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2020 SESSION
HB 1240 Legal services plans; registration information or fees.
Introduced by: Tony O. Wilt | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Legal services plans. Authorizes legal services organizations to provide to the Virginia Department of Agriculture and Consumer Services any registration information or fees on behalf of their legal services plan sellers. Currently, sellers are required to register with the Department individually. The measure also (i) allows legal services plans to be written in Virginia by a foreign corporation that is licensed as an insurer in its state of domicile and authorized to write legal services plans under the laws of any state; (ii) authorizes a foreign insurer issuing legal services plans to file financial statements with the State Corporation Commission using certain alternative forms; (iii) allows a legal services organization to use policy forms without prior approval of the Commission if it has filed an informational filing and written notice of its intent to use the form; (iv) allows legal services organizations to exclude the management discussion and analysis sections of their financial statements filed with the Commission; and (v) provides that the Commission may investigate or examine a legal services organization as it deems necessary.
FULL TEXT
- 01/08/20 House: Prefiled and ordered printed; offered 01/08/20 20105065D pdf | impact statement
- 01/28/20 House: Committee substitute printed 20106498D-H1 pdf | impact statement
- 02/28/20 House: Bill text as passed House and Senate (HB1240ER) pdf | impact statement
- 03/23/20 Governor: Acts of Assembly Chapter text (CHAP0408) pdf
AMENDMENTS
- House committee, floor amendments and substitutes offered
- Senate amendments
- Senate amendments engrossed
HISTORY
- 01/08/20 House: Prefiled and ordered printed; offered 01/08/20 20105065D
- 01/08/20 House: Referred to Committee on Labor and Commerce
- 01/28/20 House: Committee substitute printed 20106498D-H1
- 01/28/20 House: Reported from Labor and Commerce with substitute (17-Y 0-N)
- 01/30/20 House: Read first time
- 01/31/20 House: Read second time
- 01/31/20 House: Committee substitute agreed to 20106498D-H1
- 01/31/20 House: Engrossed by House - committee substitute HB1240H1
- 02/03/20 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/03/20 House: VOTE: Block Vote Passage (99-Y 0-N)
- 02/04/20 Senate: Constitutional reading dispensed
- 02/04/20 Senate: Referred to Committee on Commerce and Labor
- 02/17/20 Senate: Reported from Commerce and Labor (15-Y 0-N)
- 02/19/20 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/20/20 Senate: Read third time
- 02/20/20 Senate: Reading of amendment waived
- 02/20/20 Senate: Amendment by Senator Saslaw agreed to
- 02/20/20 Senate: Engrossed by Senate as amended
- 02/20/20 Senate: Passed Senate with amendment (40-Y 0-N)
- 02/24/20 House: Placed on Calendar
- 02/24/20 House: Senate amendment agreed to by House (97-Y 2-N)
- 02/24/20 House: VOTE: Adoption (97-Y 2-N)
- 02/28/20 House: Enrolled
- 02/28/20 House: Bill text as passed House and Senate (HB1240ER)
- 02/28/20 House: Signed by Speaker
- 03/02/20 Senate: Signed by President
- 03/11/20 House: Enrolled Bill communicated to Governor on March 11, 2020
- 03/11/20 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 03/23/20 Governor: Approved by Governor-Chapter 408 (effective 7/1/20)
- 03/23/20 Governor: Acts of Assembly Chapter text (CHAP0408)