CS/HB 409 (2012) -  Alien Insurers

General Bill by Insurance & Banking Subcommittee and Hooper
Alien Insurers: Revises provision exempting alien insurers from being required to obtain certificate of authority; deletes insurer's ownership of or control over affiliated persons as disqualification for exemptions; revises definition of term "nonresident"; exempts alien life or annuity insurers from obtaining certificate of authority based upon certain requirements; establishes conditions; provides requirements to maintain exemptions; authorizes OIR to conduct examinations or investigations; provides application & enforcement authority with respect to part IX of ch. 626, relating to unfair insurance trade practices; exempts eligible insurers from payment of premium taxes; requires that certain applications for life insurance policy or annuity contract contain specified statements; provides for violations & penalties.
Effective Date: upon becoming a law
Last Event: 03/09/12 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 1101 (Ch. 2012-151) on Friday, March 9, 2012 11:59 PM

Referred Committees and Committee Actions

House Referrals

Senate Referrals

  • Banking and Insurance
  • Budget Subcommittee on General Government Appropriations
  • Budget

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 1844 Subject: Alien Insurers Relationship: Similar
Bill #: CS/CS/HB 1101 Subject: Insurance Relationship: Compare
Bill #: CS/CS/SB 1620 Subject: Insurance Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Economic Affairs Committee 2/16/2012 6:56:57 PM
Chamber: House Committee: Economic Affairs Committee 2/14/2012 5:55:52 PM
Chamber: House Committee: Insurance & Banking Subcommittee 2/6/2012 10:18:05 AM
Chamber: House Committee: Insurance & Banking Subcommittee 1/29/2012 4:56:03 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 02/23/2012 02:10 PM   Yeas: 114 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 852] Barcode:

Bill History

Event Time Member Committee Ver.
Event: S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 1101 (Ch. 2012-151) Time: 03/09/2012 - 11:59 PM Member: Committee: Version: c1
Event: S Referred to Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 815 Time: 03/05/2012 - 5:56 PM Member: Committee: Version: c1
Event: S Received -SJ 815 Time: 03/05/2012 - 5:50 PM Member: Committee: Version: c1
Event: S In Messages Time: 02/24/2012 - 4:40 PM Member: Committee: Version: c1
Event: H Message sent to senate Time: 02/24/2012 - 3:52 PM Member: Committee: Version: c1
Event: H Passage on third reading Time: 02/23/2012 - 2:10 PM Member: Committee: Version: c1
Event: H CS passed; YEAS 114, NAYS 0 Time: 02/23/2012 - 2:09 PM Member: Committee: Version: c1
Event: H Read 3rd time Time: 02/23/2012 - 2:09 PM Member: Committee: Version: c1
Event: H Added to Third Reading Calendar Time: 02/22/2012 - 5:17 PM Member: Committee: Version: c1
Event: H Placed on 3rd reading Time: 02/22/2012 - 3:16 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 02/22/2012 - 3:16 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (2/22/2012) Time: 02/20/2012 - 6:40 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 02/16/2012 - 6:57 PM Member: Committee: Version: c1
Event: H Bill released to House Calendar Time: 02/16/2012 - 6:57 PM Member: Committee: Version: c1
Event: H Reported out of Economic Affairs Committee Time: 02/16/2012 - 6:57 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Removed from Meeting Agenda of Economic Affairs Committee Time: 02/16/2012 - 3:15 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Favorable by Economic Affairs Committee Time: 02/16/2012 - 2:30 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Added to Economic Affairs Committee agenda Time: 02/15/2012 - 4:18 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Added to Economic Affairs Committee agenda Time: 02/14/2012 - 4:25 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H 1st Reading Time: 02/07/2012 - 10:01 PM Member: Committee: Version: c1
Event: H Now in Economic Affairs Committee Time: 02/07/2012 - 2:30 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Referred to Economic Affairs Committee Time: 02/07/2012 - 2:30 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H CS Filed Time: 02/06/2012 - 10:23 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 02/06/2012 - 10:23 AM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 02/06/2012 - 10:17 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/30/2012 - 4:30 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/26/2012 - 4:21 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/10/2012 - 11:59 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 10/28/2011 - 3:36 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 10/28/2011 - 3:36 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 10/28/2011 - 3:36 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 10/18/2011 - 3:59 PM Member: Hooper Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.402 CS/CS/SB 1620, CS/SB 1844