Kyle Brown
- Democratic
- Representative
- District 12
Primary
The act updates Colorado state laws concerning insurance company holding systems to align with the National Association of Insurance Commissioners' model act. The changes include updating: The registration requirements for the ultimate controlling person of each insurer by adding new filing requirements to be included with the division of insurance's (division) existing registration requirements; The standards for insurance holding company transactions subject to registration with the division; Language concerning the confidential treatment of documents to include proprietary and trade secret documents and materials; and The regulatory tools that the division may use for the regulation of insurance holding companies. The act authorizes the commissioner of insurance to adopt rules applicable to certain reinsurance arrangements. The act also makes technical amendments. APPROVED by Governor May 24, 2024 EFFECTIVE January 1, 2025(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed - No Amendments
Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole
Introduced In Senate - Assigned to Business, Labor, & Technology
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Committee on Business Affairs & Labor Refer Amended to House Committee of the Whole
Introduced In House - Assigned to Business Affairs & Labor
| Bill Text Versions | Format |
|---|---|
| Signed Act (05/24/2024) | |
| Final Act (05/15/2024) | |
| Rerevised (04/29/2024) | |
| Revised (04/26/2024) | |
| Reengrossed (03/11/2024) | |
| Engrossed (03/08/2024) | |
| Introduced (02/20/2024) | |
| PA1 (03/07/2024) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note FN1 (02/29/2024) | |
| Fiscal Note FN2 (03/19/2024) | |
| Fiscal Note FN3 (06/24/2024) |
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