BILL NUMBER: AB 954 AMENDED
BILL TEXT
AMENDED IN ASSEMBLY APRIL 28, 2009
AMENDED IN ASSEMBLY APRIL 15, 2009
INTRODUCED BY Assembly Member Jones
FEBRUARY 26, 2009
An act to add Section 12929.5 to the Insurance Code, relating to
the Insurance Commissioner.
LEGISLATIVE COUNSEL'S DIGEST
AB 954, as amended, Jones. Insurance commissioner: regulations.
Existing law authorizes the Insurance Commissioner to adopt
regulations to facilitate the acceptance of documents submitted for
filing or approval, the processing of transactions, and the
maintenance of records.
This bill would state that, unless the specified exception for
technical or ministerial rules, regulations, or insurance standards
recommended by the National Association of Insurance
Commissioners (NAIC) applies, the commissioner shall use the
Administrative Procedures Act when adopting a rule, regulation, or
insurance standard that is recommended by the National
Association of Insurance Commissioners, NAIC as
specified.
Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 12929.5 is added to the Insurance Code, to
read:
12929.5. (a) Except as provided in subdivision (b), the
commissioner shall use the Administrative Procedures Act (Chapter 3.5
(commencing with Section 11340) of Part 1 of Division 3 of Title 2
of the Government Code) when adopting a rule, regulation, or
insurance standard that is recommended by the National Association of
Insurance Commissioners (NAIC).
(b) Subdivision (a) does not apply to the adoption of a technical
or ministerial rule, regulation, or insurance standard that is
recommended by the NAIC. However, if a technical or ministerial rule,
regulation, or insurance standard that is recommended by the NAIC is
adopted by the commissioner without using the Administrative
Procedures Act, then that rule, regulation, or insurance standard
shall be posted on the department's Internet Web site at least
60 calendar days prior to its effective date .