SB 32 (1995): relative to risk-based capital for insurers.

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SB 32 (1995)

relative to risk-based capital for insurers.

Status: Signed into law
Term: 1995-1996
House committee: Commerce, Small Business, Consumer Affairs and Economic Development
Senate committee: Insurance
Subject: Miscellaneous
Chapter law: 113

The Story

It was introduced on January 5, 1995 and referred to the Senate Insurance committee. The committee held a public hearing on February 1, 1995. The committee recommended that the Senate pass it. On February 7, 1995 the Senate voted to pass it on a voice vote. It crossed to the House on February 9, 1995 and was referred to the House Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held a public hearing on March 23, 1995. The committee held work sessions on April 11, 1995 and April 18, 1995. The majority of the committee recommended that the House pass it unanimously, 16–0, and the report was placed on the consent calendar. On April 25, 1995 the House voted to pass it. The bill was enrolled on May 9, 1995 — the final check of the text before it goes to the governor. The governor signed it on May 16, 1995, making it Chapter 113 of the session laws. It took effect on July 15, 1995.

Hearings and Sessions

February 1, 1995, 11:40 AM: hearing, Senate Insurance, RM101,LOB
March 23, 1995, 10:00 AM: hearing, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
April 11, 1995, 11:15 AM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
April 18, 1995, 1:30 PM: subcommittee work session, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB

Votes

February 7, 1995, Senate: Ought to Pass — voice vote, passed

The Docket

January 5, 1995: INTRODUCED AND REF TO INSURANCE; SJ2,P24
February 1, 1995: HEARING FEB01 11:40 RM101,LOB FOR: INSURANCE
February 2, 1995: COMM REPORT OTP FEB07
February 7, 1995: PASSED VV; SJ3,P40 + 42
February 9, 1995: INTRODUCED AND REF TO COMMERCE; HJ25,P524
February 14, 1995: COPY TO CHAIRMAN ON 02/14/95 DUE ON 05/03/95
March 23, 1995: HEARING MAR23 10:00 RM302,LOB FOR: COMMERCE
April 11, 1995: SUBCOM WORK SESSION APR11 11:15 RM302,LOB FOR: COMMERCE
April 18, 1995: SUBCOM WORK SESSION APR18 01:30 RM302,LOB FOR: COMMERCE
April 20, 1995: MAJ REPORT OTP FOR APR25 (VOTE 16-0;CC)
April 25, 1995: PASSED; HJ59,P1633 + 1646
May 4, 1995: ENROLLED; SJ18,P328
May 9, 1995: ENROLLED; HJ66,P1859
May 16, 1995: SIGNED BY GOVERNOR 05/16/95 EFF: 07/15/95 CHAP.0113

Laws It Would Change

RSA 404-F