2023-2024 Session
Change SessionS.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)
- Last Recorded Action
- House 5/12/2023 - Senate Message: Signed by Governor May 31, 2023
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 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 |
|---|
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 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
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
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Mark-up and possible vote
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
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Mark-up and possible vote
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
An act relating to banking and insurance
Witnesses Who Testified
Regular Session 2023-2024
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
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.
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
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.
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. §§ 4181-4185. Repealed. 2023, No. 32, § 8, eff. July 1, 2023. |
| 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 |
