HB 353: Mortgage Guaranty Insurance
GENERAL BILL by Kallinger ; (CO-INTRODUCERS) Brummer ; Alexander ; Clarke ; Simmons
Mortgage Guaranty Insurance; revises minimum surplus requirements for mortgage guaranty insurers; revises limits on total liability & exposure to losses for such insurers; requires mortgage guaranty insurers to include certain information in audited financial reports required pursuant to certain provision; authorizes Insurance Dept. to take certain actions against mortgage guaranty insurer that is not in compliance. Amends 624.408, 635.042.
Effective Date: 07/01/2001
Last Action: 4/4/2001 House - Placed on Special Order Calendar; Senate Bill substituted; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 218 (Ch. 2001-37) -HJ 00462
Bill Text: Web Page | PDF
Last Action: 4/4/2001 House - Placed on Special Order Calendar; Senate Bill substituted; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 218 (Ch. 2001-37) -HJ 00462
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/7/2001 | House |
• Prefiled |
| 2/15/2001 | House |
• Referred to Insurance (CCC); Council for Competitive Commerce |
| 3/6/2001 | House |
• Introduced, referred to Insurance (CCC); Council for Competitive Commerce -HJ 00035 |
| 3/12/2001 | House |
• On Committee agenda-- Insurance (CCC), 03/14/01, 9:00 am, Reed Hall |
| 3/14/2001 | House |
• Favorable by Insurance (CCC); YEAS 14 NAYS 0 -HJ 00197 |
| 3/15/2001 | House |
• Now in Council for Competitive Commerce -HJ 00197 |
| 3/20/2001 | House |
• On Council agenda-- Council for Competitive Commerce, 03/22/01, 9:15 am, Reed Hall |
| 3/22/2001 | House |
• Favorable by- Council for Competitive Commerce; YEAS 13 NAYS 0 -HJ 00408 |
| 3/23/2001 | House |
• Placed on Calendar, on second reading -HJ 00408 |
| 4/4/2001 | House |
• Placed on Special Order Calendar; Senate Bill substituted; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 218 (Ch. 2001-37) -HJ 00462 |