Matt Lehman
- Republican
- Representative
- District 79
Requires the Indiana Public Employers' Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic tax exempt reciprocal insurance company. Provides that, when IPEP receives the certificate of authority and begins to transact business as a domestic tax exempt reciprocal insurance company, all powers, duties, agreements, and liabilities that IPEP had as a domestic nonprofit corporation are transferred to the domestic tax exempt reciprocal insurance company as the successor entity. Repeals and strikes provisions under which mutual insurance associations and reciprocal associations formed and operating for the writing of worker's compensation insurance are exempt from certain laws.
Signed by the Governor
Public Law 117
Signed by the President of the Senate
Signed by the President Pro Tempore
Signed by the Speaker
Returned to the House without amendments
Third reading: passed; Roll Call 367: yeas 38, nays 9
Senator Randolph added as cosponsor
Second reading: ordered engrossed
Committee report: do pass, adopted
First reading: referred to Committee on Insurance and Financial Institutions
Referred to the Senate
Third reading: passed; Roll Call 89: yeas 96, nays 0
Senate sponsors: Senators Zay and Holdman
Second reading: ordered engrossed
Representative Austin added as coauthor
Committee report: do pass, adopted
Authored by Representative Lehman
First reading: referred to Committee on Financial Institutions and Insurance
Coauthored by Representative Carbaugh
Bill Text Versions | Format |
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Introduced House Bill (H) | |
House Bill (H) | |
House Bill (S) | |
Enrolled House Bill (H) |
Document | Format |
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Fiscal Note: HB1432.04.ENRS.FN001 |
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