CERTIFICATION OF ENROLLMENT

                   SUBSTITUTE HOUSE BILL 1149

                    Chapter 33, Laws of 1999

                        56th Legislature

                      1999 Regular Session

FILING FINANCIAL STATEMENTS UNDER THE INSURANCE CODE

                    EFFECTIVE DATE:  7/25/99

Passed by the House February 22, 1999  Yeas 95   Nays 0              CLYDE BALLARD Speaker of the House of Representatives               FRANK CHOPP Speaker of the House of Representatives Passed by the Senate April 7, 1999   Yeas 44   Nays 0

CERTIFICATE We, Dean R. Foster and Timothy A. Martin, Co-Chief Clerks of the House of Representatives of the State of Washington, do hereby certify that the attached is SUBSTITUTE HOUSE BILL 1149  as passed by the House of Representatives and the Senate on the dates hereon set forth.            DEAN R. FOSTER                           Chief Clerk           TIMOTHY A. MARTIN                           Chief Clerk

BRAD OWEN President of the Senate

Approved April 19, 1999 Place Style On Codes above, and Style Off Codes below.	FILED                            April 19, 1999 - 3:13 p.m.
GARY LOCKE Governor of the State of Washington	Secretary of State                  State of Washington

Z-0628.1  _______________________________________________

                    SUBSTITUTE HOUSE BILL 1149

          _______________________________________________

             Passed Legislature - 1999 Regular Session

State of Washington      56th Legislature     1999 Regular Session

By House Committee on Financial Institutions & Insurance (originally sponsored by Representatives Sullivan, Kastama, Lantz, Gombosky, Rockefeller, Linville, Conway, Murray, H. Sommers and Wolfe)

Read first time 02/15/1999.

Filing financial statements under the insurance code.   

    AN ACT Relating to accounting standards under the insurance code; adding a new section to chapter 48.05 RCW; adding a new section to chapter 48.36A RCW; and adding a new section to chapter 48.43 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  A new section is added to chapter 48.05 RCW to read as follows:

    Every insurer holding a certificate of authority from the commissioner shall file its financial statements as required by this code and by the commissioner in accordance with the accounting practices and procedures manuals as adopted by the national association of insurance commissioners, unless otherwise provided by law.

NEW SECTION. Sec. 2.  A new section is added to chapter 48.36A RCW to read as follows:

    Every fraternal benefit society holding a certificate of authority shall file its financial statements as required by this code and by the commissioner in accordance with the accounting practices and procedures manuals as adopted by the national association of insurance commissioners, unless otherwise provided by law.

NEW SECTION. Sec. 3.  A new section is added to chapter 48.43 RCW to read as follows:

    Every health carrier holding a registration from the commissioner shall file its financial statements as required by this code and by the commissioner in accordance with the accounting practices and procedures manuals as adopted by the national association of insurance commissioners, unless otherwise provided by law.

    Passed the House February 22, 1999.

    Passed the Senate April 7, 1999.

Approved by the Governor April 19, 1999.

    Filed in Office of Secretary of State April 19, 1999.