l9n/ Oregon

2017 Regular Session

Senate Bill 97

Provides that Director of Department of Consumer and Business Services must act as, or acknowledge another regulatory official as, group-wide supervisor for internationally active insurance group.

Became law as Chapter 479, Oregon Laws 2017, signed June 27, 2017, 169 days after it was filed. In force from June 27, 2017.

What it does

The synopsis the Legislative Assembly published with the bill.

Provides that Director of Department of Consumer and Business Services must act as, or acknowledge another regulatory official as, group-wide supervisor for internationally active insurance group. Specifies criteria for and conditions under which director must assume authority to act as group-wide supervisor or acknowledge other regulatory official's authority as group-wide supervisor. Specifies actions director may take as group-wide supervisor. Requires insurer or insurance group to submit corporate governance annual disclosure to director, or other regulatory official in lead state, in accordance with schedule director specifies by rule. Specifies corporate level of organization at which insurer or insurance group may choose to make corporate governance annual disclosure. Specifies confidentiality requirements for documents, materials and other information that director receives, obtains, creates or discloses to, or receives in disclosure from, another person. Specifies conditions under which director may share documents, materials or other information and requirements for recipients of shared documents, materials or other information. Specifies that if director places insurer under supervision, liquidation or rehabilitation, director retains authority over insurer's operations and over transactions in which insurer engages within insurance holding company system of which insurer is member. Specifies period within which health benefit plan carrier may cancel coverage in identified circumstances. Becomes operative on January 1, 2018. Declares emergency, effective on passage.

Its course

January 9 to July 4, 2017, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action26 actions on 25 days

In the SenateJan 9 to Apr 1899 days

Waiting for a committeeJan 9 to Jan 178 days

Business and TransportationJan 17 to Apr 1285 days

In the House of RepresentativesApr 18 to Jun 144 days

Waiting for a committeeApr 18 to Apr 202 days

Business and LaborApr 20 to May 2232 days

Back in the SenateJun 1 to Jun 1918 days

With the GovernorJun 19 to Jun 278 days

Votes

Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

  • Senate, third reading29–0

    Passed · Apr 18 · 1 present

  • House of Representatives, third reading57–0

    Passed · Jun 1 · 3 present

  • Senate, concurrence22–7

    Agreed to the other chamber's changes · Jun 15 · 1 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Apr 12

  • House of Representatives committee amendmentAdopted

    Adopted May 22

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the Senate Jan 9 – Apr 18

  1. Introduced
  2. Sent to Business and Transportation
  3. Heard in Business and Transportation
  4. Business and Transportation recommended it as amended
  5. Read a second time
  6. Passed the Senate, 29 to 0

In the House of Representatives Apr 19 – Jun 1

  1. Arrived in the House of Representatives
  2. Sent to Business and Labor
  3. Heard in Business and Labor
  4. Heard in Business and Labor
  5. Business and Labor recommended it as amended
  6. Read a second time
  7. Passed the House of Representatives, 57 to 0

Back in the Senate Jun 15 – Jun 19

  1. The Senate agreed to the House of Representatives's amendments and passed it again, 22 to 7
  2. Signed in the Senate

To the Governor Jun 20 – Jul 4

  1. Signed in the House of Representatives
  2. Signed by the Governor
  3. In force from June 27, 2017
  4. Became chapter 479 of Oregon Laws 2017
All 26 actions, as published