VA HB393 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 29 2016 - 100% progression
Action: 2016-03-29 - Governor: Acts of Assembly Chapter text (CHAP0552)
Text: Latest bill text (Chaptered) [HTML]

Summary

Insurance agencies; designated licensed producers. Requires that an insurance agency's designated licensed producer responsible for the agency's compliance with insurance laws and regulations be an employee, officer, or director of the agency. With respect to a business entity applying for certain types of a limited lines license, the licensed producer designated by the vendor or lessor is not required to be an employee, officer, or director of the vendor or lessor. Business entities acting as an insurance producer are required within 30 calendar days to report (i) the removal of the designated licensed producer responsible for the business entity's compliance with insurance laws, rules, and regulations and (ii) the name of the new designated licensed producer. The State Corporation Commission is authorized to terminate an insurance agency's license for failing to maintain such a designated licensed producer. The measure makes the designated licensed producer requirements uniform among various lines of insurance.

Tracking Information

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Title

Insurance agencies; designated licensed producers.

Sponsors


Roll Calls

2016-03-07 - House - House: VOTE: ADOPTION (94-Y 0-N) (Y: 97 N: 0 NV: 6 Abs: 0) [PASS]
2016-03-03 - Senate - Senate: Passed Senate with substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-03 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (36-Y 0-N) (Y: 36 N: 0 NV: 4 Abs: 0) [PASS]
2016-03-03 - Senate - Senate: Passed Senate with substitute (30-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2016-03-02 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-29 - Senate - Senate: Reported from Commerce and Labor with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2016-01-27 - House - House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (Y: 102 N: 0 NV: 1 Abs: 0) [PASS]
2016-01-21 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2016-03-29 Governor: Acts of Assembly Chapter text (CHAP0552)
2016-03-29 Governor: Approved by Governor-Chapter 552 (effective 7/1/16)
2016-03-11 Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
2016-03-11HouseEnrolled Bill communicated to Governor on 3/11/16
2016-03-10SenateSigned by President
2016-03-08HouseSigned by Speaker
2016-03-08HouseBill text as passed House and Senate (HB393ER)
2016-03-08HouseEnrolled
2016-03-07HouseVOTE: ADOPTION (94-Y 0-N)
2016-03-07HouseSenate substitute agreed to by House 16105644D-S1 (94-Y 0-N)
2016-03-04HousePlaced on Calendar
2016-03-03SenatePassed Senate with substitute (40-Y 0-N)
2016-03-03SenateReconsideration of Senate passage agreed to by Senate (36-Y 0-N)
2016-03-03SenatePassed Senate with substitute (30-Y 0-N)
2016-03-03SenateEngrossed by Senate - committee substitute HB393S1
2016-03-03SenateCommittee substitute agreed to 16105644D-S1
2016-03-03SenateReading of substitute waived
2016-03-03SenateRead third time
2016-03-02SenateConstitutional reading dispensed (40-Y 0-N)
2016-02-29SenateCommittee substitute printed 16105644D-S1
2016-02-29SenateReported from Commerce and Labor with substitute (14-Y 0-N)
2016-01-28SenateReferred to Committee on Commerce and Labor
2016-01-28SenateConstitutional reading dispensed
2016-01-27HouseVOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
2016-01-27HouseRead third time and passed House BLOCK VOTE (99-Y 0-N)
2016-01-26HouseRead second time and engrossed
2016-01-25HouseRead first time
2016-01-21HouseReported from Commerce and Labor (21-Y 0-N)
2016-01-06HouseReferred to Committee on Commerce and Labor
2016-01-06HousePrefiled and ordered printed; offered 01/13/16 16103423D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3821820(n/a)See Bill Text
3821825(n/a)See Bill Text
3821826(n/a)See Bill Text
3821838(n/a)See Bill Text
3821841(n/a)See Bill Text
3821845.2(n/a)See Bill Text
3821857.2(n/a)See Bill Text
3821865.1(n/a)See Bill Text
3821865.5(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB393
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB393+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB393S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB393ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+CHAP0552+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H14V0019+HB0393
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV0085+HB0393
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S02V0103+HB0393
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0784HB0393+HB0393
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0821HB0393+HB0393
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0822HB0393+HB0393
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0823HB0393+HB0393
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1220+HB0393

Bill Comments

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