: Division of Insurance Agents & Agency Services

GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Ingram ; (CO-INTRODUCERS) Rouson ; Van Zant

Division of Insurance Agents & Agency Services; Revises name of Division of Insurance Agents & Agency Services; revises original appointment & renewal fees related to certain insurance representatives; provides requirements relating to agents in charge; prohibits an insurance agency from conducting insurance business at certain locations; revises licensure requirements & penalties; revises requirements relating to applications for insurance agency licenses; revises scope of examination for limited agent; requires department to suspend certain licenses & appointments; revises prohibition against unlicensed transaction of life insurance; revises requirements for licensure of nonresident surplus lines agents; revises qualifications for approval as mediator; authorizes DFS to adopt rules; prohibits persons seeking to be licensed by division from denying or failing to acknowledge certain expunged or sealed records.

Effective Date: 7/1/2014
Last Action: 6/13/2014 - Chapter No. 2014-123, companion bill(s) passed, see CS/CS/SB 708 (Ch. 2014-86)
Location: Became Law
Bill Text: PDF



Bill History

Date Chamber Action
1/16/2014 House • Filed
1/27/2014 House • Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 55
2/12/2014 House • On Committee agenda-- Insurance and Banking Subcommittee, 02/19/14, 1:00 pm, Sumner Hall
2/19/2014 House • CS by Insurance and Banking Subcommittee; YEAS 9 NAYS 0 -HJ 160
2/25/2014 House • Pending review of CS under Rule 7.19(c)
2/27/2014 House • Now in Government Operations Appropriations Subcommittee -HJ 151
2/28/2014 House • On Committee agenda-- Government Operations Appropriations Subcommittee, 03/04/14, 1:30 pm, Morris Hall
3/4/2014 House • Introduced -HJ 55
• Favorable by Government Operations Appropriations Subcommittee; YEAS 12 NAYS 0 -HJ 205
• Now in Regulatory Affairs Committee -HJ 205
• CS by Insurance and Banking Subcommittee read 1st time -HJ 146
3/10/2014 House • On Committee agenda-- Regulatory Affairs Committee, 03/12/14, 1:00 pm, Sumner Hall -HJ 284
3/12/2014 House • CS/CS by- Regulatory Affairs Committee; YEAS 17 NAYS 0 -HJ 284
3/13/2014 House • Pending review of CS -under Rule 7.19(c)
3/14/2014 House • CS/CS by Regulatory Affairs Committee read 1st time -HJ 281
3/18/2014 House • Placed on Calendar -HJ 292
3/24/2014 House • Placed on Special Order Calendar, 03/26/14
3/26/2014 House • Read 2nd time -HJ 355
• Amendment(s) adopted (162283) -HJ 356
• Placed on 3rd reading
3/27/2014 House • Read 3rd time -HJ 376
• CS passed as amended; YEAS 116 NAYS 0 -HJ 377
4/1/2014 Senate • In Messages
• Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 377
• Received -SJ 377
4/23/2014 Senate • Withdrawn from Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 568
• Placed on Calendar, on 2nd reading -SJ 568
• Substituted for CS/SB 1210 -SJ 569
• Read 2nd time -SJ 569
• Placed on 3rd reading
4/25/2014 Senate • Read 3rd time -SJ 641
• CS passed; YEAS 38 NAYS 0 -SJ 641
• Immediately certified -SJ 648
4/25/2014 House • Ordered enrolled -HJ 799
6/5/2014 • Signed by Officers and presented to Governor
6/13/2014 • Approved by Governor
• Chapter No. 2014-123, companion bill(s) passed, see CS/CS/SB 708 (Ch. 2014-86)