IN HB1024 | 2016 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 2)
Status: Engrossed on January 29 2016 - 50% progression, died in committee
Action: 2016-02-03 - First reading: referred to Committee on Insurance & Financial Institutions
Pending: Senate Insurance & Financial Institutions Committee
Text: Latest bill text (Amended) [PDF]
Status: Engrossed on January 29 2016 - 50% progression, died in committee
Action: 2016-02-03 - First reading: referred to Committee on Insurance & Financial Institutions
Pending: Senate Insurance & Financial Institutions Committee
Text: Latest bill text (Amended) [PDF]
Summary
Political subdivision risk management. Requires the Indiana Public Employer's Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic mutual insurance company. Provides that, upon receiving the certificate of authority and beginning to transact business as a domestic mutual insurance company, the domestic mutual insurance company succeeds to all powers, duties, agreements, and liabilities of IPEP. Provides that, on January 1, 2017, (unless IPEP fails to begin operating as a domestic mutual insurance company under a certificate of authority issued by the insurance commissioner by that
Title
Political subdivision risk management. Requires the Indiana Public Employer's Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic mutual insurance company. Provides that, upon receiving the certificate of authority and beginning to transact business as a domestic mutual insurance company, the domestic mutual insurance company succeeds to all powers, duties, agreements, and liabilities of IPEP. Provides that, on January 1, 2017, (unless IPEP fails to begin operating as a domestic mutual insurance company under a certificate of authority issued by the insurance commissioner by that
Sponsors
Roll Calls
2016-01-28 - House - House - Third reading (Y: 73 N: 20 NV: 3 Abs: 4) [PASS]
2016-01-20 - House - House - Committee Vote (Y: 9 N: 0 NV: 0 Abs: 4) [PASS]
2016-01-20 - House - House - Committee Vote (Y: 9 N: 0 NV: 0 Abs: 4) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-03 | Senate | First reading: referred to Committee on Insurance & Financial Institutions |
| 2016-01-29 | House | Referred to the Senate |
| 2016-01-28 | House | Senate sponsor: Senator Holdman |
| 2016-01-28 | House | Third reading: passed; Roll Call 72: yeas 73, nays 20 |
| 2016-01-25 | House | Second reading: ordered engrossed |
| 2016-01-21 | House | Committee report: do pass, adopted |
| 2016-01-05 | House | First reading: referred to Committee on Insurance |
| 2016-01-05 | House | Authored by Representative Torr |
