SB 156 Georgia Senate · 2019-2020 Regular Session

Insurance; division of a domestic insurer into two or more resulting domestic insurers; provide

Summary
A BILL to be entitled an Act to amend Title 33 of the O.C.G.A., relating to insurance, so as to provide for the division of a domestic insurer into two or more resulting domestic insurers; to provide for definitions; to provide for a plan of division subject to approval by the Insurance Commissioner; to amend Part 1 of Article 13 of Chapter 2 of Title 14 of the O.C.G.A., relating to the right to dissent and obtain payment for shares, so as to add the right to dissent and obtain payment for shares for a division of a domestic insurer; to provide for related matters; to repeal conflicting laws; and for other purposes.
Bill status signed all 5 stages cleared
Introduction
Feb 2019
Committee Review
Mar 2019
Senate Passage
Feb 2019
House Passage
Mar 2019
Signed into Law
May 2019
Introduced Feb 21, 2019 Signed May 2, 2019
Floor votes · Senate Feb 28, 2019

How they voted

220
Passed · 1 other
Total votes 23
Feb 28, 2019
D Democratic9
8 Yea 1
88% Yea
R Republican14
14 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
15
Key actions
6
Committee
3
May 2, 2019
Signed into law
Act 147
upper
May 2, 2019
Signed into law
Senate Date Signed by Governor
upper
Mar 18, 2019
Lower · Passed
House Passed/Adopted
lower
Mar 13, 2019
Lower · Passed
House Committee Favorably Reported
lower
Feb 28, 2019
Upper · Passed
Senate Passed/Adopted By Substitute
upper
Feb 26, 2019
Upper · Passed
Senate Committee Favorably Reported By Substitute
upper
Feb 22, 2019
Committee
Senate Read and Referred
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of P. K. Martin IV
P. K. Martin IV
RRepublican
GA
9