BAKER
Primary
Clarifies that a mutual benefit society shall maintain a minimum net worth calculated based on gross annual premium revenues and gross annual health care expenditures. Requires gross annual premium revenues and gross annual health care expenditures to be reduced by the total amount ceded to reinsurers, provided that the reinsurance credit complies with credit for reinsurance requirements. (SB1077 HD1)
Reported from CPC (Stand. Com. Rep. No. 1323) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Aquino, DeCoite, Har, Ichiyama, C. Lee, Thielen excused (6).
The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Takumi, Ito, Say, Takayama, Todd, Yamane; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Ichiyama, Aquino, Fukumoto.
Bill scheduled to be heard by CPC on Wednesday, 03-22-17 2:00PM in House conference room 329.
Pass First Reading
Referred to CPC, FIN, referral sheet 27
Received from Senate (Sen. Com. No. 338) in amended form (SD 1).
Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
48 Hrs. Notice 03-07-17.
Reported from CPH (Stand. Com. Rep. No. 703) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
Report adopted; Passed Second Reading, as amended (SD 1).
The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 5 Aye(s): Senator(s) Baker, Nishihara, S. Chang, Espero, Kidani; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ihara, Ruderman.
The committee(s) on CPH deferred the measure until 03-01-17 10:00AM in conference room 229.
The committee(s) on CPH has scheduled a public hearing on 02-27-17 9:30AM in conference room 229.
Referred to CPH.
Passed First Reading.
Introduced.
| Bill Text Versions | Format |
|---|---|
| SB1077 | HTML PDF |
| SB1077_HD1 | HTML PDF |
| Document | Format |
|---|---|
| No related documents. |
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