Delaware House Bill 46

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Passed on May 25 2023 - 100% progression
Action: 2023-05-25 - Signed by Governor
Text: Latest bill text (Draft #1) [HTML]

This bill reflects the National Association of Insurance Commissioners revisions to the Model Credit for Reinsurance Act giving the Commissioner express regulatory authority to address the handling and treatment of reinsurance agreements entered into, directly or indirectly, with life and health insurer-affiliated captives, special purpose vehicles or similar entities, including the authority to promulgate model regulations adopted by the NAIC that are required for the Department to meet accreditation.

An Act To Amend Title 18 Of The Delaware Code Relating To Credit For Reinsurance.

Rep. William Bush [D]	Sen. Spiros Mantzavinos [D]	Rep. Paul Baumbach [D]	Rep. Stephanie Bolden [D]
Rep. Nnamdi Chukwuocha [D]	Sen. Jack Walsh [D]	Sen. David Wilson [R]

2023-05-11 - Senate - Senate Third Reading (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
2023-01-26 - House - House Third Reading (Y: 40 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2023-05-25		Signed by Governor
2023-05-11		Passed By Senate. Votes: 21 YES
2023-03-15		Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 8 On Its Merits
2023-01-26		Assigned to Banking, Business, Insurance & Technology Committee in Senate
2023-01-26		Passed By House. Votes: 40 YES 1 ABSENT
2023-01-18		Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 12 On Its Merits
2023-01-12		Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House

Type	Source
Summary	https://legis.delaware.gov/BillDetail?LegislationId=129931
Text	https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=129931&legislationTypeId=1&docTypeId=2&legislationName=HB46
Roll Call	https://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#54040
Roll Call	https://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#54398