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STANDING COMMITTEE
Room W010, West Office Building, State Capitol Complex
January 17, 2006
Members Present: Rep. Stephen D. Clark, Chair
Rep. Jim Dunnigan, Vice Chair
Rep. J. Stuart Adams
Rep. Jackie Biskupski
Rep. Carl W. Duckworth
Rep. Craig A. Frank
Rep. Neil A Hansen
Rep. Todd E. Kiser
Rep. Curtis Oda
Rep. Gordon E. Snow
Members Absent: Rep. David Clark
Rep. Michael T. Morely
Rep. Scott L. Wyatt
Staff Present: Allison Morgan, Policy Analyst
Linda Error, Committee Secretary
Note: List of visitors and a copy of handouts are filed with committee minutes .
Chair Clark called the meeting to order at 2:30 p.m.
H.B. 34 Insurance Reports, Tables, and Examination Amendments (Rep. J. Dunnigan)
Rep. Dunnigan explained the bill, with the assistance of Mickey Braun, Utah Insurance Department.
MOTION: Rep. Snow moved to pass the bill out favorably. The motion passed unanimously, with Rep. Adams absent for the vote.
H.B. 233 Insurance Licensing Amendments (Rep. J. Dunnigan)
Rep. Dunnigan explained the bill, with the assistance of Mickey Braun, Utah Insurance Department.
MOTION: Rep. Snow moved to pass the bill out favorably and amend as follows:
1. Page 13, Lines 378 through 382 :
378 (1) (a) A person that receives a new license under this title on or after July 1, 2007 as a
379 title insurance agency, shall at the time of licensure be owned or managed by one or more
380 natural persons who are licensed with the following lines of authority for at least
{
three
}
18 months
of the
381
{
five
}
3
years immediately proceeding the date on which the title insurance
agency applies for a
382 license:
The motion to amend and pass the bill out favorably passed unanimously.
MOTION: Rep. Biskupski moved to adjourn the meeting. The motion passed unanimously.
Chair Clark adjourned the meeting at 3:00 p.m.
_________________________
Rep. Stephen D. Clark, Chair