MS HB323 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 15 2019 - 100% progression
Action: 2019-03-15 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Amend Section 83-5-102, Mississippi Code Of 1972, To Revise Definitions Of Certain Terms Used In The Sections Of Law Requiring An Audit Of Insurers; To Amend Section 83-5-119, Mississippi Code Of 1972, To Provide That The Audit Committee Of An Insurer Shall Be Responsible For Overseeing The Insurer's Internal Audit Function; To Create Section 83-5-120, Mississippi Code Of 1972, To Require Insurers To Establish An Internal Audit Function Providing Independent, Objective And Reasonable Assurance To The Audit Committee And Insurer Management Regarding The Insurer's Governance, Risk Management And Internal Controls; And For Related Purposes.

Tracking Information

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Title

Insurance companies; require to establish an internal audit function.

Sponsors


Roll Calls

2019-03-06 - Senate - Senate Passed (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-29 - House - House Passed (Y: 110 N: 4 NV: 5 Abs: 0) [PASS]

History

DateChamberAction
2019-03-15 Approved by Governor
2019-03-11SenateEnrolled Bill Signed
2019-03-08HouseEnrolled Bill Signed
2019-03-07SenateReturned For Enrolling
2019-03-06SenatePassed
2019-03-05SenateTitle Suff Do Pass
2019-03-04SenateDR - TSDP: IN To AC
2019-02-25SenateReferred To Insurance;Accountability, Efficiency, Transparency
2019-01-30HouseTransmitted To Senate
2019-01-29HousePassed
2019-01-22HouseTitle Suff Do Pass
2019-01-14HouseReferred To Insurance

Mississippi State Sources


Bill Comments

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