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Glossary of Legislative Terms

SB 482: Statutory Accounting Principles

GENERAL BILL by Pruitt

Statutory Accounting Principles; defines terms "statutory accounting principles"; provides for what constitutes asset of insurer; revises provision concerning liability; provides for valuation of bonds; revises requirements for collateral loans; provides transition selection for statutory accounting principles; redefines certain assets or liabilities in determination of financial condition of HMO, etc. Amends Ch. 625, 624.610, 641.183,.19,.35.

Effective Date: Upon becoming law
 Last Action: 5/4/2001 House - Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/SB 658 (Ch. 2001-213)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/1/2001 Senate • Prefiled
    2/14/2001 Senate • Referred to Banking and Insurance
    3/6/2001 Senate • Introduced, referred to Banking and Insurance -SJ 00037
    4/19/2001 Senate • On Committee agenda-- Banking and Insurance, 04/24/01, 9:00 am, 110-S
    4/24/2001 Senate • Favorable with 1 amendment(s) by- Banking and Insurance; YEAS 10 NAYS 0 -SJ 00466
    4/25/2001 Senate • Placed on Calendar, on second reading -SJ 00466
    4/30/2001 Senate • Placed on Special Order Calendar -SJ 00569; Read second time -SJ 00615; Amendment(s) adopted -SJ 00615; Ordered engrossed -SJ 00618
    5/1/2001 Senate • Read third time -SJ 00694; Passed as amended; YEAS 38 NAYS 0 -SJ 00694
    5/1/2001 House • In Messages
    5/4/2001 House • Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/SB 658 (Ch. 2001-213)

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  • SB 482, Engrossed 1 (Current Bill Version) Posted 5/3/2001 at 4:32 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 307 Statutory Accounting Principles Clarke, Murman Compare Last Action: 5/4/2001 H Died in Committee on Banking (CCC), Link/Iden/Sim/Compare passed, refer to CS/SB 658 (Ch. 2001-213)
    Location:
    S 658 (e2) Holzendorf Compare Last Action: 6/13/2001 Approved by Governor; Chapter No. 2001-213
    Location:

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    624.610 Reinsurance.
    625.011
    625.012 "Assets" defined.
    625.031 Assets not allowed.
    625.041 Liabilities, in general.
    625.141 Valuation of bonds.
    625.161 Valuation of property.
    625.322 Collateral loans.
    641.183
    641.19 Definitions.
    641.35 Assets, liabilities, and investments.

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  • SB 482, Original Filed Version Posted 2/2/2001 at 7:53 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 4/19/2001 (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    195056 - Amendment
    		Banking and Insurance 4/24/2001
    4:30 PM     		Web Page
    PDF

    Floor Amendments (4)

    Amendment Sponsor Filed Last Floor Action Format
    hierarchy 261194 - Amendment to Amendment (195056)
    		Pruitt 4/27/2001
    11:06 AM     		Web Page
    PDF
    hierarchy 460278 - Amendment to Amendment (195056)
    		Pruitt 4/30/2001
    9:26 AM     		Web Page
    PDF
    hierarchy 064434 - Amendment to Amendment (195056)
    		Pruitt 4/30/2001
    10:07 AM     		Web Page
    PDF
    hierarchy 110970 - Amendment to Amendment (195056)
    		Pruitt 4/30/2001
    10:11 AM     		Web Page
    PDF

    Floor Votes (1)

    Date Chamber Result
    5/1/2001 2:43 PM Senate 38 Yeas - 0 Nays

    Citations - Statutes (9)

    Citation Catchline Location in Bill Location In Bill Help
    624.610 Reinsurance.
    625.011
    625.012 "Assets" defined.
    625.031 Assets not allowed.
    625.041 Liabilities, in general.
    625.141 Valuation of bonds.
    625.161 Valuation of property.
    641.19 Definitions.
    641.35 Assets, liabilities, and investments.

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