SB 66 (2023): relative to financial transactions involving the liquidation or rehabilitation of an insurer in which the Federal Home Loan Bank is a party.
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- MLA
- “SB 66 (2023): relative to financial transactions involving the liquidation or rehabilitation of an insurer in which the Federal Home Loan Bank is a party.” Granite Record, https://graniterecord.org/bill/2023/sb66. Accessed 24 Oct. 2026.
- APA
- Granite Record. (n.d.). SB 66 (2023): relative to financial transactions involving the liquidation or rehabilitation of an insurer in which the Federal Home Loan Bank is a party. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2023/sb66
- Chicago
- Granite Record. “SB 66 (2023): relative to financial transactions involving the liquidation or rehabilitation of an insurer in which the Federal Home Loan Bank is a party.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2023/sb66.
- BibTeX
@misc{bill-2023-sb66, title = {SB 66 (2023): relative to financial transactions involving the liquidation or rehabilitation of an insurer in which the Federal Home Loan Bank is a party.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2023/sb66}, note = {Accessed 24 Oct. 2026} }
SB 66 (2023)
relative to financial transactions involving the liquidation or rehabilitation of an insurer in which the Federal Home Loan Bank is a party.
- Status: Signed into law
- Term: 2023-2024
- House committee: Commerce and Consumer Affairs
- Senate committee: Commerce
- Subject: Miscellaneous
- Chapter law: 156
The Story
It was introduced on January 5, 2023 and referred to the Senate Commerce committee. The committee held a public hearing on January 31, 2023. The committee voted unanimously, 5–0, to recommend that the Senate pass it, and the report was placed on the consent calendar. On February 9, 2023 the Senate voted to pass it on a voice vote and ordered it to a third reading. It crossed to the House on March 16, 2023 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 26, 2023. The committee met in executive session on May 10, 2023 to vote on its recommendation. The committee voted unanimously, 18–0, to recommend that the House pass it, and the report was placed on the consent calendar. On June 8, 2023 the House voted to pass it on a voice vote. The bill was enrolled on June 29, 2023 — the final check of the text before it goes to the governor. The governor signed it on July 28, 2023, making it Chapter 156 of the session laws. It took effect on January 1, 2024.
Sponsors
- Sen. Bill Gannon (R - SD23) (prime sponsor)
- Sen. Donna Soucy (D - SD18)
- Rep. John Hunt (R - Ches 14)
- Rep. Joe Sweeney (R - Rock 25)
Hearings and Sessions
- January 31, 2023, 9:00 AM: hearing, Senate Commerce, SH 100
- April 26, 2023, 11:00 AM: public hearing, House Commerce and Consumer Affairs, LOB 302-304
- May 10, 2023, 10:00 AM: executive session, House Commerce and Consumer Affairs, LOB 302-304
Votes
- February 9, 2023, Senate: Ought to Pass — voice vote, passed
- June 8, 2023, House: Ought to Pass — voice vote, passed
The Docket
- January 5, 2023: Introduced 01/05/2023 and Referred to Commerce
- January 31, 2023: Hearing: 01/31/2023, Room 100, SH, 09:00 am
- February 9, 2023: Committee Report: Ought to Pass, 02/09/2023; Vote 5-0; CC
- February 9, 2023: Ought to Pass : MA, VV; OT3rdg; 02/09/2023
- March 16, 2023: Introduced (in recess of) 03/16/2023 and referred to Commerce and Consumer Affairs
- April 26, 2023: Public Hearing: 04/26/2023 11:00 am LOB 302-304
- May 10, 2023: Executive Session: 05/10/2023 10:00 am LOB 302-304
- May 10, 2023: Committee Report: Ought to Pass 05/10/2023 (Vote 18-0; CC)
- June 8, 2023: Ought to Pass : MA VV 06/08/2023
- June 29, 2023: Enrolled Adopted, VV, (In recess 06/29/2023)
- June 29, 2023: Enrolled (in recess of) 06/29/2023
- July 28, 2023: Signed by the Governor on 07/28/2023; Chapter 0156; Effective 01/01/2024