S-0427.1 _______________________________________________
SENATE BILL 5114
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State of Washington 54th Legislature 1995 Regular Session
By Senator Quigley
Read first time 01/11/95. Referred to Committee on Government Operations.
AN ACT Relating to abolishing the office of the insurance commissioner; creating a new section; and providing for submission of this act to a vote of the people.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. (1) The governor shall prepare a reorganization plan to assimilate the functions of the office of the insurance commissioner. The plan shall emphasize consolidation, streamlining, and cost-efficiency and shall require the legislature to take action during the 1996 legislative session.
(2) The plan prepared under subsection (1) of this section shall be submitted to the legislature by November 1, 1995.
(3) The plan shall include, but not be limited to, the following:
(a) A plan for the transfer of materials, tangible assets, funds, and credits from the office of the insurance commissioner;
(b) Direction as to whether personnel of the office of the insurance commissioner shall continue their employment under the governor's reorganization plan; and
(c) The requirement that the currently elected insurance commissioner carry out the entire term of office for which she was elected, and providing that the reorganization take effect January 13, 1997.
NEW SECTION. Sec. 2. This act shall be submitted to the people for their adoption and ratification, or rejection, at the next succeeding general election to be held in this state, in accordance with Article II, section 1 of the state Constitution, as amended, and the laws adopted to facilitate the operation thereof.
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