Credit for Reinsurance
Summary
Credit for Reinsurance; Transferring specified authority and duties relating to credit for reinsurance from the Commissioner of Insurance to the Office of Insurance Regulation; revising the attorney designation requirement in reinsurance agreements with certain assuming insurers under certain circumstances; specifying requirements for assuming insurers and reinsurance agreements; authorizing a ceding insurer or its representative that is subject to rehabilitation, liquidation, or conservation to seek a certain court order; providing construction, etc.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2021
Committee Review
Apr 2021
Senate Passage
Apr 2021
House Passage
Apr 2021
Signed into Law
Jun 2021
Introduced Mar 2, 2021
Signed Jun 16, 2021
Floor votes · Senate Apr 1, 2021 · House Apr 14, 2021
How they voted
34–1
Passed
Total votes 35
Apr 1, 2021
D
Democratic15
93% Yea
R
Republican20
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
33
Key actions
10
Committee
9
Jun 16, 2021
Signed into law
Approved by Governor
legislature
Apr 14, 2021
Lower · Passed
Passed; YEAS 118, NAYS 0
lower
Apr 8, 2021
Committee
Bill referred to House Calendar
lower
Apr 1, 2021
Upper · Passed
Passed; YEAS 38 NAYS 1
upper
Mar 25, 2021
Upper · Passed
Favorable by- Rules; YEAS 16 NAYS 1
upper
Mar 22, 2021
Upper · Passed
On Committee agenda-- Rules, 03/25/21, 9:00 am, 412 Knott Building
upper
Mar 18, 2021
Upper · Passed
On Committee agenda-- Rules, 03/18/21, 9:00 am, 412 Knott Building --Not Considered
upper
Mar 2, 2021
Upper · Passed
Favorable by Judiciary; YEAS 11 NAYS 0
upper
Mar 2, 2021
Introduced
Introduced
upper
Feb 25, 2021
Upper · Passed
On Committee agenda-- Judiciary, 03/02/21, 1:30 pm, 412 Knott Building
upper
Feb 16, 2021
Upper · Passed
Favorable by Banking and Insurance; YEAS 11 NAYS 0
upper
Feb 8, 2021
Upper · Passed
On Committee agenda-- Banking and Insurance, 02/16/21, 3:30 pm, 412 Knott Building
upper
Jan 28, 2021
Committee
Referred to Banking and Insurance; Judiciary; Rules
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Doug Broxson
RRepublican
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