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SB 40 Delaware Senate · 149th General Assembly (2017-2018)

AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE COMPANY DISCLOSURE REQUIREMENTS.

Summary
This legislation adopts the NAIC’s Corporate Governance Annual Disclosure Model Act, and requires Delaware-domiciled insurers to provide to the Commissioner on an annual basis a summary of the insurer’s or insurance group’s corporate governance structures, policies and practices to permit the Commissioner to gain and maintain an understanding of the insurer’s corporate governance framework.
Bill status signed all 5 stages cleared
Introduction
Mar 2017
Committee Review
Jun 2017
Senate Passage
Apr 2017
House Passage
Jul 2017
Signed into Law
Aug 2017
Introduced Mar 23, 2017 Signed Aug 2, 2017
Floor votes · House Jul 2, 2017

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
9
Key actions
6
Committee
2
Amendments
2
Aug 2, 2017
Signed into law
Signed by Governor
executive
Jul 2, 2017
Lower · Passed
Passed By House. Votes: 41 YES
lower
Jun 7, 2017
Lower · Passed
Reported Out of Committee (Economic Development/Banking/Insurance/Commerce) in House with 9 On Its Merits
lower
Apr 26, 2017
Introduced
Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
lower
Apr 25, 2017
Upper · Passed
Passed By Senate. Votes: 18 YES 3 ABSENT
upper
Apr 25, 2017
Upper · Passed
Amendment SA 1 to SB 40 - Passed By Senate. Votes: 18 YES 3 ABSENT
upper
Apr 5, 2017
Upper · Passed
Reported Out of Committee (Banking, Business & Insurance) in Senate with 1 Favorable, 4 On Its Merits
upper
Apr 4, 2017
Introduced
Amendment SA 1 to SB 40 - Introduced and Placed With Bill
upper
Mar 23, 2017
Introduced
Introduced and Assigned to Banking, Business & Insurance Committee in Senate
upper
3 primary · 9 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
BJ
Brian J. Bushweller
DDemocratic
DE
17
P
BH
Bryon H. Short
DDemocratic
DE
7
P
Photo of Stephanie Bolden
Stephanie Bolden
DDemocratic
DE
2
Co
CC
Catherine Cloutier
RRepublican
DE
5
Co
Photo of Dave Wilson
Dave Wilson
RRepublican
DE
18
Co
Photo of Ed Osienski
Ed Osienski
DDemocratic
DE
24
Co
EB
Ernesto B. Lopez
RRepublican
DE
6
Co
Photo of Gerald Hocker
Gerald Hocker
RRepublican
DE
20
Co
JA
John A. Kowalko
DDemocratic
DE
25
Co
JL
John L. Mitchell
DDemocratic
DE
13
Co
RB
Ruth Briggs King
RRepublican
DE
37
Co
Photo of Sean Lynn
Sean Lynn
DDemocratic
DE
31