Bill Summary

HB 487 Department of Financial Services (2023 Session)
Department of Financial Services: Revises eligibility for plans of deferred compensation established by CFO; authorizes judge of compensation claims to order injured employee's evaluation by expert medical advisor; revises conditions for nonprofit religious organization to be exempt from requirements of insurance code; adds limited license for transacting preneed funeral agreement insurance; revises licensure requirements for reinsurance intermediary brokers & reinsurance intermediary managers; authorizes certain persons to obtain limited license to sell only policies of life insurance covering expense of prearrangement for funeral services or merchandise; revises requirements, conditions, & procedures for bail bond agency license. Effective Date: May 25, 2023
01/24/23
HOUSE 
Filed
02/01/23
HOUSE 
Referred to Insurance & Banking Subcommittee; Appropriations Committee; Commerce Committee
02/01/23
HOUSE 
Now in Insurance & Banking Subcommittee
03/17/23
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 03/21/23, 11:30 am, 17 H
03/21/23
HOUSE 
Favorable with CS by Insurance & Banking Subcommittee; 18 Yeas, 0 Nays
03/30/23
HOUSE 
Committee Substitute Text (C1) Filed
03/31/23
HOUSE 
Now in Appropriations Committee
04/10/23
HOUSE 
On Committee agenda - Appropriations Committee, 04/12/23, 3:00 pm, 212 K
04/12/23
HOUSE 
Favorable by Appropriations Committee; 27 Yeas, 0 Nays
04/12/23
HOUSE 
Now in Commerce Committee
04/13/23
HOUSE 
On Committee agenda - Commerce Committee, 04/17/23, 2:00 pm, 212 K - PCS
04/18/23
HOUSE 
Favorable with CS by Commerce Committee on 04/17/23; 19 Yeas, 0 Nays
04/20/23
HOUSE 
Committee Substitute Text (C2) Filed
04/20/23
HOUSE 
Placed on Calendar, on 2nd reading
04/20/23
HOUSE 
Placed on Special Order Calendar, 04/25/23
04/25/23
HOUSE 
Read Second Time; Amendments Adopted (186023, 355413, 880299); Placed on Third Reading, 04/26/23
04/25/23
HOUSE 
Engrossed Text (E1) Filed
04/26/23
HOUSE 
Read Third Time; Passed (Vote: 75 Yeas / 40 Nays)
04/26/23
SENATE
In Messages
04/26/23
SENATE
Received; Referred to Fiscal Policy
04/28/23
SENATE
Withdrawn from Fiscal Policy; Placed on Calendar, on 2nd reading; Substituted for SBĀ 1158; Read Second Time; Amendments Adopted (861932, 118852); Read Third Time; Passed (Vote: 37 Yeas / 0 Nays)
04/28/23
HOUSE 
In returning messages
05/03/23
HOUSE 
Received from Messages; Concurred with Amendments (861932, 118852); Passed (Vote: 112 Yeas / 0 Nays)
05/03/23
HOUSE 
Ordered engrossed, then enrolled
05/04/23
HOUSE 
Engrossed Text (E2) Filed
05/04/23
HOUSE 
Enrolled Text (ER) Filed
05/16/23
______ 
Signed by Officers and presented to Governor (Governor must act on this bill by 05/31/23)
05/25/23
______ 
Approved by Governor; Chapter No. 2023-144
06/21/23
______ 
Bill to be Discussed During the Office of EDR's Revenue Estimating Impact Conference, 06/23/23, 10:00 am, 117 K (No Votes Will Be Taken)
0487
Filed on 01/24/23
PDF
Amendment 411811 DE
Filed on 03/20/23
Adopted
0487C1
Filed on 03/30/23
PDF
Amendment 1000 PCS
Filed on 04/13/23
Adopted as Amended
Amendment 1001 AP
Filed on 04/17/23
Adopted
0487C2
Filed on 04/20/23
PDF
Amendment 186023
Filed on 04/21/23
Adopted on 2nd Reading
Amendment 355413
Filed on 04/21/23
Adopted on 2nd Reading
Amendment 880299
Filed on 04/21/23
Adopted on 2nd Reading
0487E1
Filed on 04/25/23
PDF
Amendment 861932
Filed on 04/27/23
Concurred
Amendment 118852
Filed on 04/27/23
Concurred
0487E2
Filed on 05/04/23
PDF
No amendments to this bill text filed.
0487ER
Filed on 05/04/23
PDF
No amendments to this bill text filed.
7.02
7.73
7.74
20.121
112.215
215.55952
274.01
440.13
440.385
497.005
624.1265
624.501
626.015
626.171
626.173
626.207
626.221
626.2815
626.321
626.611
626.621
626.7315
626.7492
626.752
626.785
626.793
626.837
626.8411
626.8437
626.844
626.8473
626.854
626.874
626.9892
626.9957
627.351
627.4215
627.7015
627.7074
627.745
631.141
631.152
631.252
631.398
631.56
631.716
631.816
631.912
633.1423
634.181
634.191
634.32
634.321
634.419
634.422
634.423
648.25
648.26
648.27
648.285
648.3
648.31
648.34
648.355
648.382
648.386
648.387
648.3875
648.39
648.41
648.42
648.44
648.441
648.46
648.5
717.135
843.021
903.09
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