California 2019-2020 Regular Session

California Assembly Bill AB3258 Compare Versions

Only one version of the bill is available at this time.

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1	1	CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 3258Introduced by Assembly Member LevineFebruary 21, 2020 An act relating to insurance. LEGISLATIVE COUNSEL'S DIGESTAB 3258, as introduced, Levine. Residential property insurance.Existing law, as enacted by Proposition 103, which was approved by the voters at the November 8, 1988, statewide general election, prohibits specified insurance rates from being approved or remaining in effect that are excessive, inadequate, unfairly discriminatory, or otherwise in violation of the provisions of the act, and requires an insurer desiring to change an insurance rate to file a complete rate application with the Insurance Commissioner. Existing law authorizes the provisions of Proposition 103 to be amended by a statute that furthers the purposes of the act and is enacted by the Legislature with a 2/3 vote. This bill would state the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs, including, but not limited to, local measures that are approved by the voters to impose a tax or fee to implement these programs.
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3	3	CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 3258Introduced by Assembly Member LevineFebruary 21, 2020 An act relating to insurance. LEGISLATIVE COUNSEL'S DIGESTAB 3258, as introduced, Levine. Residential property insurance.Existing law, as enacted by Proposition 103, which was approved by the voters at the November 8, 1988, statewide general election, prohibits specified insurance rates from being approved or remaining in effect that are excessive, inadequate, unfairly discriminatory, or otherwise in violation of the provisions of the act, and requires an insurer desiring to change an insurance rate to file a complete rate application with the Insurance Commissioner. Existing law authorizes the provisions of Proposition 103 to be amended by a statute that furthers the purposes of the act and is enacted by the Legislature with a 2/3 vote. This bill would state the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
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9	9	CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION
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11	11	Assembly Bill
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13	13	No. 3258
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15	15	Introduced by Assembly Member LevineFebruary 21, 2020
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17	17	Introduced by Assembly Member Levine
18	18	February 21, 2020
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20	20	An act relating to insurance.
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22	22	LEGISLATIVE COUNSEL'S DIGEST
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24	24	## LEGISLATIVE COUNSEL'S DIGEST
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26	26	AB 3258, as introduced, Levine. Residential property insurance.
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28	28	Existing law, as enacted by Proposition 103, which was approved by the voters at the November 8, 1988, statewide general election, prohibits specified insurance rates from being approved or remaining in effect that are excessive, inadequate, unfairly discriminatory, or otherwise in violation of the provisions of the act, and requires an insurer desiring to change an insurance rate to file a complete rate application with the Insurance Commissioner. Existing law authorizes the provisions of Proposition 103 to be amended by a statute that furthers the purposes of the act and is enacted by the Legislature with a 2/3 vote. This bill would state the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs.
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30	30	Existing law, as enacted by Proposition 103, which was approved by the voters at the November 8, 1988, statewide general election, prohibits specified insurance rates from being approved or remaining in effect that are excessive, inadequate, unfairly discriminatory, or otherwise in violation of the provisions of the act, and requires an insurer desiring to change an insurance rate to file a complete rate application with the Insurance Commissioner. Existing law authorizes the provisions of Proposition 103 to be amended by a statute that furthers the purposes of the act and is enacted by the Legislature with a 2/3 vote.
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32	32	This bill would state the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs.
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34	34	## Digest Key
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36	36	## Bill Text
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38	38	The people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs, including, but not limited to, local measures that are approved by the voters to impose a tax or fee to implement these programs.
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40	40	The people of the State of California do enact as follows:
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42	42	## The people of the State of California do enact as follows:
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44	44	SECTION 1. It is the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs, including, but not limited to, local measures that are approved by the voters to impose a tax or fee to implement these programs.
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46	46	SECTION 1. It is the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs, including, but not limited to, local measures that are approved by the voters to impose a tax or fee to implement these programs.
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48	48	SECTION 1. It is the intent of the Legislature to enact legislation that would require an insurer, in setting rates and issuing residential property insurance, to take into consideration measures implemented by local governments and communities to coordinate and bolster wildfire prevention and response programs, including, but not limited to, local measures that are approved by the voters to impose a tax or fee to implement these programs.
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50	50	### SECTION 1.