Introduced
by
To eliminate the statutory requirement that the commissioner of the Office of Financial and Insurance Services (OFIS) submit an annual report to the legislature with details of OFIS receivership activities pertaining to the liquidation of insolvent insurers. OFIS reports that the report costs $25,000 to $50,000 to prepare, and has little or no utility to the legislature.
Referred to the Committee on Financial Services
Passed in the House 103 to 0 (details)
Passed in the Senate 34 to 0 (details)
