76th Legislative Session _ 2001

Committee: Senate Commerce
Thursday, January 11, 2001

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
P    Bogue
P    McCracken
P    Sutton (Dan)
P    Volesky
P    Whiting
P    Daugaard, Vice-Chair
P    Munson, Chair

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Chair Munson

MOTION:      ADOPT TEMPORARY RULES

Moved by:    Bogue
Second by:    McCracken
Action:    Prevailed by voice vote

 DEFER SB 37 UNTIL ANOTHER DAY BY THE CHAIR

         SB 34: allow weights and measures inspections to be preformed biennially.

Presented By:    Joe Hjermstad, Commerce - Weights & Measures

MOTION:     TO AMEND TITLE OF SB 34

34jta
     On page 1, line 1 of the printed bill, delete " preformed " and insert "performed".

Moved by:    McCracken
Second by:    Whiting
Action:    Prevailed by voice vote.

 MOTION:     DO PASS SB 34 AS AMENDED

Moved by:    Bogue
Second by:    Sutton (Dan)
Action:    Prevailed by roll call vote.(6-0-1-0)

Voting Yes:    Bogue, McCracken, Sutton (Dan), Whiting, Daugaard, Munson

Excused:    Volesky

 MOTION:     PLACE SB 34 ON CONSENT

Moved by:    Bogue
Second by:    Whiting
Action:    Prevailed by voice vote.

          SB 35: require insurance producers to sell only investments authorized pursuant to certain provisions.

Presented By:    Darla Lyon, Director of Insurance
Proponents:    Gail Sheppick, Dept of Securities
        Randy Moses, Division of Insurance
        Dick Tieszen, State Farm Insurance
        Darla Pollman Rogers, HIAA, NAIFA-SD

MOTION:     AMEND SB 35

35ja
     On page 2, line 6 of the printed bill, delete " shall " and insert "may".

Moved by:    Sutton (Dan)
Second by:    Whiting
Action:    Was not acted on.

 MOTION:     DEFER SB 35 UNTIL TUESDAY, JAN 17

Moved by:    Bogue

Second by:    McCracken
Action:    Prevailed by voice vote.

          SB 38: revise health plan coverage requirements for newborns and newly adopted children.

Presented By:    Randy Moses, Division of Insurance
Opponents:    Kris O'Connell, WELLMARK
        Darla Pollmn Rogers, HIAA and Life Underwriters

MOTION:     AMEND SB 38

38ja
     On page 1, line 10 of the printed bill, after " child " insert " if application for the subsequent coverage is made within sixty-three days of the termination of the prior coverage ".

     On page 2 , line 6, after " child " insert " if application for the subsequent coverage is made within sixty-three days of the termination of the prior coverage ".

Moved by:    Whiting
Second by:    Volesky
Action:    Prevailed by voice vote.

 MOTION:     DO PASS SB 38 AS AMENDED

Moved by:    Whiting
Second by:    Bogue
Action:    Prevailed by roll call vote.(6-1-0-0)

Voting Yes:    Bogue, McCracken, Volesky, Whiting, Daugaard, Munson

Voting No:    Sutton (Dan)

          SB 40: exempt from registration certain Canadian broker-dealers and the securities offered by them.

Presented By:    Gail Sheppick, Dept of Commerce-Securities

MOTION:     AMEND SB 40

40a
     On page 1, line 6 of the printed bill, delete " person " and insert "broker".

     On page 1 , line 14, delete " person " and insert "broker".

Moved by:    Volesky
Second by:    Bogue
Action:    Prevailed by voice vote.

 MOTION:     DO PASS SB 40 AS AMENDED

Moved by:    Volesky
Second by:    Bogue
Action:    Prevailed by roll call vote.(7-0-0-0)

Voting Yes:    Bogue, McCracken, Sutton (Dan), Volesky, Whiting, Daugaard, Munson

 MOTION:     PLACE SB 40 ON CONSENT

Moved by:    Volesky
Second by:    Daugaard
Action:    Prevailed by voice vote.

          SB 41: authorize the recovery of costs in contested cases for the real estate appraiser program and to repeal certain provisions regarding an appraiser's license.

Presented By:    Sherry Bren, Dept of Commerce

MOTION:     DO PASS SB 41

Moved by:    Daugaard
Second by:    McCracken
Action:    Prevailed by roll call vote.(7-0-0-0)

Voting Yes:    Bogue, McCracken, Sutton (Dan), Volesky, Whiting, Daugaard, Munson

MOTION:     PLACE SB 41 ON CONSENT

Moved by:    Whiting
Second by:    Bogue
Action:    Prevailed by voice vote.

MOTION:     ADJOURN

Moved by:    Bogue
Second by:    McCracken
Action:    Prevailed by voice vote.

Margaret Nickels

____________________________

Committee Secretary
David R. Munson, Chair

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