VA HB2102 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 20 2017 - 100% progression
Action: 2017-03-20 - Governor: Acts of Assembly Chapter text (CHAP0643)
Text: Latest bill text (Chaptered) [HTML]

Summary

Insurance regulation; corporate governance annual Insurance regulation; corporate governance annual disclosures. Requires each insurer domiciled in the Commonwealth, or the insurance group of which the insurer is a member, to submit to the State Corporation Commission (SCC) a Corporate Governance Annual Disclosure (CGAD). The CGAD is a confidential report containing material information related to an insurer or insurance group's internal operations that permits the SCC to gain an understanding of the insurer's or insurance group's corporate governance structure, policies, and practices,. The measure sets out requirements for completing and submitting a CGAD with the SCC and provides for the confidential treatment of the CGAD and related information. The measure has a delayed effective date of January 1, 2018.

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 regulation; corporate governance annual disclosures.

Sponsors


Roll Calls

2017-02-16 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2017-02-15 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-13 - Senate - Senate: Reported from Commerce and Labor (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2017-01-30 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 98 N: 0 NV: 1 Abs: 0) [PASS]
2017-01-24 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-03-20 Governor: Acts of Assembly Chapter text (CHAP0643)
2017-03-20 Governor: Approved by Governor-Chapter 643 (effective 1/1/18)
2017-02-21 Governor: Governor's Action Deadline Midnight, March 27, 2017
2017-02-21HouseEnrolled Bill communicated to Governor on 2/21/17
2017-02-21SenateSigned by President
2017-02-20HouseSigned by Speaker
2017-02-20HouseBill text as passed House and Senate (HB2102ER)
2017-02-20HouseEnrolled
2017-02-16SenatePassed Senate (40-Y 0-N)
2017-02-16SenateReconsideration of Senate passage agreed to by Senate (40-Y 0-N)
2017-02-16SenatePassed Senate (39-Y 0-N)
2017-02-16SenateRead third time
2017-02-15SenateConstitutional reading dispensed (40-Y 0-N)
2017-02-13SenateReported from Commerce and Labor (13-Y 0-N)
2017-01-31SenateReferred to Committee on Commerce and Labor
2017-01-31SenateConstitutional reading dispensed
2017-01-30HouseVOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
2017-01-30HouseRead third time and passed House BLOCK VOTE (98-Y 0-N)
2017-01-27HouseRead second time and engrossed
2017-01-26HouseRead first time
2017-01-24HouseReported from Commerce and Labor (21-Y 0-N)
2017-01-10HouseReferred to Committee on Commerce and Labor
2017-01-10HousePrefiled and ordered printed; offered 01/11/17 17101534D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
3821005.1:7(n/a)See Bill Text
3821334.11(n/a)See Bill Text
3821334.17(n/a)See Bill Text
3821339(n/a)See Bill Text
3821342(n/a)See Bill Text
3824319(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+HB2102
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB2102+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB2102ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+CHAP0643+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+H14V0046+HB2102
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+HV1702+HB2102
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+S02V0117+HB2102
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0554HB2102+HB2102
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0597HB2102+HB2102
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0598HB2102+HB2102
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?171+vot+SV0599HB2102+HB2102

Bill Comments

feedback