AL HB78 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 10 2022 - 100% progression
Action: 2022-03-10 - Delivered to Governor at 9:30 a.m. on March 10, 2022.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 10 2022 - 100% progression
Action: 2022-03-10 - Delivered to Governor at 9:30 a.m. on March 10, 2022.
Text: Latest bill text (Enrolled) [PDF]
Summary
Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 am'd.
Title
Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 am'd.
Sponsors
| Rep. Kerry Rich [R] |
Roll Calls
2022-03-09 - Senate - Motion to Read a Third Time and Pass Roll Call 511 (Y: 29 N: 0 NV: 0 Abs: 6) [PASS]
2022-03-09 - Senate - SBIR: Shelnutt motion to Adopt Roll Call 510 (Y: 28 N: 0 NV: 0 Abs: 7) [PASS]
2022-02-16 - House - Motion to Read a Third Time and Pass Roll Call 218 (Y: 102 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-16 - House - Motion to Adopt Roll Call 217 (Y: 102 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-16 - House - HBIR: Rich motion to Adopt Roll Call 216 (Y: 102 N: 0 NV: 0 Abs: 1) [PASS]
2022-03-09 - Senate - SBIR: Shelnutt motion to Adopt Roll Call 510 (Y: 28 N: 0 NV: 0 Abs: 7) [PASS]
2022-02-16 - House - Motion to Read a Third Time and Pass Roll Call 218 (Y: 102 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-16 - House - Motion to Adopt Roll Call 217 (Y: 102 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-16 - House - HBIR: Rich motion to Adopt Roll Call 216 (Y: 102 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-10 | House | Delivered to Governor at 9:30 a.m. on March 10, 2022. |
| 2022-03-10 | House | Assigned Act No. 2022-151. |
| 2022-03-10 | House | Clerk of the House Certification |
| 2022-03-10 | Senate | Signature Requested |
| 2022-03-09 | House | Enrolled |
| 2022-03-09 | House | Passed Second House |
| 2022-03-09 | Senate | Motion to Read a Third Time and Pass adopted Roll Call 511 |
| 2022-03-09 | Senate | Third Reading Passed |
| 2022-02-23 | Senate | Read for the second time and placed on the calendar |
| 2022-02-17 | Senate | Read for the first time and referred to the Senate committee on Banking and Insurance |
| 2022-02-16 | House | Engrossed |
| 2022-02-16 | House | Motion to Read a Third Time and Pass adopted Roll Call 218 |
| 2022-02-16 | House | Motion to Adopt adopted Roll Call 217 |
| 2022-02-16 | House | Insurance Amendment Offered |
| 2022-02-16 | House | Third Reading Passed |
| 2022-02-09 | House | Read for the second time and placed on the calendar 1 amendment |
| 2022-01-11 | House | Read for the first time and referred to the House of Representatives committee on Insurance |
Same As/Similar To
SB166 (Same As) 2022-02-02 - Read for the first time and referred to the Senate committee on Banking and Insurance
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 27 | 15 | 28.2 | Amended Code | See Bill Text |
| 27 | 29 | 1 | Amended Code | See Bill Text |
| 27 | 29 | 3 | Amended Code | See Bill Text |
| 27 | 29 | 4 | Amended Code | See Bill Text |
| 27 | 29 | 7 | Amended Code | See Bill Text |
| 27 | 36A | 20 | Amended Code | See Bill Text |
