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Minutes for HB2048 - Committee on Financial Institutions and Insurance
Short Title
Eliminating the requirement that the commissioner submit certain reports to the governor and removing certain specific entities from the definition of person for the purpose of enforcing insurance law.
Minutes Content for Tue, Feb 25, 2025
Chairperson Dietrich opened the hearing on HB2048. Revisor Eileen Ma reviewed the bill and stood for questions.(Attachment 6)
Eric Turek of the Department of Insurance spoke in favor of the bill and mentioned it's companion bill was SB27.(Attachment 7) He stated that the bill would eliminate certain reporting requirements and simplify the definition of "person" which also would require fewer changes to statutes. He stood for questions from the Committee.
There was no other testimony.
Chairperson Dietrich closed the hearing on HB2048.
Next meeting is scheduled for February 26th.
Meeting adjourned at 10:14 a.m.
