s_blt_2016a_2016-02-24t14:00:36z3 Hearing Summary
Date: 02/24/2016
Final
BILL SUMMARY for HB16-1025
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Votes: View--> | Action Taken: |
Refer House Bill 16-1025 to the Committee of the W | PASS |
03:57 PM -- HB 16-1025
Senator Tate introduced House Bill 16-1025, concerning renewal of property casualty insurance. Multiple insurance companies that are owned or controlled by one entity are considered a group. This bill expands the definition of "renewal" or "to renew" when used in an automobile insurance policy, to clarify that a policy that replaces an expired policy may be issued by another admitted company within the same insurance group, rather than the issuer of the original policy.
BILL: | HB16-1025 | |
TIME: | 03:59:11 PM | |
MOVED: | Tate | |
MOTION: | Refer House Bill 16-1025 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 8-0. | |
SECONDED: | ||
VOTE
|
||
Baumgardner
|
Excused
|
|
Heath
|
Yes
|
|
Hodge
|
Yes
|
|
Jahn
|
Yes
|
|
Neville T.
|
Yes
|
|
Newell
|
Yes
|
|
Tate
|
Yes
|
|
Woods
|
Yes
|
|
Holbert
|
Yes
|
|
Final YES: 8 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
|
04:00 PM
The committee adjourned.