GA HB294 | 2023-2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Passed on May 1 2023 - 100% progression
Action: 2023-05-01 - Effective Date 2023-05-01
Text: Latest bill text (Enrolled) [PDF]

Summary

A BILL to be entitled an Act to amend Article 3 of Chapter 37 of Title 33 of the O.C.G.A., relating to procedure for rehabilitation, so as to provide for the administration of contracts reinsuring life, disability income or long-term care policies or annuities issued by a ceding insurer that has been placed into liquidation; to provide for the Georgia Life and Health Insurance Guaranty Association to elect to assume the rights and obligations of a ceding insurer; to provide for duties, rights, and obligations of such association, the reinsurer, and the receiver; to provide for time restrictions for certain actions; to provide for mandatory negotiation; to provide for arbitration; to provide for construction; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Insurance; administration of certain rehabilitation policies by a ceding insurer placed into liquidation; provisions

Sponsors


Roll Calls

2023-03-29 - House - Agree To Senate Substitute: House Vote #385 (Y: 167 N: 0 NV: 8 Abs: 4) [PASS]
2023-03-29 - Senate - Passage By Substitute: Senate Vote #380 (Y: 49 N: 0 NV: 2 Abs: 5) [PASS]
2023-02-21 - House - Passage: House Vote #57 (Y: 174 N: 0 NV: 3 Abs: 1) [PASS]

History

DateChamberAction
2023-05-01 Effective Date 2023-05-01
2023-05-01 Act 64
2023-05-01HouseHouse Date Signed by Governor
2023-04-05HouseHouse Sent to Governor
2023-03-29HouseHouse Agreed Senate Amend or Sub
2023-03-29SenateSenate Passed/Adopted By Substitute
2023-03-29SenateSenate Third Read
2023-03-29SenateSenate Taken from Table
2023-03-27SenateSenate Tabled
2023-03-20SenateSenate Read Second Time
2023-03-16SenateSenate Committee Favorably Reported By Substitute
2023-02-22SenateSenate Read and Referred
2023-02-21HouseHouse Passed/Adopted
2023-02-21HouseHouse Third Readers
2023-02-14HouseHouse Committee Favorably Reported
2023-02-13HouseHouse Second Readers
2023-02-09HouseHouse First Readers
2023-02-08HouseHouse Hopper

Georgia State Sources


Bill Comments

feedback