West Virginia House Bill 2479 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 11-0)
Status: Passed on April 11 2019 - 100% progression
Action: 2019-04-11 - Chapter 150, Acts, Regular Session, 2019
Text: Latest bill text (Enrolled) [HTML]

The purpose of this bill is to require insurers writing more than $500 million, or insurance groups writing more than $1 billion, in annual premium to maintain an internal audit function providing independent, objective and reasonable assurance to the insurer’s or insurance group’s audit committee regarding the insurer’s governance, risk management, and internal controls. The bill also requires an insurer or insurer group to annually provide a confidential disclosure regarding its corporate governance practices. The legislation is needed for the State of West Virginia to remain accredited with the National Association of Insurance Commissioners.      Â

Corporate Governance Annual Disclosure Act

Del. Dean Jeffries [R]	Del. Steve Westfall [R]	Del. John Paul Hott [R]	Del. Tom Azinger [R]
Del. Dianna Graves [R]	Del. Terrishie Sypolt [R]	Del. Vernon Criss [R]	Del. John Mandt [R]
Sen. Eric Nelson [R]	Del. Paul Espinosa [R]	Del. Eric Porterfield [R]

2019-03-09 - Senate - Passed Senate (Roll No. 510) (Y: 34 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-07 - House - Passed House (Roll No. 92) (Y: 98 N: 0 NV: 2 Abs: 0) [PASS]

Date	Chamber	Action
2019-04-11	House	Chapter 150, Acts, Regular Session, 2019
2019-03-26	House	Approved by Governor 3/26/19
2019-03-09	House	Approved by Governor 3/26/19 - House Journal
2019-03-09	Senate	Approved by Governor 3/26/19 - Senate Journal
2019-03-09	Senate	To Governor 3/25/19 - Senate Journal
2019-03-25	House	To Governor 3/25/19
2019-03-09	House	To Governor 3/25/19 - House Journal
2019-03-09	House	Completed legislative action
2019-03-09	House	House received Senate message
2019-03-09	Senate	Senate requests House to concur
2019-03-09	Senate	Passed Senate (Roll No. 510)
2019-03-09	Senate	Read 3rd time
2019-03-09	Senate	On 3rd reading
2019-03-08	Senate	Read 2nd time
2019-03-08	Senate	On 2nd reading
2019-03-07	Senate	Read 1st time
2019-03-07	Senate	On 1st reading
2019-03-06	Senate	Reported do pass
2019-02-08	Senate	To Judiciary
2019-02-08	Senate	To Judiciary
2019-02-08	Senate	Introduced in Senate
2019-02-08	Senate	House Message received
2019-02-07	House	Communicated to Senate
2019-02-07	House	Passed House (Roll No. 92)
2019-02-07	House	Read 3rd time
2019-02-07	House	On 3rd reading, Special Calendar
2019-02-06	House	Read 2nd time
2019-02-06	House	On 2nd reading, Special Calendar
2019-02-05	House	Read 1st time
2019-02-05	House	On 1st reading, Special Calendar
2019-02-04	House	By substitute, do pass
2019-01-25	House	To House Judiciary
2019-01-25	House	Do pass, but first to Judiciary
2019-01-17	House	To House Banking and Insurance
2019-01-17	House	Introduced in House
2019-01-17	House	To Banking and Insurance then Judiciary
2019-01-17	House	Filed for introduction

Chapter	Article	Section	Citation Type	Statute Text
33	33	12	Amended Code	Citation Text
33	33	12a	New Code	See Bill Text
33	33	16	Amended Code	Citation Text
33	33	2	Amended Code	Citation Text
33	52	1	New Code	See Bill Text
33	52	2	New Code	See Bill Text
33	52	3	New Code	See Bill Text
33	52	4	New Code	See Bill Text
33	52	5	New Code	See Bill Text
33	52	6	New Code	See Bill Text
33	52	7	New Code	See Bill Text
33	52	8	New Code	See Bill Text
33	52	9	New Code	See Bill Text

Type	Source
Summary	http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=2479&year=2019&sessiontype=RS&btype=bill
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb2479%20intr.htm&yr=2019&sesstype=RS&i=2479
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=HB2479%20SUB.htm&yr=2019&sesstype=RS&i=2479
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=HB2479%20SUB%20ENR.htm&yr=2019&sesstype=RS&i=2479
Roll Call	http://www.wvlegislature.gov/legisdocs/2019/RS/votes/house/00092.pdf
Roll Call	http://www.wvlegislature.gov/legisdocs/2019/RS/votes/senate/03-09-0510.pdf