SB 695 (1994): relative to the financial regulation of life and health insurers.

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“SB 695 (1994): relative to the financial regulation of life and health insurers.” Granite Record, https://graniterecord.org/bill/1994/sb695. Accessed 24 Oct. 2026.
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@misc{bill-1994-sb695, title = {SB 695 (1994): relative to the financial regulation of life and health insurers.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1994/sb695}, note = {Accessed 24 Oct. 2026} }

SB 695 (1994)

relative to the financial regulation of life and health insurers.

  • Status: Signed into law
  • Term: 1993-1994
  • House committee: Commerce, Small Business and Consumer Affairs
  • Senate committee: Insurance
  • Subject: Miscellaneous
  • Chapter law: 177

The Story

It was introduced on January 5, 1994 and referred to the Senate Insurance committee. The committee held a public hearing on January 20, 1994. The committee recommended that the Senate pass it. On February 3, 1994 the Senate voted to pass it on a voice vote. It crossed to the House on February 15, 1994 and was referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on March 23, 1994. The majority of the committee recommended that the House pass it by a vote of 13–1, and the report was placed on the consent calendar. On April 28, 1994 the House voted to pass it. The bill was enrolled on May 11, 1994 — the final check of the text before it goes to the governor. The governor signed it on May 23, 1994, making it Chapter 177 of the session laws. It took effect on January 1, 1994.

Sponsors

  • Sen. Fraser (SD4) (prime sponsor)

Hearings and Sessions

  • January 20, 1994, 10:30 AM: hearing, Senate Insurance, RM101,LOB
  • March 23, 1994, 10:00 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB

Votes

  • February 3, 1994, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 5, 1994: INTRODUCED AND REF TO INSURANCE; SJ1,P18
  • January 20, 1994: HEARING JAN20 10:30 RM101,LOB FOR: INSURANCE
  • February 2, 1994: COMM REPORT OTP FEB03
  • February 3, 1994: PASSED VV; SJ3,P66 + 78
  • February 15, 1994: INTRODUCED AND REF TO COMMERCE; HJ26,P756
  • February 15, 1994: IN SEAT POCKET ON 02/15/94 DUE ON 04/28/94
  • March 23, 1994: HEARING MAR23 10:00 RM207,LOB FOR: COMMERCE
  • April 19, 1994: MAJ REPORT OTP FOR APR28 (VOTE 13-1;CC)
  • April 28, 1994: PASSED; HJ58,P1852 + 1859
  • May 10, 1994: ENROLLED; SJ15,P405
  • May 11, 1994: ENROLLED; HJ67,P2088
  • May 23, 1994: SIGNED BY GOVERNOR 05/23/94 EFF: 01/01/94* CHAP.0177

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