HB 589-FN (1991): relative to holding companies.
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@misc{bill-1991-hb589, title = {HB 589-FN (1991): relative to holding companies.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1991/hb589}, note = {Accessed 24 Oct. 2026} }
HB 589-FN (1991)
relative to holding companies.
- Status: Signed into law
- Term: 1991-1992
- House committee: Commerce, Small Business and Consumer Affairs
- Senate committee: Insurance
- Subject: Miscellaneous
- Chapter law: 99
The Story
It was introduced on February 5, 1991 and referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on March 4, 1991. The majority of the committee recommended that the House pass it with changes unanimously, 16–0. On March 21, 1991 the House voted to pass it with changes on a voice vote. It crossed to the Senate on March 28, 1991 and was referred to the Senate Insurance committee. The committee held a public hearing on April 17, 1991. The committee recommended that the Senate pass it. On April 25, 1991 the Senate voted to pass it on a voice vote. The bill was enrolled on May 2, 1991 — the final check of the text before it goes to the governor. The governor signed it on May 13, 1991, making it Chapter 99 of the session laws. It took effect on January 1, 1992.
Sponsors
- Rep. Foss (Straf 10) (prime sponsor)
Hearings and Sessions
- March 4, 1991, 2:00 PM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
- April 17, 1991, 9:30 AM: hearing, Senate Insurance, RM212,LOB
Votes
- March 21, 1991, House: Ought to Pass with Amendment — voice vote, passed
- April 25, 1991, Senate: Ought to Pass — voice vote, passed
The Docket
- February 5, 1991: INTRODUCED AND REF TO COMMERCE; HJ23,P296
- February 11, 1991: IN SEAT POCKET ON FEB12 DUE ON MAR14
- March 4, 1991: HEARING MAR04 02:00 RM207,LOB FOR: COMMERCE
- March 19, 1991: MAJ REPORT OTP/AM FOR MAR21 (VOTE 16-0)
- March 20, 1991: PROP COMM AM; HC49,P1026-1027
- March 21, 1991: COMM AM, AA VV; PASSED WITH AM VV; HJ56,P1274-1275 + 1298
- March 28, 1991: INTRODUCED AND REF TO INSURANCE; SJ14,P210
- April 17, 1991: HEARING APR17 09:30 RM212,LOB FOR: INSURANCE
- April 24, 1991: COMM REPORT OTP APR25
- April 25, 1991: PASSED VV; SJ19,P261 + 266
- April 30, 1991: ENROLLED; HJ74,P1707
- May 2, 1991: ENROLLED; SJ21,P293
- May 13, 1991: SIGNED BY GOVERNOR 05/13/91 EFF: 01/01/92 CHAP.0099