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CT HB06516
Bill
Status
2/27/2013
Primary Sponsor
Program Review and Investigations Committee
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AI Summary
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Requires the Insurance Commissioner to include with proposed assessments a statement showing the most recent total cost of examinations or valuations, the amount recouped to date, and how the recouped amount affects the proposed assessment.
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Mandates the Insurance Commissioner and Healthcare Advocate submit this statement annually to the joint standing committee of the General Assembly having cognizance of insurance matters.
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Removes obsolete language referencing the June 6, 1991 effective date and updates assessment procedures to reflect current fiscal year timelines.
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Renumbers subsections in section 38a-48 to accommodate the new reporting requirements for examination and valuation costs.
Legislative Description
An Act Implementing The Recommendations Of The Legislative Program Review And Investigations Committee Concerning The Assessment Methodology For The Expenditures Of The Insurance Department And The Office Of The Healthcare Advocate.
Last Action
Public Hearing 03/05
2/28/2013