North Carolina 2021-2022 Session Status: In Committee 3 R cosponsors

SB 92 — Insurance Referral Fee Cap.

Last action — Passed 1st Reading

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2021-2022 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

10 added · 11 removed

Plain-language change summary

The changes made to Senate Bill 92 involve the removal of some formatting details and additional identifiers that were present in the original text. Specifically, information about the bill’s filing and its designation were eliminated, streamlining the bill while keeping the core provisions intact. This matters because it clarifies the focus on the regulations concerning insurance commissions without distractions from administrative notes, making it easier for legislators and the public to understand the key points of the policy being proposed.

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FILED SENATE GENERAL ASSEMBLY OF NORTH CAROLINA Feb 11, 2021 S.B.
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2021 S 1 SENATE BILL 92 Short Title:
92 SESSION 2021 PRINCIPAL CLERK S D SENATE BILL DRS45074-NE-15 Short Title:
A BILL TO BE ENTITLED AN ACT PLACING A CAP ON INSURANCE REFERRAL FEES PAID TO NONLICENSED PERSONS.
Rules and Operations of the Senate February 15, 2021 A BILL TO BE ENTITLED AN ACT PLACING A CAP ON INSURANCE REFERRAL FEES PAID TO NONLICENSED PERSONS.
(a) An insurance company or insurance producer shall not pay a commission, service fee, or other valuable consideration to a person for selling, soliciting, or negotiating insurance in this State if that person is required to be licensed under this Article and is not so licensed.
(a) An insurance companyor insurance producer shall not pay a commission, service fee, or other valuable consideration to a person for selling, soliciting, or negotiating insurance in this State if that person is required to be licensed under this Article and is not so licensed.
(d) Except as provided in subsection (e) of this section, only agents who are duly licensed with appropriate company appointments, licensed brokers, licensed limited lines producers, or licensed limited representatives may accept, directly or indirectly, any commission, fee, or other valuable consideration for the sale, solicitation, or negotiation of insurance.
(d) Except as provided in subsection (e) of this section, onlyagents who are dulylicensed with appropriate company appointments, licensed brokers, licensed limited lines producers, or licensed limited representatives may accept, directly or indirectly, any commission, fee, or other valuable consideration for the sale, solicitation, or negotiation of insurance.
(f) Withrespecttoareferral ofinsurancebusinesstoalicensedinsuranceagent orbroker, acommission,fee,orothervaluableconsiderationpaidtoanunlicensedpersonundersubdivision (e)ofthissectionshallnotexceed fiftydollars($50.00)invalue.In additiontoanyotherpenalties authorized by law, a violation of this subsection may be punishable by a fine of not more than two thousand dollars ($2,000) for each violation." SECTION 2.
(f) Withrespecttoareferral ofinsurancebusinesstoalicensedinsuranceagent orbroker, acommission,fee,orothervaluableconsiderationpaidtoanunlicensedpersonundersubdivision (e)ofthissectionshallnotexceedfiftydollars($50.00)invalue.In additiontoanyotherpenalties authorized by law, a violation of this subsection may be punishable by a fine of not more than two thousand dollars ($2,000) for each violation." SECTION 2.
*DRS45074-NE-15*
*S92-v-1*
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Action History

  1. Passed 1st Reading

  2. Ref To Com On Rules and Operations of the Senate

  3. Filed

Sponsors

Sponsorship breakdown

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2 sponsors · 2 co-sponsors · 175 not signed on

Sponsors (2)

Co-sponsors (2)

Not signed on (175)

175 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

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Frequently asked questions

Who sponsors SB 92?
SB 92 is sponsored by Todd Johnson (Republican), Perry, Jim Burgin (Republican), and Kevin Corbin (Republican).
What is the current status of SB 92?
This bill died with 2021-2022 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 92?
Track SB 92 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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