Public Participate Review Acquire Control Insurer
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
| Subjects |
Concerning public participation in the review by the commissioner of insurance of the acquisition of control of an insurer that offers health plans, and, in connection therewith, making an appropriation.
Bill Summary:
Current law requires an opportunity for public notice and a hearing for proposed transactions that would result in the acquisition of control of a domestic insurer, which is one that is incorporated or formed pursuant to Colorado law. Section 1 of the bill expands the public notice for acquisition of a domestic insurer that offers health plans by requiring the commissioner of insurance to make certain information available for public inspection if the application presents prima facie evidence of a violation of the competitive standards established by law. Section 2 appropriates $9,505 from the division of insurance cash fund, which is reappropriated to the department of law for implementation of the act along with 0.1 FTE.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 05/02/2017 | SA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-198 to the Committee of the Whole. | The motion passed on a vote of 10-3. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-198 to the Committee on Appropriations. | The motion passed on a vote of 12-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.004. | The motion passed without objection. | Vote summary |
| Adopt amendment L.005. | The motion failed on a vote of 2-5. | Vote summary |
| Refer Senate Bill 17-198, as amended, to the Committee on Appropriations. | The motion passed on a vote of 5-2. | Vote summary |
| Activity | Vote | Documents |
|---|
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/03/2017 | Third Reading | BILL |
44
AYE
19
NO
2
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/12/2017 | Third Reading | BILL |
24
AYE
11
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 06/02/2017 | Governor | Governor Signed |
| 05/18/2017 | Governor | Sent to the Governor |
| 05/18/2017 | House | Signed by the Speaker of the House |
| 05/18/2017 | Senate | Signed by the President of the Senate |
| 05/03/2017 | House | House Third Reading Passed - No Amendments |
| 05/02/2017 | House | House Second Reading Special Order - Passed - No Amendments |
| 05/02/2017 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 04/27/2017 | House | House Committee on Business Affairs and Labor Refer Unamended to Appropriations |
| 04/12/2017 | House | Introduced In House - Assigned to Business Affairs and Labor |
| 04/12/2017 | Senate | Senate Third Reading Passed - No Amendments |
| 04/11/2017 | Senate | Senate Second Reading Passed with Amendments - Committee |
| 04/10/2017 | Senate | Senate Second Reading Laid Over Daily - No Amendments |
| 04/06/2017 | Senate | Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole |
| 03/22/2017 | Senate | Senate Committee on Business, Labor, & Technology Refer Amended to Appropriations |
| 02/28/2017 | Senate | Senate Committee on Business, Labor, & Technology Witness Testimony and/or Committee Discussion Only |
| 02/17/2017 | Senate | Introduced In Senate - Assigned to Business, Labor, & Technology |
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 06/02/2017 | 300 | Public Participate Review Acquire Control Insurer |