SB 728: Credit for Reinsurance
GENERAL BILL by Broxson
Credit for Reinsurance; Transferring specified authority and duties relating to credit for reinsurance from the Commissioner of Insurance to the Office of Insurance Regulation; revising the attorney designation requirement in reinsurance agreements with certain assuming insurers under certain circumstances; specifying requirements for assuming insurers and reinsurance agreements; authorizing a ceding insurer or its representative that is subject to rehabilitation, liquidation, or conservation to seek a certain court order; providing construction, etc.
- Banking and Insurance (BI)
- Judiciary (JU)
- Rules (RC)
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Bill History
Date Chamber Action 1/21/2021 Senate • Filed
1/28/2021 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 89
2/8/2021 Senate • On Committee agenda-- Banking and Insurance, 02/16/21, 3:30 pm, 412 Knott Building
2/16/2021 Senate • Favorable by Banking and Insurance; YEAS 11 NAYS 0 -SJ 177
• Now in Judiciary
2/25/2021 Senate • On Committee agenda-- Judiciary, 03/02/21, 1:30 pm, 412 Knott Building
3/2/2021 Senate • Introduced -SJ 89
• Favorable by Judiciary; YEAS 11 NAYS 0 -SJ 191
• Now in Rules
3/18/2021 Senate • On Committee agenda-- Rules, 03/18/21, 9:00 am, 412 Knott Building --Not Considered
3/22/2021 Senate • On Committee agenda-- Rules, 03/25/21, 9:00 am, 412 Knott Building
3/25/2021 Senate • Favorable by- Rules; YEAS 16 NAYS 1 -SJ 324
• Placed on Calendar, on 2nd reading
3/29/2021 Senate • Placed on Special Order Calendar, 04/01/21 -SJ 341
4/1/2021 Senate • Read 2nd time -SJ 336
• Read 3rd time -SJ 336
• Passed; YEAS 38 NAYS 1 -SJ 336
• Immediately certified -SJ 341
4/1/2021 House • In Messages
4/8/2021 House • Bill referred to House Calendar
• Bill added to Special Order Calendar (4/13/2021)
• 1st Reading (Original Filed Version)
4/13/2021 House • Substituted for HB 733
• Read 2nd time
• Placed on 3rd reading
• Added to Third Reading Calendar
4/14/2021 House • Read 3rd time
• Passed; YEAS 118, NAYS 0
4/15/2021 House • Message sent to senate
4/15/2021 Senate • Ordered enrolled -SJ 507
6/14/2021 • Signed by Officers and presented to Governor
6/16/2021 • Approved by Governor
6/17/2021 • Chapter No. 2021-101
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SB 728, Enrolled (Current Bill Version) Posted 4/15/2021 at 8:41 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 733 Credit for Reinsurance Fetterhoff Identical Last Action: 4/13/2021 H Laid on Table; companion bill(s) passed, see SB 728 (Ch. 2021-101) 
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 624.610 Reinsurance. Page 2 (pdf) -
SB 728, Original Filed Version Posted 1/21/2021 at 4:49 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 733 Credit for Reinsurance Fetterhoff Identical Last Action: 4/13/2021 H Laid on Table; companion bill(s) passed, see SB 728 (Ch. 2021-101)
Committee Votes (3)
Date Committee Result 2/16/2021 3:30 PM Banking and Insurance 11 Yeas - 0 Nays 3/2/2021 1:30 PM Judiciary 11 Yeas - 0 Nays 3/25/2021 9:00 AM Rules 16 Yeas - 1 Nays Floor Votes (2)
Date Chamber Result 4/1/2021 10:12 AM Senate 38 Yeas - 1 Nays 4/14/2021 5:25 PM House 118 Yeas - 0 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 624.610 Reinsurance. Page 2 (pdf)