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Senate Bill 1195; Regular Session 2019-2020


Printer's No.(PN):
Short Title:
An Act amending the act of May 17, 1921 (P.L.682, No.284), known as The Insurance Company Law of 1921, in general provisions relating to insurance companies, associations and exchanges, further providing for Reinsurance Credits and providing for credit for reinsurance and reciprocal jurisdictions; in Life and Health Insurance Guaranty Association, further providing for purpose, for definitions, for coverage and limitations, for creation of association, for board of directors, for powers and duties of association, for assessments, for plan of operation, for powers and duties of the commissioner, for prevention of insolvencies, for credits for assessments paid, for miscellaneous provisions, for examination of the association and annual report, for immunity, for stay of proceedings and reopening default judgments, for prohibited advertisement or Insurance Guaranty Association Act in insurance sales and for prospective application.
PN 1762
Referred to BANKING AND INSURANCE, June 9, 2020
Reported as committed, June 10, 2020
First consideration, June 10, 2020
PN 1821
Second consideration, with amendments, June 24, 2020
Re-referred to APPROPRIATIONS, June 24, 2020
(Remarks see Senate Journal Page 653), June 24, 2020
PN 1825
Re-reported as amended, June 29, 2020
Third consideration and final passage, June 30, 2020 (50-0)
In the House
Referred to INSURANCE, July 8, 2020
PN 2041
Reported as amended, Sept. 30, 2020
First consideration, Sept. 30, 2020
Laid on the table, Sept. 30, 2020
Removed from table, Oct. 19, 2020
Second consideration, Oct. 20, 2020
Re-referred to APPROPRIATIONS, Oct. 20, 2020
Re-reported as committed, Oct. 21, 2020
Third consideration and final passage, Oct. 21, 2020 (201-0)
In the Senate
Re-reported on concurrence, as committed, Oct. 21, 2020
Senate concurred in House amendments, Oct. 21, 2020 (47-0)
Signed in Senate, Oct. 21, 2020
Signed in House, Oct. 26, 2020
Presented to the Governor, Oct. 26, 2020
Approved by the Governor, Nov. 3, 2020
Act No. 113 of 2020, Nov. 3, 2020
* denotes current Printer's Number