SB 171-1_ Filed 02/02/2007, 09:51
Adopted 2/6/2007
COMMITTEE REPORT
MADAM PRESIDENT:
The Senate Committee on Insurance and Financial Institutions, to which was referred Senate Bill No.
171, has had the same under consideration and begs leave to report the same back to the Senate with the
recommendation that said bill be AMENDED as follows:
SOURCE: Page 1, line 3; (07)AM017102.1. -->
Page 1, line 3, after "4." insert "
(a)".
Page 7, between lines 31 and 32, begin a new line block indented
and insert:
"
(29) Engaging in dishonest or predatory insurance practices
in marketing or sales of insurance to members of the United
States Armed Forces as:
(A) described in the federal Military Personnel Financial
Services Protection Act, P.L.109-290; or
(B) defined in rules adopted under subsection (b).
(b) Except with respect to federal insurance programs under
Subchapter III of Chapter 19 of Title 38 of the United States Code,
the commissioner may, consistent with the federal Military
Personnel Financial Services Protection Act (P.L.109-290), adopt
rules under IC 4-22-2 to:
(1) define; and
(2) while the members are on a United States military
installation or elsewhere in Indiana, protect members of the United
States Armed Forces from;
dishonest or predatory insurance practices.".
(Reference is to SB 171 as introduced.)
and when so amended that said bill do pass .
Committee Vote: Yeas 11, Nays 0.
____________________________________
Senator Paul, Chairperson
AM 017102/DI 110 2007