2021-2022 Session
Change SessionH.515 (Act 139)
An act relating to banking, insurance, and securities
Rep. Michael Marcotte , Rep. Charles Kimbell
5/12/2022 - House message: Governor approved bill on May 27, 2022
- Sponsor(s)
- Last Recorded Action
- Senate 5/12/2022 - House message: Governor approved bill on May 27, 2022
Bill/Resolution Text
NOTE: to print information that appears on a tab within the bill page, use the Print link on that tab.
An act relating to banking, insurance, and securities
Detailed Status
Regular Session 2021-2022
| Body | Date | Journal | Calendar | Location | Full Status |
|---|
An act relating to banking, insurance, and securities
Roll Call History
Regular Session 2021-2022
| Body | Date | Journal | Location | Full Status |
|---|
Although procedurally bills and resolutions are assigned to only one committee at a time, other committees may review the bill or resolution. This page contains results from both the assigned committee as well as other committees.
An act relating to banking, insurance, and securities
Committee Meetings
Regular Session 2021-2022
| Meeting Date | Committee |
|---|
An act relating to banking, insurance, and securities
Meeting Full List
Regular Session 2021-2022
Thursday, January 27, 2022
- Committee(s):
- House Committee on Commerce and Economic Development
- 9:00 AM
-
H.515 - An act relating to banking, insurance, and securities
Walk-through
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Michael Pieciak, Commissioner, Department of Financial Regulation
Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
Emily Kisicki, Assistant General Counsel, Department of Financial Regulation
David Provost, Deputy Commissioner, Captive Insurance Division, Department of Financial Regulation
- 10 Minutes After Floor
-
H.515 - An act relating to banking, insurance, and securities
Continued Discussion
Richard Smith, President, Vermont Captive Insurance Association
Chris D'Elia, President, Vermont Bankers' Association
Jamie Feehan, Lobbyist, American Property and Casualty Insurance Association
Charles Storrow, Lobbyist, American International Group
David Provost, Deputy Commissioner, Captive Insurance Division, Department of Financial Regulation
Jill Rickard, Regional Vice President, American Council of Life Insurers
Tuesday, February 1, 2022
- Committee(s):
- House Committee on Commerce and Economic Development
- 1:00 PM
-
H.515 - An act relating to banking, insurance, and securities
Mark-up and possible vote
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
Emily Kisicki, Assistant General Counsel, Department of Financial Regulation
Tuesday, February 8, 2022
- Committee(s):
- House Committee on Commerce and Economic Development
- 9:00 AM
-
H.515 - An act relating to banking, insurance, and securities
Mark-up and possible vote
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Emily Kisicki, Director of Policy, Department of Financial Regulation
Jill Rickard, Regional Vice President, American Council of Life Insurers
Charles Storrow, Lobbyist, American Resort Development Association
Thursday, February 10, 2022
- Committee(s):
- House Committee on Commerce and Economic Development
- 10 mins after floor
-
H.515 - An act relating to banking, insurance, and securities
Mark-up and possible vote
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Wednesday, February 16, 2022
- Committee(s):
- House Committee on Ways and Means
- 1:15 PM
-
H.515 - An act relating to banking, insurance, and securities
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
Patrick Titterton, Fiscal Analyst, Joint Fiscal Office
Thursday, March 24, 2022
- Committee(s):
- Senate Committee on Finance
- `
-
H.515 - An act relating to banking, insurance, and securities
Thursday, March 31, 2022
- Committee(s):
- Senate Committee on Finance
- 2:15 PM
-
H.515 - An act relating to banking, insurance, and securities
Michael Pieciak, Commissioner, Department of Financial Regulation
Maria Royle, Legislative Counsel, Office of Legislative Counsel
David Provost, Deputy Commissioner, Captive Insurance Division, Department of Financial Regulation
Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
Thursday, April 7, 2022
- Committee(s):
- Senate Committee on Finance
- 2:40 PM
-
H.515 - An act relating to banking, insurance, and securities
DFR Annuity Report
Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
Mary Block, Senior Life Insurance Specialist, Department of Financial Regulation
Thursday, April 14, 2022
- Committee(s):
- Senate Committee on Finance
- 1:55 PM
-
H.515 - An act relating to banking, insurance, and securities
Amendments and Possible Vote
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Emily Kisicki, Director of Policy, Department of Financial Regulation
Thursday, April 21, 2022
- Committee(s):
- Senate Committee on Appropriations
- 4:00 PM
-
H.515 - An act relating to banking, insurance, and securities
Thursday, April 28, 2022
- Committee(s):
- House Committee on Commerce and Economic Development
- 10 mins after floor
-
H.515 - An act relating to banking, insurance, and securities
Review of Senate Amendment - vote
Emily Kisicki, Director of Policy, Department of Financial Regulation
Committee Documents
An act relating to banking, insurance, and securities
Witnesses Who Testified
Regular Session 2021-2022
House Committee on Commerce and Economic Development
- Chris D'Elia, President, Vermont Bankers' Association
- Jamie Feehan, Lobbyist, American Property and Casualty Insurance Association
- Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
- Emily Kisicki, Assistant General Counsel, Department of Financial Regulation
- Emily Kisicki, Director of Policy, Department of Financial Regulation
- Michael Pieciak, Commissioner, Department of Financial Regulation
- David Provost, Deputy Commissioner, Captive Insurance Division, Department of Financial Regulation
- Jill Rickard, Regional Vice President, American Council of Life Insurers
- Maria Royle, Legislative Counsel, Office of Legislative Counsel
- Richard Smith, President, Vermont Captive Insurance Association
- Charles Storrow, Lobbyist, American International Group
- Charles Storrow, Lobbyist, American Resort Development Association
House Committee on Ways and Means
- Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
- Maria Royle, Legislative Counsel, Office of Legislative Counsel
- Patrick Titterton, Fiscal Analyst, Joint Fiscal Office
Senate Committee on Finance
- Mary Block, Senior Life Insurance Specialist, Department of Financial Regulation
- Kevin Gaffney, Deputy Commissioner, Department of Financial Regulation, Insurance Division
- Emily Kisicki, Director of Policy, Department of Financial Regulation
- Michael Pieciak, Commissioner, Department of Financial Regulation
- David Provost, Deputy Commissioner, Captive Insurance Division, Department of Financial Regulation
- Maria Royle, Legislative Counsel, Office of Legislative Counsel
Fiscal notes and materials available on this web page are provided for informational purposes only, and may not comprise all materials received by the Vermont Legislature or the final fiscal information related to a specific bill. The Legislature is not responsible for the accuracy of any information in these materials, and their posting does not constitute approval or endorsement by the Legislature.
Fiscal Information
Fiscal Notes and Related Documents
No committee of conference members found for H.515 in the Regular Session 2021-2022.
An act relating to banking, insurance, and securities
Committee of Conference Meetings
Regular Session 2021-2022
| Meeting Date | Committee |
|---|
An act relating to banking, insurance, and securities
Committee of Conference Meeting Full List
Regular Session 2021-2022
No committee of conference meeting history found for H.515 in the Regular Session 2021-2022.
No committee of conference report found for H.515 in the Regular Session 2021-2022.
Act
An act relating to banking, insurance, and securities
Statutes Affected
Regular Session 2021-2022
| Statute |
|---|
| 8 V.S.A. § 2502. License required |
| 8 V.S.A. § 3301. Purposes |
| 8 V.S.A. § 3634a. Credit for reinsurance |
| 8 V.S.A. § 3685. Standards and management of an insurer within an insurance holding company system |
| 8 V.S.A. § 3750. Standard nonforfeiture law for individual deferred annuities |
| 8 V.S.A. § 4724. Unfair methods of competition or unfair or deceptive acts or practices defined |
| 8 V.S.A. § 4728. Insurance data security |
| 8 V.S.A. § 4813i. Exemption from examination |
| 8 V.S.A. § 6002. Licensing; authority |
| 8 V.S.A. § 6006a. Mergers |
| 8 V.S.A. § 6007. Reports and statements |
| 8 V.S.A. § 6032. Definitions |
| 8 V.S.A. § 6034. Protected cells |
| 8 V.S.A. § 6034f. Annual report; books and records |
| 8 V.S.A. § 6038. Delinquency of sponsored captive insurance companies |
| 8 V.S.A. § 7122. Scope and purpose |
| 8 V.S.A. § 7123. Definitions |
| 8 V.S.A. § 7124. Licensing and registration |
| 8 V.S.A. § 7125. Premium tax |
| 8 V.S.A. § 7126. Travel protection plans |
| 8 V.S.A. § 7127. Sales practices |
| 8 V.S.A. § 7128. Travel administrators |
| 8 V.S.A. § 7129. Policy |
| 8 V.S.A. § 7130. Rulemaking authority |
| 8 V.S.A. § 10405. Debt protection agreements |
| 8 V.S.A. § 11601. Enforcement powers of Commissioner |
| 8 V.S.A. § 14106. Expanded powers of Vermont financial institutions |
| 9 V.S.A. § 5302. Notice filing |
| 9 V.S.A. § 5305. Securities registration filings |
| 9 V.S.A. § 5616. Vermont Financial Services Education and Victim Restitution Special Fund |
| 9 V.S.A. § 5617. Vermont Whistleblower Award and Protection Act |
