84th Legislative Session _ 2009

Committee: House Commerce
Friday, January 23, 2009

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
P    Blake
P    Dreyer, Vice-Chair
P    Fargen
P    Greenfield
P    Jensen
P    Kirschman
P    Krebs
P    Novstrup (David)
P    Nygaard
P    Pitts
P    Solberg
P    Solum
P    Rounds, Chair

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Vice Chair Dreyer.

MOTION:     TO APPROVE THE MINUTES OF JANUARY 21, 2009

Moved by:    Rounds
Second by:    Fargen
Action:    Prevailed by voice vote.

         HB 1049: revise certain provisions regarding captive insurance companies.

Presented by:    Randy Moses, Division of Insurance
Proponents:    Jeremiah D. Murphy, Avera Health
        Matt McCaulley, SD Risk Management Group
        Curt Everson, SD Bankers Association


MOTION:     AMEND HB 1049

1049sa

     On page 4, line 6, of the printed bill, delete " less " and insert " more ".


Moved by:    Greenfield
Second by:    Rounds
Action:    Prevailed by voice vote.

 MOTION:     AMEND HB 1049

1049sb

     On page 3, line 17, of the printed bill, delete " to an amount not to exceed ten percent of capital and surplus " and insert " as required by chapter 58-13 ".


Moved by:    Nygaard
Second by:    Fargen
Action:    Prevailed by voice vote.

 MOTION:     DO PASS HB 1049 AS AMENDED

Moved by:    Rounds
Second by:    Greenfield
Action:    Prevailed by roll call vote. (13-0-0-0)

Voting Yes:    Blake, Dreyer, Fargen, Greenfield, Jensen, Kirschman, Krebs, Novstrup (David), Nygaard, Pitts, Solberg, Solum, Rounds

         HB 1057: revise the maximum reimbursement for workers' compensation burial expenses.

Presented by:    James Marsh, Department of Labor
Proponents:    Paul Aylward, SD AFSCME 59 Dakotas Public Employees Union

MOTION:     DO PASS HB 1057

Moved by:    Rounds
Second by:    Krebs
Action:    Prevailed by roll call vote. (13-0-0-0)

Voting Yes:    Blake, Dreyer, Fargen, Greenfield, Jensen, Kirschman, Krebs, Novstrup (David), Nygaard, Pitts, Solberg, Solum, Rounds

         HB 1050: revise the annual financial reporting requirements of insurance companies.

Presented by:    Randy Moses, Division of Insurance
        Wendell Malsam, Division of Insurance

MOTION:     DO PASS HB 1050

Moved by:    Rounds
Second by:    Krebs
Action:    Prevailed by roll call vote. (13-0-0-0)

Voting Yes:    Blake, Dreyer, Fargen, Greenfield, Jensen, Kirschman, Krebs, Novstrup (David), Nygaard, Pitts, Solberg, Solum, Rounds

MOTION:     ADJOURN

Moved by:    Krebs
Second by:    Pitts
Action:    Prevailed by voice vote.

Diane Mellan

____________________________

Committee Secretary
Brian Dreyer, Vice Chair