VA SB1747 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 17 2019 - 25% progression, died in chamber
Action: 2019-01-31 - Incorporated by Commerce and Labor
Text: Latest bill text (Introduced) [HTML]

Summary

Insurance agents; continuing education requirements. Revises the timeline for completion of continuing education course information or waiver requirements by insurance agents to a schedule that is biennial, based on the agent's month and year of birth. Current law requires insurance agents to complete and submit proof of such requirements to the insurance continuing education board (the Board) by no later than December 31, or the next working day thereafter if December 31 falls on a weekend, of each even-numbered year. The measure provides a process by which insurance agents may request a waiver under particular extenuating circumstances and a process by which the Board may approve or disapprove such waiver application. The measure modifies the membership of the Board and the criteria for selection by the State Corporation Commission of the same. The bill has a delayed effective date of January 1, 2021. The measure contains technical amendments. The bill is incorporated into SB 1222. Insurance agents; continuing education requirements. Revises the timeline for completion of continuing education course information or waiver requirements by insurance agents to a schedule that is biennial, based on the agent's month and year of birth. Current law requires insurance agents to complete and submit proof of such requirements to the insurance continuing education board (the Board) by no later than December 31, or the next working day thereafter if December 31 falls on a weekend, of each even-numbered year. The measure provides a process by which insurance agents may request a waiver under particular extenuating circumstances and a process by which the Board may approve or disapprove such waiver application. The measure modifies the membership of the Board and the criteria for selection by the State Corporation Commission of the same. The bill has a delayed effective date of January 1, 2021. The measure contains technical amendments. The bill is incorporated into SB 1222.

Tracking Information

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Title

Insurance agents; continuing education requirements.

Sponsors


Roll Calls

2019-01-31 - Senate - Senate: Incorporated by Commerce and Labor (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-01-31SenateIncorporated by Commerce and Labor
2019-01-17SenateReferred to Committee on Commerce and Labor
2019-01-17SenatePresented and ordered printed 19104296D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3821867(n/a)See Bill Text
3821868.1(n/a)See Bill Text
3821869(n/a)See Bill Text
3821870(n/a)See Bill Text
3821871(n/a)See Bill Text
3821872(n/a)See Bill Text
3821873(n/a)See Bill Text

Virginia State Sources


Bill Comments

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