SB 728 (2021) -  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.
SB Substituted for HB 733 By Fetterhoff
Effective Date: 07/01/2021
Last Event: 06/17/21 Chapter No. 2021-101 on Thursday, June 17, 2021 2:15 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 02/16/21 3:30 PM
    • Favorable (final action) Votes: Yeas 11   Nays 0
  • Judiciary
    • On agenda for: 03/02/21 1:30 PM
    • Favorable (final action) Votes: Yeas 11   Nays 0
  • Rules
    • On agenda for: 03/25/21 9:00 AM
    • Favorable (final action) Votes: Yeas 16   Nays 1

Related Bills

Bill # Subject Relationship
Bill #: HB 733 Subject: Credit for Reinsurance Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Rules 3/25/2021 3:49:24 PM
Chamber: Senate Committee: Rules 3/16/2021 3:45:48 PM
Chamber: Senate Committee: Judiciary 3/2/2021 5:20:40 PM
Chamber: Senate Committee: Judiciary 3/1/2021 1:17:03 PM
Chamber: Senate Committee: Banking and Insurance 2/16/2021 4:45:48 PM
Chamber: Senate Committee: Banking and Insurance 2/16/2021 4:35:16 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 04/01/2021 10:12 AM   Yeas: 38 Nays: 1 Action: Action 2: Vote Detail: Vote [Seq# 3] Barcode:
Chamber: House Date: 04/14/2021 05:25 PM   Yeas: 118 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 122] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2021-101 Time: 06/17/2021 - 2:15 PM Member: Committee: Version: er
Event: Approved by Governor Time: 06/16/2021 - 6:22 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/14/2021 - 11:01 AM Member: Committee: Version: er
Event: S Ordered enrolled -SJ 507 Time: 04/15/2021 - 7:17 PM Member: Committee: Version: __
Event: H Message sent to senate Time: 04/15/2021 - 7:02 PM Member: Committee: Version: __
Event: H Passed; YEAS 118, NAYS 0 Time: 04/14/2021 - 5:25 PM Member: Committee: Version: __
Event: H Read 3rd time Time: 04/14/2021 - 5:24 PM Member: Committee: Version: __
Event: H Added to Third Reading Calendar Time: 04/13/2021 - 8:44 PM Member: Committee: Version: __
Event: H Placed on 3rd reading Time: 04/13/2021 - 8:29 PM Member: Committee: Version: __
Event: H Read 2nd time Time: 04/13/2021 - 8:27 PM Member: Committee: Version: __
Event: H Substituted for HB 733 Time: 04/13/2021 - 8:27 PM Member: Committee: Version: __
Event: H 1st Reading Time: 04/08/2021 - 7:33 PM Member: Committee: Version: __
Event: H Bill added to Special Order Calendar (4/13/2021) Time: 04/08/2021 - 5:31 PM Member: Committee: Version: __
Event: H Bill referred to House Calendar Time: 04/08/2021 - 5:00 PM Member: Committee: Version: __
Event: H In Messages Time: 04/01/2021 - 1:11 PM Member: Committee: Version: __
Event: S Immediately certified -SJ 341 Time: 04/01/2021 - 12:30 PM Member: Committee: Version: __
Event: S Passed; YEAS 38 NAYS 1 -SJ 336 Time: 04/01/2021 - 10:13 AM Member: Committee: Version: __
Event: S Read 3rd time -SJ 336 Time: 04/01/2021 - 10:10 AM Member: Committee: Version: __
Event: S Read 2nd time -SJ 336 Time: 04/01/2021 - 10:10 AM Member: Committee: Version: __
Event: S Placed on Special Order Calendar, 04/01/21 -SJ 341 Time: 03/29/2021 - 3:06 PM Member: Committee: Version: __
Event: S Placed on Calendar, on 2nd reading Time: 03/25/2021 - 4:42 PM Member: Committee: Rules Version: __
Event: S Favorable by- Rules; YEAS 16 NAYS 1 -SJ 324 Time: 03/25/2021 - 12:55 PM Member: Committee: Rules Version: __
Event: S On Committee agenda-- Rules, 03/25/21, 9:00 am, 412 Knott Building Time: 03/22/2021 - 2:19 PM Member: Committee: Rules Version: __
Event: S On Committee agenda-- Rules, 03/18/21, 9:00 am, 412 Knott Building --Not Considered Time: 03/18/2021 - 1:05 PM Member: Committee: Rules Version: __
Event: S Now in Rules Time: 03/02/2021 - 6:17 PM Member: Committee: Rules Version: __
Event: S Favorable by Judiciary; YEAS 11 NAYS 0 -SJ 191 Time: 03/02/2021 - 3:56 PM Member: Committee: Judiciary Version: __
Event: S Introduced -SJ 89 Time: 03/02/2021 - 11:09 AM Member: Committee: Version: __
Event: S On Committee agenda-- Judiciary, 03/02/21, 1:30 pm, 412 Knott Building Time: 02/25/2021 - 2:23 PM Member: Committee: Judiciary Version: __
Event: S Now in Judiciary Time: 02/16/2021 - 4:55 PM Member: Committee: Judiciary Version: __
Event: S Favorable by Banking and Insurance; YEAS 11 NAYS 0 -SJ 177 Time: 02/16/2021 - 4:35 PM Member: Committee: Banking and Insurance Version: __
Event: S On Committee agenda-- Banking and Insurance, 02/16/21, 3:30 pm, 412 Knott Building Time: 02/08/2021 - 3:35 PM Member: Committee: Banking and Insurance Version: __
Event: S Referred to Banking and Insurance; Judiciary; Rules -SJ 89 Time: 01/28/2021 - 12:05 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 01/21/2021 - 4:49 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.610 HB 733