SB 137-FN (1995): creating an interstate insurance receivership compact.

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@misc{bill-1995-sb137, title = {SB 137-FN (1995): creating an interstate insurance receivership compact.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1995/sb137}, note = {Accessed 24 Oct. 2026} }

SB 137-FN (1995)

creating an interstate insurance receivership compact.

  • Status: Signed into law
  • Term: 1995-1996
  • House committee: Commerce, Small Business, Consumer Affairs and Economic Development
  • Senate committee: Insurance
  • Subject: Miscellaneous
  • Chapter law: 148

The Story

It was introduced on January 5, 1995 and referred to the Senate Insurance committee. The committee recommended that the Senate pass it with changes. On February 21, 1995 the Senate voted to pass it with changes, then referred it on to the Senate Finance committee. The committee recommended that the Senate pass it. On April 6, 1995 the Senate voted to pass it on a voice vote. It crossed to the House on April 11, 1995 and was referred to the House Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held a public hearing on April 18, 1995. The committee held a work session on April 25, 1995. The majority of the committee recommended that the House pass it unanimously, 17–0, and the report was placed on the consent calendar. On May 2, 1995 the House voted to pass it. The bill was enrolled on May 16, 1995 — the final check of the text before it goes to the governor. The governor signed it on May 24, 1995, making it Chapter 148 of the session laws. It took effect on July 23, 1995.

Sponsors

  • Sen. Fraser (SD4) (prime sponsor)

Hearings and Sessions

  • February 15, 1995, 11:30 AM: hearing, Senate Insurance, RM101,LOB
  • April 18, 1995, 10:45 AM: hearing, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • April 25, 1995, 11:00 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB

Votes

  • April 6, 1995, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 5, 1995: INTRODUCED AND REF TO INSURANCE; SJ2,P31
  • January 26, 1995: <NOTE TIME CHANGE> HEARING FEB15 11:30 RM101,LOB FOR: INSURAN
  • February 17, 1995: COMM REPORT OTP/AM FEB21
  • February 17, 1995: PROP COMM AM<1371>; SC14,P7-17
  • February 21, 1995: COMM AM, AA VV; PASSED WITH AM AND REF TO FINANCE; SJ6,P61-70
  • April 5, 1995: FIN COMM REPORT OTP APR06
  • April 6, 1995: PASSED VV; SJ12,P205 + 215
  • April 11, 1995: INTRODUCED AND REF TO COMMERCE; HJ55,P1536
  • April 12, 1995: COPY TO CHAIRMAN ON 04/12/95 DUE ON 04/26/95
  • April 18, 1995: HEARING APR18 10:45 RM302,LOB FOR: COMMERCE
  • April 25, 1995: SUBCOM WORK SESSION APR25 11:00 RM302,LOB FOR: COMMERCE
  • April 26, 1995: MAJ REPORT OTP FOR MAY02 (VOTE 17-0;CC)
  • May 2, 1995: PASSED; HJ63,P1752 + 1780
  • May 11, 1995: ENROLLED; SJ19,P356
  • May 16, 1995: ENROLLED; HJ68,P1892
  • May 24, 1995: SIGNED BY GOVERNOR 05/24/95 EFF: 07/23/95 CHAP.0148

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