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Searching 2023-2024 Session

2023-2024 Session

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S.95 (Act 32)

An act relating to banking and insurance

Sen. Ann Cummings
5/12/2023 - Senate Message: Signed by Governor May 31, 2023
Sponsor(s)
  • Sen. Ann Cummings
Last Recorded Action
House 5/12/2023 - Senate Message: Signed by Governor May 31, 2023
Bill/Resolution Text
  • As Introduced
  • As Passed By the Senate
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  • House Proposal of Amendment
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  • As Passed by Both House and Senate
    Official | Unofficial
  • As Enacted | Act Summary

NOTE: to print information that appears on a tab within the bill page, use the Print link on that tab.

  • Status
  • Committee Activity
  • Staff & Other Information
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  • Act
  • Detailed Status
  • Roll Call Votes (0)
An act relating to banking and insurance

Detailed Status

Regular Session 2023-2024
Body Date Journal Calendar Location Full Status
An act relating to banking and insurance

Roll Call History

Regular Session 2023-2024
Body Date Journal Location Full Status

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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.

  • Meetings
  • Documents
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An act relating to banking and insurance

Committee Meetings

Regular Session 2023-2024
Meeting Date Committee
An act relating to banking and insurance

Meeting Full List

Regular Session 2023-2024
Print Report
Friday, February 24, 2023
Committee(s):
Senate Committee on Finance
2:00 PM

S.95 - An act relating to banking and insurance

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Emily Kisicki, Director of Policy, Department of Financial Regulation
Emily Brown, Deputy Commissioner of Insurance, Department of Financial Regulation
Jamie Feehan, Lobbyist, Federal Home Loan Bank of Boston
Joanne Sullivan, Vice President and Director of Government and Community Relations, Federal Home Loan Bank of Boston
Mike Fisher, Chief Health Care Advocate, Vermont Legal Aid
Matt Stewart, Director of Sales, Federal Home Loan Bank of Boston
Chris D'Elia, President, Vermont Bankers' Association

Wednesday, March 1, 2023
Committee(s):
Senate Committee on Finance
3:15 PM

S.95 - An act relating to banking and insurance

Vote

Emily Kisicki, Director of Policy, Department of Financial Regulation
Jennifer Rood, Assistant General Counsel, Department of Financial Regulation
Joanne Sullivan, Vice President and Director of Government and Community Relations, Federal Home Loan Bank of Boston
Matt Stewart, Director of Sales, Federal Home Loan Bank of Boston
Keith Walsh, General Counsel, Federal Home Loan Bank of Boston

Thursday, March 23, 2023
Committee(s):
House Committee on Commerce and Economic Development
10:30 AM

S.95 - An act relating to banking and insurance

Introduction and walk-through

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Emily Kisicki, Director of Policy, Department of Financial Regulation
Emily Brown, Deputy Commissioner of Insurance, Department of Financial Regulation
Aaron Ferenc, Interim Deputy Commissioner of Banking, Department of Financial Regulation
Keith Walsh, General Counsel, Federal Home Loan Bank of Boston
James Feehan, Lobbyist, American Property and Casualty Insurance Association
Chris D'Elia, President, Vermont Bankers' Association

Tuesday, April 11, 2023
Committee(s):
House Committee on Commerce and Economic Development
1:00 PM

S.95 - An act relating to banking and insurance

Walk-through of new draft

Maria Royle, Legislative Counsel, Office of Legislative Counsel
James Feehan, Lobbyist, American Property and Casualty Insurance Association

Wednesday, April 19, 2023
Committee(s):
House Committee on Commerce and Economic Development
10:00 AM

S.95 - An act relating to banking and insurance

Committee discussion
Mark-up and possible vote

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Emily Brown, Deputy Commissioner of Insurance, Department of Financial Regulation
James Feehan, Lobbyist, American Property and Casualty Insurance Association

Tuesday, April 25, 2023
Committee(s):
House Committee on Commerce and Economic Development
1:00 PM

S.95 - An act relating to banking and insurance

Walk-through of new draft
Mark-up and possible vote

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Jamie Feehan, Government Relations Director, American Property and Casualty Insurance Association
Rory Whelan, Regional Vice President - Northeast, National Association of Mutual Insurance Companies

Wednesday, May 3, 2023
Committee(s):
House Committee on Ways and Means
11:05 AM

S.95 - An act relating to banking and insurance

vote

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Ted Barnett, Fiscal Analyst, Joint Fiscal Office

Wednesday, May 10, 2023
Committee(s):
Senate Committee on Finance
2:20 PM

S.95 - An act relating to banking and insurance

Discussion of amendment

Maria Royle, Legislative Counsel, Office of Legislative Counsel

Committee Documents

  • House Committee on Commerce and Economic Development
  • House Committee on Ways and Means
  • Senate Committee on Finance
An act relating to banking and insurance

Witnesses Who Testified

Regular Session 2023-2024
Print Report
House Committee on Commerce and Economic Development
  • Emily Brown, Deputy Commissioner of Insurance, Department of Financial Regulation
  • Chris D'Elia, President, Vermont Bankers' Association
  • James Feehan, Lobbyist, American Property and Casualty Insurance Association
  • Jamie Feehan, Government Relations Director, American Property and Casualty Insurance Association
  • Aaron Ferenc, Interim Deputy Commissioner of Banking, Department of Financial Regulation
  • Emily Kisicki, Director of Policy, Department of Financial Regulation
  • Maria Royle, Legislative Counsel, Office of Legislative Counsel
  • Keith Walsh, General Counsel, Federal Home Loan Bank of Boston
  • Rory Whelan, Regional Vice President - Northeast, National Association of Mutual Insurance Companies
House Committee on Ways and Means
  • Ted Barnett, Fiscal Analyst, Joint Fiscal Office
  • Maria Royle, Legislative Counsel, Office of Legislative Counsel
Senate Committee on Finance
  • Emily Brown, Deputy Commissioner of Insurance, Department of Financial Regulation
  • Chris D'Elia, President, Vermont Bankers' Association
  • Jamie Feehan, Lobbyist, Federal Home Loan Bank of Boston
  • Mike Fisher, Chief Health Care Advocate, Vermont Legal Aid
  • Emily Kisicki, Director of Policy, Department of Financial Regulation
  • Jennifer Rood, Assistant General Counsel, Department of Financial Regulation
  • Maria Royle, Legislative Counsel, Office of Legislative Counsel
  • Matt Stewart, Director of Sales, Federal Home Loan Bank of Boston
  • Joanne Sullivan, Vice President and Director of Government and Community Relations, Federal Home Loan Bank of Boston
  • Keith Walsh, General Counsel, Federal Home Loan Bank of Boston

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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.

No fiscal documents found for S.95 in the Regular Session 2023-2024.
  • Members
  • Meetings
  • Report
No committee of conference members found for S.95 in the Regular Session 2023-2024.
An act relating to banking and insurance

Committee of Conference Meetings

Regular Session 2023-2024
Meeting Date Committee
An act relating to banking and insurance

Committee of Conference Meeting Full List

Regular Session 2023-2024
Print Report
No committee of conference meeting history found for S.95 in the Regular Session 2023-2024.
No committee of conference report found for S.95 in the Regular Session 2023-2024.

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Act

  • Signed into law 5/31/2023
  • As Enacted (ACT 32)
  • Act Summary

An act relating to banking and insurance

Statutes Affected

Regular Session 2023-2024
Statute
8 V.S.A. § 23. Confidentiality of investigation and examination reports
8 V.S.A. § 2103. Approval of application and issuance of license
8 V.S.A. § 2759a. Rescission
8 V.S.A. §§ 4151-4169. Repealed. 2023, No. 32, § 8, eff. July 1, 2023.
8 V.S.A. § 4171. Short title
8 V.S.A. § 4172. Purpose
8 V.S.A. § 4173. Scope
8 V.S.A. § 4174. Construction
8 V.S.A. § 4175. Definitions
8 V.S.A. § 4176. Creation of the Association
8 V.S.A. § 4177. Board of Directors
8 V.S.A. § 4178. Powers and duties of the Association
8 V.S.A. § 4179. Assessments
8 V.S.A. § 4180. Plan of operation
8 V.S.A. § 4181. Duties and powers of the Commissioner
8 V.S.A. § 4182. Prevention of insolvencies
8 V.S.A. § 4183. Credits for assessments paid
8 V.S.A. § 4184. Miscellaneous provisions
8 V.S.A. § 4185. Examination; annual report
8 V.S.A. § 4186. Tax exemptions
8 V.S.A. § 4187. Immunity
8 V.S.A. § 4188. Stay of proceedings; reopening default judgments
8 V.S.A. § 4189. Prohibited advertisement; notice to policy owners
8 V.S.A. § 4190. Prospective application
8 V.S.A. § 4688. Filing of rates and other rating information
8 V.S.A. § 4728. Insurance data security
8 V.S.A. § 6011. Reinsurance
8 V.S.A. § 7033. Injunctions and orders
8 V.S.A. § 7065. Fraudulent transfers prior to petition
8 V.S.A. § 7067. Voidable preferences and liens
8 V.S.A. § 8084a. Required disclosure of rating practices to consumers
9 V.S.A. § 43. Deposit requirement prohibited; exception

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Staff & Other Information

Print Report
Staff
Maria Royle, Legislative Counsel

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