Location: SCR 354
Final
BILL SUMMARY for HB16-1025
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
BILL SUMMARY for HB16-1025
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
| Votes: View--> | Action Taken: |
| Refer House Bill 16-1025 to the Committee of the W | PASS |
03:57 PM -- HB 16-1025
Senator Tate introduced House Bill 16-1025, concerning renewal of property casualty insurance. Multiple insurance companies that are owned or controlled by one entity are considered a group. This bill expands the definition of "renewal" or "to renew" when used in an automobile insurance policy, to clarify that a policy that replaces an expired policy may be issued by another admitted company within the same insurance group, rather than the issuer of the original policy.
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| BILL: | HB16-1025 | |
| TIME: | 03:59:11 PM | |
| MOVED: | Tate | |
| MOTION: | Refer House Bill 16-1025 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 8-0. | |
| SECONDED: | |
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VOTE |
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Baumgardner |
Excused |
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Heath |
Yes |
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Hodge |
Yes |
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Jahn |
Yes |
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Neville T. |
Yes |
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Newell |
Yes |
|
Tate |
Yes |
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Woods |
Yes |
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Holbert |
Yes |
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Final YES: 8 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
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04:00 PM
The committee adjourned.