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DE HB70
Bill
Status
3/5/2019
Primary Sponsor
William Bush
Click for details
AI Summary
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Establishes a new fee schedule for expedited document processing by the Department of Insurance: $200 for same-day service, $100 for next-day service, and $50 for second business day service
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Applies expedited fees to requests for charter documents, copies of documents on file, certification and affixing of official seals, and certified copies of insurer certificates of authority or licenses
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Requires the Insurance Commissioner to establish regulations defining the timeframes during which expedited service requests must be submitted
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Currently approximately 20 expedited requests are received per month by the Department's Bureau of Examination, Rehabilitation and Guaranty
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Takes effect 90 days after enactment and is intended to generate additional revenue for the General Fund
Legislative Description
An Act To Amend Title 18 Of The Delaware Code Relating To Fees And Charges Collected By The Department Of Insurance.
Last Action
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 11 On Its Merits, 1 Unfavorable
3/13/2019