Substitute for Raised H.B. No. 5206
Session Year 2018


To (1) authorize the Insurance Commissioner to adopt regulations concerning electronic filing, (2) modify the approval process for proposed domestic insurers, (3) subject fraternal benefit societies to certain requirements of the National Association of Insurance Commissioners' Valuation Manual, (4) authorize the commissioner to prescribe nonforfeiture benefits for contingent deferred annuities, (5) clarify statutory provisions concerning filing fees charged to fraternal benefit societies, (6) specify that both present and former officers of an insurer must cooperate with investigations conducted by the commissioner, (7) modify the duties of insurance agents, and (8) repeal a provision concerning delinquency proceedings.

Introduced by:
Insurance and Real Estate Committee

 New today  2-4 days old  5 days & older

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 6/13/2018Signed by the Governor
 5/31/2018Transmitted by Secretary of the State to Governor
 5/31/2018Transmitted to the Secretary of State
 5/30/2018(LCO)Public Act 18-158
 5/9/2018On Consent Calendar / In Concurrence
 5/9/2018Senate Passed as Amended by House Amendment Schedule A
 5/9/2018Senate Adopted House Amendment Schedule A
 5/9/2018Rules Suspended
 5/9/2018Senate Calendar Number 562
 5/9/2018Favorable Report, Tabled for the Calendar, Senate
 5/9/2018Transmitted Pursuant To Joint Rule 17
 5/9/2018House Passed as Amended by House Amendment Schedule A
 5/9/2018House Adopted House Amendment Schedule A 5921
 4/5/2018(LCO)File Number 233
 4/5/2018House Calendar Number 166
 4/5/2018Favorable Report, Tabled for the Calendar, House
 4/5/2018(LCO)Reported Out of Legislative Commissioners' Office
 3/29/2018(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/04/18 5:00 PM
 3/21/2018(LCO)Filed with Legislative Commissioners' Office
 3/20/2018(INS)Joint Favorable Substitute
 2/23/2018Public Hearing 02/27
 2/22/2018Referred to Joint Committee on Insurance and Real Estate

Co-sponsors of HB-5206

Sen. Heather B. Somers, 18th Dist.

NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.