Senate Commerce Minutes 01/15/2002 10:00 AM

77^th Legislative Session _ 2002

Committee: Senate Commerce

Tuesday, January 15, 2002

                                            P - Present
                                            E - Excused
                                            A - Absent

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

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Chair Munson

MOTION:      ADOPT THE RULES

Moved by:    McCracken
Second by:    Brown (Arnold)
Action:    Prevailed by voice vote.

         SB 23: revise the rule-making authority for group health plans.

Presented By:    Randy Moses, Division of Insurance

MOTION:     DO PASS SB 23

Moved by:    McCracken
Second by:    Brown (Arnold)
Action:    Prevailed by roll call vote.(5-2-0-0)

Voting Yes:    McCracken, Volesky, Whiting, Brown (Arnold), Munson

Voting No:    Bogue, Sutton (Dan)

         SB 24: continue to allow investigative materials to be confidential during the investigative phase and to allow the material to be obtained by parties to a complaint after a probable cause determination is made.

Presented By:    Ray Falk, Division of Human Rights

MOTION:     DO PASS SB 24

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

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

MOTION:     PLACE SB 24 ON CONSENT

Moved by:    Volesky
Second by:    Brown (Arnold)
Action:    Prevailed by voice vote.

         SB 25: place a maximum fee for certain initial public offerings of securities.

Presented By:    Gail Sheppard, Division of Securities

MOTION:     DO PASS SB 25

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

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

MOTION:     PLACE SB 25 ON CONSENT

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

         SB 26: authorize a civil penalty for securities violations by registered or unregistered persons or entities.

Presented By: Gail Sheppard, Division of Securities

MOTION: AMEND SB 26

On page 2, line 7 of the printed bill, delete " district " and insert " circuit ".

On page 2 , line 7, delete " administrative fines " and insert " civil penalties ".

Moved by:    Brown (Arnold)
Second by:    Sutton (Dan)
Action:    Prevailed by voice vote.

MOTION:     DO PASS SB 26 AS AMENDED

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

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

MOTION:     PLACE SB 26 ON CONSENT

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

         SB 27: revise the requirement for review of an insurance company's actuarial data after credit unemployment rate filings.

Presented By:    Darla Lyon, Division of Insurance

MOTION:     DO PASS SB 27

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

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

MOTION:     PLACE SB 27 ON CONSENT

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

         SB 28: eliminate the requirement that appointed scale inspectors take an oath of office and post a performance bond.

Presented By:    Joe Hjermstad, Division of Commerce

MOTION:     DO PASS SB 28

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

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

MOTION:     PLACE SB 28 ON CONSENT

Moved by:    Brown (Arnold)
Second by:    Volesky
Action:    Prevailed by voice vote.

MOTION:     ADJOURN

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

Margaret Nickels

____________________________

Committee Secretary

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