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Committee of the Whole advances suite of insurance and banking bills; floor debate criticizes repeated "shell" bills
Summary
The Committee of the Whole reported several Senate bills favorably — SB 27, SB 28, SB 32, SB 42 and SB 139 — primarily technical insurance and banking updates; some members criticized the practice of introducing similar bills in both chambers as creating "shells."
The House Committee of the Whole on March 14 reported multiple bills favorably, advancing a package of insurance and banking-related measures and technical updates.
Senate Bill 27 and SB 28 contain updates to insurance department reporting and licensing oversight, respectively; representatives said the language tracks work already passed previously in House bills and that the Senate made minor, largely technical adjustments. Representative Bergkamp, the bill carrier on multiple insurance measures, said the Senate…
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