Relating to regulation of certain business entities.
Summary
Requires insurers, fraternal benefit societies and certain nonprofit corporations to apply to and obtain from Secretary of State authorization to transact business in this state. Specifies effect of failing to obtain authorization. Requires insurer, fraternal benefit society or nonprofit corporation to maintain registered agent and registered office in this state. ] Permits plaintiff to recover greater of $5,000 or actual damages in cause of action that arises out of business or transaction with insurer, fraternal benefit society or nonprofit corporation that has not obtained authorization to transact business in state. Permits Secretary of State to impose civil penalty of not more than $1,000 for failure to obtain authorization to transact business in this state. ] Imposes public safety assessment on covered entities. Establishes Public Safety Assessment Fund. Transfers revenues to fund. Applies to calendar years beginning on or after January 1, 2019. ] Takes effect on 91st day following adjournment sine die. ] Provides that debt collector engages in unlawful collection practice if debt collector is debt buyer, or is acting on debt buyer's behalf, and collects or attempts to collect purchased debt before providing to debtor, within 30 days after date of debtor's request, certain documents that establish nature and amount of debt.
Bill status
signed
all 4 stages cleared
Introduction
Feb 2018
Committee Review
Mar 2018
Senate Passage
Mar 2018
Signed into Law
Apr 2018
Introduced Feb 5, 2018
Signed Apr 3, 2018
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
18
Key actions
7
Committee
4
Apr 3, 2018
Signed into law
Governor signed.
legislature
Mar 7, 2018
Legislature · Passed
Speaker signed.
legislature
Mar 6, 2018
Legislature · Passed
President signed.
legislature
Mar 4, 2018
Legislature · Passed
Rules suspended. Third reading. Carried by Holvey. Passed.
legislature
Mar 3, 2018
Legislature · Passed
Recommendation: Do pass.
legislature
Mar 3, 2018
Committee
Referred to Rules.
legislature
Mar 3, 2018
Introduced
First reading. Referred to Speaker's desk.
legislature
Mar 2, 2018
Legislature · Passed
Rules suspended. Third reading. Carried by Boquist. Passed.
legislature
Mar 2, 2018
Legislature · Passed
Recommendation: Do pass with amendments. (Printed A-Eng.) Amdendments distributed.
legislature
Feb 5, 2018
Committee
Referred to Finance and Revenue.
legislature
Feb 5, 2018
Introduced
Introduction and first reading. Referred to President's desk.
legislature
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
BB
Brian Boquist
IIndependent
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