Delaware House Bill 334 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Enrolled on June 20 2018 - 75% progression, died in chamber
Action: 2018-06-20 - Passed By Senate. Votes: 20 YES 1 ABSENT
Text: Latest bill text (Draft #1) [HTML]

This Act authorizes the Insurance Commissioner to issue conditional certificates of authority to captive insurance company applicants, which authorizes the captive insurance company applicant to conduct business while the Insurance Commissioner completes the review of the application materials. Conditional certificates of authority will be issued only upon receipt of evidence of the minimum capital and surplus required by Chapter 69 and a certification from the captive owner that the application materials comply with the requirements of Chapter 69. A captive insurance company granted a conditional certificate of authority must pay the Insurance Commissioner a fee of $100.

An Act To Amend Title 18 Of The Delaware Code Relating To Captive Insurance.

Sen. Charles Paradee [D]

Sen. Brian Bushweller [D]

Sen. Bruce Ennis [D]

Rep. Jeffrey Spiegelman [R]

2018-06-20 - Senate - Senate Third Reading (Y: 20 N: 0 NV: 0 Abs: 1) [PASS]
2018-05-01 - House - House Third Reading (Y: 40 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2018-06-20		Passed By Senate. Votes: 20 YES 1 ABSENT
2018-06-06		Reported Out of Committee (Banking, Business & Insurance) in Senate with 3 On Its Merits
2018-05-03		Assigned to Banking, Business & Insurance Committee in Senate
2018-05-01		Passed By House. Votes: 40 YES 1 NOT VOTING
2018-03-28		Reported Out of Committee (Economic Development/Banking/Insurance/Commerce) in House with 8 On Its Merits
2018-03-13		Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

Type	Source
Summary	http://legis.delaware.gov/BillDetail?LegislationId=26359
Text	http://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=26359&legislationTypeId=1&docTypeId=2&legislationName=HB334
Roll Call	http://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#29571
Roll Call	http://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#29943