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h_hie_2017a_2017-04-27t13:34:48z0 Hearing Summary

Date: 04/27/2017

Location: HCR 0107

Final

BILL SUMMARY for SB17-249



HOUSE COMMITTEE ON HEALTH, INSURANCE, & ENVIRONMENT


Votes: View--> Action Taken:
Adopt amendment L.004 (Attachment A) to Senate Bil

Adopt amendment L.005 (Attachment B) to Senate Bil

Refer Senate Bill 17-249, as amended, to the Commi
Pass Without Objection

Pass Without Objection

PASS







01:35 PM -- SB 17-249



Representative Ginal presented Senate Bill 17-249 to the committee, along with amendment L.004 (Attachment A), amendment L.005 (Attachment B), and two handouts (Attachments C and D). This bill continues the Division of Insurance in the Department of Regulatory Agencies (DORA) until September 1, 2030, and implements recommendations from the 2016 sunset report. The bill establishes a separate sunset date of September 1, 2022, for the regulation of preneed funeral contracts. The division is required to study whether preneed funeral contract sellers are in compliance with applicable law and determine strategies to gain compliance if sellers are not in compliance. The division will report their findings by September 1, 2017, to the House and Senate Business committees. In addition to various technical changes, the bill:



170427 AttachA.pdf170427 AttachA.pdf170427 AttachB.pdf170427 AttachB.pdf 170427 AttachC.pdf170427 AttachC.pdf ATTACH D



repeals the duties assigned to the Department of Public Health and Environment related to health maintenance organizations (HMOs) and reassigns them to the Commissioner of Insurance;

repeals the Certified Capital Company Act effective July 1, 2025; and

repeals the exemption from consumer protection statutes for private passenger automobile policies with more than four automobiles.



01:42 PM -- Vivienne Belmont, representing DORA, testified in a neutral capacity.



01:49 PM --
Peg Brown, representing the Division of Insurance, answered committee questions.



01:50 PM --
Marguerite Salazar, Commissioner of Insurance, testified in support of the bill.



01:55 PM --
Rob Southey, representing Bankers Insurance Co., testified in support of the bill.



01:56 PM
-- Mike Whitlock, representing American Surety Co., testified in support of the bill.



01:59 PM --
Yelana Love, representing the Office of Legislative Legal Services, explained amendment L.004 (Attachment A).

BILL: SB17-249
TIME: 02:00:11 PM
MOVED: Ginal
MOTION: Adopt amendment L.004 (Attachment A) to Senate Bill 17-249. The motion passed without objection.
SECONDED: Esgar
VOTE
Beckman
Buckner
Covarrubias
Humphrey
Jackson
Kennedy
Landgraf
Lontine
Ransom
Esgar
Ginal
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL: SB17-249
TIME: 02:01:41 PM
MOVED: Ginal
MOTION: Adopt amendment L.005 (Attachment B) to Senate Bill 17-249. The motion passed without objection.
SECONDED: Buckner
VOTE
Beckman
Buckner
Covarrubias
Humphrey
Jackson
Kennedy
Landgraf
Lontine
Ransom
Esgar
Ginal
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL: SB17-249
TIME: 02:02:12 PM
MOVED: Ginal
MOTION: Refer Senate Bill 17-249, as amended, to the Committee on Finance. The motion passed on a vote of 10-1.
SECONDED: Esgar
VOTE
Beckman
Yes
Buckner
Yes
Covarrubias
Yes
Humphrey
No
Jackson
Yes
Kennedy
Yes
Landgraf
Yes
Lontine
Yes
Ransom
Yes
Esgar
Yes
Ginal
Yes
Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS














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