Delaware Senate Bill 229 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on April 28 2022 - 100% progression
Action: 2022-04-28 - Signed by Governor
Text: Latest bill text (Draft #1) [HTML]

This bill requires applicants for a Delaware resident producer license to either be a Delaware resident or to work for an entity that has a physical location in Delaware out of which the business of insurance is conducted. This bill prohibits the practice of out-of-state applicants using Delaware registered agents or postal boxes to establish residency in Delaware. These changes will help to reduce or eliminate the improper marketing of insurance plans by bad actors that seek to avoid regulatory oversight through these licensing practices.

An Act To Amend Title 18 Of The Delaware Code Relating To Resident Insurance Producer Licensure Requirements.

Sen. Spiros Mantzavinos [D]	Rep. William Bush [D]	Sen. Ernesto Lopez [R]	Sen. David Wilson [R]
Rep. Paul Baumbach [D]

2022-04-12 - House - House Third Reading (Y: 41 N: 0 NV: 0 Abs: 0) [PASS]
2022-03-15 - Senate - Senate Third Reading (Y: 20 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2022-04-28		Signed by Governor
2022-04-12		Passed By House. Votes: 41 YES
2022-03-22		Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 1 Favorable, 8 On Its Merits
2022-03-16		Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
2022-03-15		Passed By Senate. Votes: 20 YES 1 NOT VOTING
2022-03-09		Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits
2022-03-03		Introduced and Assigned to Banking, Business & Insurance Committee in Senate

Type	Source
Summary	https://legis.delaware.gov/BillDetail?LegislationId=79154
Text	https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=79154&legislationTypeId=1&docTypeId=2&legislationName=SB229
Roll Call	https://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#52892
Roll Call	https://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#53043