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SB-261 Insurance: reports: electronic submission.(2017-2018)

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Date Published: 04/05/2017 04:00 AM
SB261:v98#DOCUMENT

Amended  IN  Senate  April 04, 2017

CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Senate Bill No. 261


Introduced by Senator Monning

February 08, 2017


An act to add Section 45.5 to the Insurance Code, relating to insurance.


LEGISLATIVE COUNSEL'S DIGEST


SB 261, as amended, Monning. Insurance: reports: electronic submission.
Existing law provides for the regulation of insurers by the Department of Insurance. Existing law directs the Insurance Commissioner to enforce the execution of laws regulating the business of insurance. The existing Insurance Code requires various entities to submit certain reports to specified committees of the Legislature. Existing law requires that any report that is required or requested by law to be submitted by a state or local agency to the Members of the Legislature, generally, be submitted as an electronic or printed copy to the Legislative Counsel.
This bill would authorize certain reports required to be submitted to a committee of the Legislature pursuant to the Insurance Code to be submitted electronically, as specified. The bill would also require that a report that is required under the Insurance Code to be submitted to a committee of the Legislature also be submitted as an electronic or printed copy to the Legislative Counsel.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 45.5 is added to the Insurance Code, to read:

45.5.
 (a) For purposes of this section, “report” includes any study or audit.
(b) A report required under this code to be submitted to a committee of the Legislature shall also be submitted as an electronic or printed copy to the Legislative Counsel.
(c) Reports required under Sections 1063, 1872.95, 11629.85, 12922, 12962, and 13902 may be submitted electronically to a committee of the Legislature. This subdivision is not intended to prohibit the submission of a report electronically if authorized by any other law or the consent of any legislative committee.
(d) (1) A report under this code that is submitted electronically to a committee of the Legislature, Legislature may be submitted in any of the following ways:
(A) Providing the committee with a digital copy of the report delivered by electronic means to a person or account designated to receive reports.
(B) Providing the committee with a digital copy of the report stored on permanent media delivered by first-class mail.
(C) Placing the report on the reporting entity’s Internet Web site so that it is publicly available for a period of no less than three years. If a report is submitted electronically in accordance with this subparagraph, the committee shall be provided notice that the report is available that includes specific instructions on how to access the report and how to request a hard copy. The notice shall be delivered by first-class mail or by electronic means and addressed to the person or account designated to receive reports.
(2) Reports and notices submitted electronically shall be provided in a standard format accessible by software or other means that is available without charge or obligation and is acceptable to the committee.