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2004 Regular Session bill information current as of November 17, 2004 - 2:48 p.m.
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HOUSE BILL 231

CHAPTER NUMBER: 162
File Code: Insurance - Other than Health
Crossfiled with: SENATE BILL 129

Sponsored By:
Delegates Hammen, Benson, Boteler, Boutin, Bromwell, Costa, Donoghue, Elliott, Goldwater, Hubbard, Hurson, Kach, Mandel, McDonough, Morhaim, Murray, Nathan-Pulliam, Oaks, Pendergrass, Rosenberg, Rudolph, Smigiel, V. Turner, and Weldon

Entitled:
Life Insurers - Funding Agreements - Priority in Liquidation Proceedings

Synopsis:

Stating expressly the priority of specified claims made by holders of specified funding agreements in liquidation proceedings against specified insurers.

History by Legislative Date

House Action
1/23
First Reading Health and Government Operations
2/4
Hearing 2/11 at 1:00 p.m.
2/23
Favorable with Amendments Report by Health and Government Operations
2/24
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/27
Third Reading Passed (137-0)
3/31
Returned Passed
4/27
Signed by the Governor Chapter 162
Senate Action
3/1
First Reading Finance
3/10
Hearing 3/25 at 1:00 p.m.
3/30
Favorable Report by Finance
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (47-0)

Sponsored by:

Delegate Peter A. Hammen, District 46
Delegate Joanne C. Benson, District 24
Delegate Joseph C. Boteler, III, District 8
Delegate Charles R. Boutin, District 34A
Delegate Eric M. Bromwell, District 8
Delegate Robert A. Costa, District 33B
Delegate John P. Donoghue, District 2C
Delegate Donald B. Elliott, District 4B
Delegate Marilyn R. Goldwater, District 16
Delegate James W. Hubbard, District 23A
Delegate John Adams Hurson, District 18
Delegate Wade Kach, District 5B
Delegate Adrienne A. Mandel, District 19
Delegate Pat McDonough, District 7
Delegate Dan K. Morhaim, District 11
Delegate Gareth E. Murray, District 20
Delegate Shirley Nathan-Pulliam, District 10
Delegate Nathaniel T. Oaks, District 41
Delegate Shane E. Pendergrass, District 13
Delegate Samuel I. Rosenberg, District 41
Delegate David D. Rudolph, District 34B
Delegate Michael D. Smigiel, Sr., District 36
Delegate Veronica Turner, District 26
Delegate Richard B. Weldon, Jr., District 3B

Bill indexed under the following Subjects:

BANKRUPTCY
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

Bill affects the following Statutes:

Insurance
( 9-227 , 9-227 )

Documents:

Bill Text: First Reading (RTF / PDF), Third Reading (RTF / PDF), Enrolled

Fiscal Note: Available (WORD / PDF)

Amendments:
House
Number: 466781/01 (WordPerfect / PDF)     Offered on: February 24, 2004   at: 10:30 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):
House
February 27, 2004: Third Reading Passed (137-0)
Senate
March 31, 2004: Third Reading Passed (47-0)


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