Banking, Commerce and Insurance Committee, Nebraska State Legislature

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Nebraska State Senate
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Senate Committees

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The Banking, Commerce and Insurance Committee is a standing committee of the Nebraska Unicameral Legislature. Per Legislature Rule 3, the committee is made up of eight members.[1]

Per Rule 3 of the Unicameral Rules, committees in the Nebraska Legislature are appointed biennially by a thirteen-member select Committee on Committees with approval from the Legislature at-large. The Committee, which itself is elected by the whole Legislature at the beginning of a legislative session following an election, is responsible for submitting a preliminary report of appointments, then on the following day a final report to be voted on by the Legislature. If a final report is not passed, it is returned to the Committee for alterations.[2] During the session, vacancies are filled by the Committee on Committees unless provided for otherwise. Between sessions, vacancies are filled by a vote of the Executive Board.[3] The Speaker is not allowed to serve on a standing committee, but is to serve on the Rules Committee ex officio.[4]

DocumentIcon.jpg See rules: Rules of the Nebraska Unicameral Legislature

Function

The Banking, Commerce and Insurance Committee is responsible for processing legislation involving the following subject areas:
  • Banking (Financial Institutions)
  • banks; banking practices
  • Department of Banking and Finance
  • credit unions
  • building and loan associations
  • loans; interest; consumer credit; Nebraska Installment Sales Act
  • industrial loan and investment companies
  • public funds; investment; deposit
  • public bodies; authorities; issue bonds
  • Commerce
  • Uniform Commercial Code; trust administration; partnerships; corporations; limited liability companies; :*business trusts; securities; busienss entities
  • real estate; Real Estate Commission; abstracters; deeds
  • financial acts; economic development; Nebraska Investment Finance Authority
  • commercial development; trade
  • public accountancy; warranties; franchises
  • trade names and practices
  • Insurance
  • insurance companies; agents and brokers; guaranty associations
  • Department of Insurance; administration
  • policies; coverage; types of insurance; actions; liability
  • risk management
  • health maintenance organization[5][6]

Members

2013-2014

The following table describes committee membership at the beginning of the 2013 legislative session.

Banking, Commerce and Insurance Members, 2013
Democratic members (0)Republican members (0)Third-party members (8)
Mike Gloor, Chair
Mark Christensen, Vice Chair
Kathy Campbell
Tom Carlson
Sue Crawford
Sara Howard
Pete Pirsch
Paul Schumacher

2011-2012

External links

References