P - Present
Roll Call
OTHERS PRESENT: See Original Minutes
The meeting was called to order by Representative Tim Rounds, Chair.
MOTION:
TO APPROVE THE MINUTES OF FEBRUARY 13, 2008
Carolyn Jorgensen
E - Excused
A - Absent
P Ahlers
P Boomgarden
E Dreyer
P Engels
P Hunt
E Juhnke
P Noem
P Novstrup (David)
P Nygaard
P Pederson (Gordon)
P Street
P Willadsen, Vice-Chair
P Rounds, Chair
Moved by: Hunt
Second by: Pederson (Gordon)
Action: Prevailed by voice vote.
SB 36: revise the discount medical plan organization's renewal period requirements.
Presented by: Randy Moses, Division of Insurance
MOTION:
DO PASS SB 36
Moved by: Boomgarden
Second by: Pederson (Gordon)
Action: Prevailed by roll call vote. (11-0-2-0)
Voting Yes: Ahlers, Boomgarden, Engels, Hunt, Noem, Novstrup (David), Nygaard, Pederson
(Gordon), Street, Willadsen, Rounds
Excused: Dreyer, Juhnke
MOTION:
PLACE SB 36 ON CONSENT CALENDAR
Moved by: Boomgarden
Second by: Willadsen
Action: Prevailed by voice vote.
SB 114: allow for risk pool eligibility and rate flexibility for certain health insurance
conversion plans.
Presented by: Representative Mark Willadsen
Proponents: Darla Pollman-Rogers, Wellmark Blue Cross Blue Shield of SD
Randy Moses, Division of Insurance
Dave Hewett, SD Assn. Of Healthcare Organizations
MOTION:
DO PASS SB 114
Moved by: Ahlers
Second by: Willadsen
Action: Prevailed by roll call vote. (11-0-2-0)
Voting Yes: Ahlers, Boomgarden, Engels, Hunt, Noem, Novstrup (David), Nygaard, Pederson
(Gordon), Street, Willadsen, Rounds
Excused: Dreyer, Juhnke
MOTION:
PLACE SB 114 ON CONSENT CALENDAR
Moved by: Pederson (Gordon)
Second by: Street
Action: Failed by voice vote.
SB 37: establish certain suitability requirements for annuities.
Presented by: Randy Moses, Division of Insurance
Proponents: Dick Frederick, Edward Jones
Gail Sheppick, Division of Securities
MOTION:
DO PASS SB 37
Moved by: Nygaard
Second by: Street
Action: Prevailed by roll call vote. (11-0-2-0)
Voting Yes: Ahlers, Boomgarden, Engels, Hunt, Noem, Novstrup (David), Nygaard, Pederson
(Gordon), Street, Willadsen, Rounds
Excused: Dreyer, Juhnke
MOTION:
PLACE SB 37 ON CONSENT CALENDAR
Moved by: Willadsen
Second by: Pederson (Gordon)
Action: Failed by voice vote.
SB 35: establish fair claims standards and procedures for property casualty insurance
claims.
Presented by: Merle Scheiber, Director, Division of Insurance
Proponents: Sam Wilson, AARP
Opponents: Mike Shaw, Property and Casualty Insurance
Dick Tieszen, State Farm Insurance (Handouts #1, 2 &3)
Travis Jones, DeSmet Insurance Company of SD (Handout #4)
Dennis Duncan, SD Insurance Alliance
MOTION:
DO PASS SB 35
Moved by: Engels
Second by: Ahlers
Action: Was not acted on.
MOTION:
SUBSTITUTE MOTION DEFER SB 35 TO THE 36TH LEGISLATIVE DAY
Moved by: Nygaard
Second by: Noem
Action: Prevailed by roll call vote. (10-2-1-0)
Voting Yes: Ahlers, Boomgarden, Hunt, Juhnke, Noem, Novstrup (David), Nygaard, Pederson
(Gordon), Willadsen, Rounds
Voting No: Engels, Street
Excused: Dreyer
SB 202: prohibit certain military sales practices for life insurance and annuities.
Presented by: Merle Scheiber, Director, Division of Insurance
MOTION:
DO PASS SB 202
Moved by: Willadsen
Second by: Nygaard
Action: Prevailed by roll call vote. (12-0-1-0)
Voting Yes: Ahlers, Boomgarden, Engels, Hunt, Juhnke, Noem, Novstrup (David), Nygaard,
Pederson (Gordon), Street, Willadsen, Rounds
Excused: Dreyer
MOTION:
PLACE SB 202 ON CONSENT CALENDAR
Moved by: Willadsen
Second by: Pederson (Gordon)
Action: Prevailed by voice vote.
MOTION:
ADJOURN
Moved by: Pederson (Gordon)
Second by: Hunt
Action: Prevailed by voice vote.
Committee Secretary
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