SB 1265, 1265 and HB 1766 and 1895

Senate Banking and Insurance Committee


Wednesday, May 18th off the floor

HB1895 (Metzgar) Summary – Changes to the Underground Storage Tank Indemnification Fund Board

SB1265 (White) Summary – Clarifies that payroll debit cards may be used to pay employees

Amendment A07384 (Wiley) Summary – Clarifies that an employee is not required to receive payment via payroll debit card

HB1766 (Pickett) Summary – Allows future life insurance policy reserves to be based on Principle­ Based Reserving (PBR)

Amendment A07099 (White) Summary -Technical changes to ensure compliance with the NAIC model