District of Columbia Insurance Act
Latest action. Referred to House Committee on District of Columbia.
District of Columbia Insurance Act - Title I: District of Columbia Post Assessment Insurance Guaranty Association Act - District of Columbia Insurance Guaranty Association Act - Creates in the District of Columbia a nonprofit unincorporated legal entity to be known as the District of Columbia Insurance Guaranty Association. Gives it jurisdiction over specific kinds of direct insurance. Provides that the Board of Directors of the Association shall consist of not less than five nor more than nine persons and shall be selected by member insurers subject to approval of the Commissioner. Provides that for purposes of administration and assessment the Association shall be divided into: (1) the workmen's compensation insurance account; (2) the automobile insurance account; and (3) the account for all other insurance to which this Act applies. Directs the Association to submit to the Commissioner of the District of Columbia a plan of operation to assure the fair, reasonable and equitable administration of the Association. Grants the Commissioner powers relating to the administration of the Association. Exempts the Association from payment of all District of Columbia fees and taxes, except those levied on real or personal property. Title II: Amendment of the Life Insurance Act of the District of Columbia to Increase Capital Requirements of Life Insurance Companies - Increases the capital requirements of life insurance companies. Title III: Amendment of the Life Insurance Act of the District of Columbia to Increase Group Term Life Insurance Amount Limitations - Increases generally the limitation amounts for group life insurance under plans regulated by this Act. Permits any person insured under such a plan to make to any person, other than his employer, an absolute or collateral assignment of the rights and benefits conferred on him by the policy of such plan. Title IV: Amendment of the Fire and Casualty Act Regulating the Business of Fire, Marine, and Casuality Insurance in the District of Columbia - Sets forth minimum capital and surplus requirements for life insurance stock companies covered by this Act. Sets forth minimum surplus requirements for the mutual life insurance companies covered by this Act. Title V: Amendment of Amount of Contract with the Government of the District of Columbia for Which a Surety Bond is Required - Increases the amount for which surety bonds are required in contracts entered into with the District of Columbia.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on March 15, 1973. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on March 15, 1973: Referred to House Committee on District of Columbia.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 93rd Congress (1973-74), 651 of the 23,396 bills and joint resolutions introduced became law, about 2.8 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
CHARLES DIGGS (D-MI) introduced it on March 15, 1973. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on March 15, 1973, 19537 days ago. The most recent recorded action was 19537 days ago, on March 15, 1973.
Measures do not carry over. Anything the 93rd Congress has not finished by January 3, 1975 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers