SB399 S B&I AMT

Marey Casey 7988

    The Committee on Banking and Insurance moves to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

    Eng. Senate Bill No. 399--A Bill to amend and reenact §33-12-7 and §33-12-8 of the Code of West Virginia, 1931, as amended, all relating to education for insurance producers; renaming the board of insurance agent education; revising certain membership requirements of the board of insurance producer education; providing for payment of certain expenses of board members; revising role of the board; continuing education; exempting certain insurance producers from continuing education requirements; reducing period in which a producer whose license has been suspended for noncompliance with continuing education requirements may demonstrate compliance; and permitting the Insurance Commissioner to propose a rule to change certain fees.

Adopted

Rejected