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House considers insurance code cleanup; sponsors say changes are technical but substantive
Summary
Representative Howard presented Senate Bill 234 to amend the insurance code, describing a mix of technical fixes and substantive changes (including regulatory authority over the workers' compensation fund and removal of contradictory language on the commissioner's term). Debate touched on a premium-tax rate adjustment for a specific study and concerns from constituents about insurance costs.
Representative Howard moved to uncircle and presented Senate Bill 234, describing it as a set of insurance-code amendments that are "not controversial" while still substantive in effect.
On the floor Howard explained the bill removes an internal statutory contradiction that both defines a term for the insurance commissioner and states the governor may remove the commissioner "at will," noting that leaving both provisions is inconsistent and the bill resolves that by…
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