HB225 Alabama 2013 Session
Summary
- Primary Sponsor
-
David Sessions SenatorRepublican - Co-Sponsors
- Elaine BeechKen JohnsonMike HillJoe FaustVictor GastonGreg WrenSteve McMillanJames E. BuskeyGreg BurdineRandy DavisRichard J. LairdChad FincherHarry ShiverJamie IsonNapoleon BracyPebblin W. WarrenJim BartonJay LoveK.L. BrownRod ScottAlan BakerJim PattersonMike MillicanWayne Johnson
- Session
- Regular Session 2013
- Title
- Insurance, out-of-state insurers, investments, cash equivalents exempted from quality and diversity requirements, Sec. 27-41-39 am'd.
- Description
Under existing law, the investments of foreign and alien insurers are required to be of a quality and diversity substantially equivalent to the quality and diversity required of domestic insurers.
This bill would provide an exception to the quality and diversity of investments requirement for foreign and alien insurers for cash equivalents.
- Subjects
- Insurance
Bill Actions
Delivered to Governor at 12:20 p.m. on May 7, 2013.
Assigned Act No. 2013-197.
Clerk of the House Certification
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 801
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Banking and Insurance
Motion to Read a Third Time and Pass adopted Roll Call 336
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Insurance
Bill Text
Votes
Motion to Read a Third Time and Pass
Documents
Source: Alabama Legislature