Washington D.C. Council Bill 240225 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on August 5 2021 - 100% progression
Action: 2021-10-08 - Law L24-0026, Effective from Sep 22, 2021 Published in DC Register Vol 68 and Page 010520
Text: Latest bill text (Enrolled) [PDF]

Law 24-26 would require insurers to file an annual report that describes the insurer’s corporate governance structure, policies, and practices. It would also grant rulemaking authority to the Commissioner of the Department of Insurance, Securities and Banking to implement the legislation. The Commissioner may also disclose information received pursuant to this act to the NAIC in reviewing the Corporate Governance Annual Disclosure and the Commissioner may also, among other things, enter into written agreements with the NAIC or a third-party consultant governing the sharing and use of information provided pursuant to this act.

Insurer Corporate Governance Annual Report Act of 2021

Cnc. Phil Mendelson [D]

2021-07-13 - Council - Final Reading, CC (Y: 13 N: 0 NV: 0 Abs: 0) [FAIL]
2021-07-13 - Council - Final Reading, CC (Y: 13 N: 0 NV: 0 Abs: 0) [FAIL]
2021-06-29 - Council - First Reading, CC (Y: 13 N: 0 NV: 0 Abs: 0) [FAIL]
2021-06-29 - Council - First Reading, CC (Y: 13 N: 0 NV: 0 Abs: 0) [FAIL]

Date	Chamber	Action
2021-10-08	Council	Law L24-0026, Effective from Sep 22, 2021 Published in DC Register Vol 68 and Page 010520
2021-08-13	Council	Act A24-0150 Published in DC Register Vol 68 and Page 007994
2021-08-10	Council	Transmitted to Congress
2021-08-06	Council	Returned from Mayor
2021-08-05	Council	Signed by the Mayor and Enacted with Act Number A24-0150
2021-07-23	Council	Transmitted to Mayor, Response Due on August 6, 2021
2021-07-13	Council	Final Reading, CC
2021-06-29	Council	First Reading, CC
2021-06-24	Council	Committee Report Filed
2021-06-16	Council	Committee Mark-up of B24-0225
2021-06-16	Council	Public Hearing Held
2021-06-15	Council	Notice of Public Hearing Published in the DC Register
2021-05-07	Council	Notice of Intent to Act on B24-0225 Published in the DC Register
2021-05-04	Council	Referred to Committee on Business and Economic Development
2021-04-23	Council	Introduced in Office of the Secretary

Type	Source
Summary	https://lims.dccouncil.gov/Legislation/B24-0225
Text	https://lims.dccouncil.gov/downloads/LIMS/47082/Introduction/B24-0225-Introduction.pdf
Text	https://lims.dccouncil.gov/downloads/LIMS/47082/Meeting1/Engrossment/B24-0225-Engrossment1.pdf
Text	https://lims.dccouncil.gov/downloads/LIMS/47082/Meeting2/Enrollment/B24-0225-Enrollment1.pdf
Roll Call	https://lims.dccouncil.gov/Legislation/B24-0225