SB 336 — Earthquake insurance: rates.
Last action — Referred to Com. on INS.
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill died with 2015-2016 Regular Session. It reached “Passed Senate” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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.
Summary
Existing law establishes the California Earthquake Authority and authorizes the authority to transact insurance in this state as necessary to sell policies of basic residential earthquake insurance. Existing law requires that the rates established by the authority be actuarially sound so as to not be excessive, inadequate, or unfairly discriminatory. Existing law provides that policyholders who have retrofitted their homes to withstand earthquake shake damage according to standards and to the extent set by the governing board of the authority shall enjoy a premium discount or credit of 5 percent on the authority-issued policy of residential earthquake coverage. Existing law authorizes the board to approve a premium discount or credit above 5 percent if the discount or credit is determined by the authority to be actuarially sound. This bill would instead provide that those policyholders shall enjoy a premium discount or credit of at least 5 percent on the authority-issued policy of residential earthquake coverage. The bill would also make nonsubstantive, technical changes.
Bill Text
What changed in the latest version
1 added · 1 removed1 line(s) added, 1 removed.
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View plain text versions (2)
- Introduced 02/23/15 - Introduced Current pdf February 23, 2015
- SB336 View text html
Action History
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Referred to Com. on INS.
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In Assembly. Read first time. Held at Desk.
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Read third time. Passed. (Ayes 34. Noes 0. Page 843.) Ordered to the Assembly.
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Read second time. Ordered to consent calendar.
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From committee: Do pass. Ordered to consent calendar. (Ayes 7. Noes 0. Page 727.) (April 22).
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Set for hearing April 22.
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Referred to Com. on INS.
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From printer. May be acted upon on or after March 26.
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Introduced. Read first time. To Com. on RLS. for assignment. To print.
Sponsors
- Roth · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Roth
Co-sponsors (0)
None.
Not signed on (121)
121 members have not signed on to this bill.
Show all 121 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 31 | 0 | 0 | 5 |
| Democratic | 3 | 0 | 0 | 0 |
| Total | 34 | 0 | 0 | 5 |
| % of votes cast | 87% | 0% | 0% | 13% |
How each member voted (39)
| Member | Party | Vote |
|---|---|---|
| Anderson | — | Yea |
| Hill | — | Yea |
| Leyva | — | Yea |
| Mendoza | — | Yea |
| Nielsen | — | Yea |
| Allen | — | Yea |
| Cannella | — | Yea |
| Mitchell | — | Yea |
| De León | — | Yea |
| Galgiani | — | Yea |
| Hall | — | Yea |
| Runner | — | Not Voting |
| Hancock | — | Yea |
| Hernandez | — | Not Voting |
| Hertzberg | — | Yea |
| Hueso | — | Not Voting |
| Huff | — | Yea |
| Bates | — | Yea |
| Beall | — | Yea |
| Block | — | Yea |
| Lara | — | Yea |
| Leno | — | Yea |
| Liu | — | Yea |
| Monning | — | Yea |
| Moorlach | — | Yea |
| Morrell | — | Not Voting |
| Pan | — | Yea |
| Pavley | — | Yea |
| Roth | — | Yea |
| Vidak | — | Not Voting |
| Wieckowski | — | Yea |
| Wolk | — | Yea |
| Fuller | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Mark Stone | — | Yea |
| Jackson, Corey A. | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 1 |
| Total | 7 | 0 | 0 | 1 |
| % of votes cast | 88% | 0% | 0% | 13% |
How each member voted (8)
| Member | Party | Vote |
|---|---|---|
| Liu | — | Yea |
| Roth | — | Yea |
| Wieckowski | — | Yea |
| Mitchell | — | Yea |
| Hernandez | — | Yea |
| Hall | — | Not Voting |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
Subjects
Frequently asked questions
- What does SB 336 do?
- Existing law establishes the California Earthquake Authority and authorizes the authority to transact insurance in this state as necessary to sell policies of basic residential earthquake insurance. Existing law requires that the rates established by the authority be actuarially sound so as to not be excessive, inadequate, or unfairly discriminatory. Existing law provides that policyholders who have retrofitted their homes to withstand earthquake shake damage according to standards and to the extent set by the governing board of the authority shall enjoy a premium discount or credit of 5 percent on the authority-issued policy of residential earthquake coverage. Existing law authorizes the board to approve a premium discount or credit above 5 percent if the discount or credit is determined by the authority to be actuarially sound. This bill would instead provide that those policyholders shall enjoy a premium discount or credit of at least 5 percent on the authority-issued policy of residential earthquake coverage. The bill would also make nonsubstantive, technical changes.
- Who sponsors SB 336?
- SB 336 is sponsored by Roth.
- What is the current status of SB 336?
- This bill died with 2015-2016 Regular Session. It reached “Passed Senate” 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 336?
- Track SB 336 free on One Click Politics — get push/email alerts when it moves.
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