72nd OREGON LEGISLATIVE ASSEMBLY--2003 Regular Session
 
SA to A-Eng. HB 3630
 
LC 221/HB 3630-A13
 
                      SENATE AMENDMENTS TO
                   A-ENGROSSED HOUSE BILL 3630
 
                    By COMMITTEE ON JUDICIARY
 
                            August 20
 
  On page 1 of the printed A-engrossed bill, line 22, delete '
(4)' and insert '(4)(a)'.
  On page 2, after line 2, insert:
  ' (b) Notwithstanding paragraph (a) of this subsection, the
State Accident Insurance Fund Corporation must make all
reasonable efforts consistent with the goals of sections 1 to 7,
10 to 12 and 14 of this 2003 Act to transfer any assumed
reinsurance liability.'.
  In line 13, after 'Act' insert 'by any appropriate coverage,
which may consist of financial reinsurance,'.
  In line 44, delete 'reinsurance'.
  In line 45, delete 'loss'.
  On page 3, delete lines 24 through 28 and insert:
  '  { +  SECTION 5. + } (1) The Rural Medical Liability
Reinsurance Fund is established separate and distinct from the
General Fund and shall be held by the State Treasurer. The Rural
Medical Liability Reinsurance Fund is established for the purpose
of providing coverage under the reinsurance program established
under section 1 of this 2003 Act. Interest earned by the Rural
Medical Liability Reinsurance Fund shall be credited to the
fund.'.
  In line 33, delete 'paid to the State Treasurer' and insert '
deposited to'.
  In line 36, delete 'reinsurance of medical professional
liability insurance' and insert 'coverage under the reinsurance
program established under section 1 of this 2003 Act'.
  On page 6, line 1, after 'Corporation' insert 'for one year'.
  After line 27, insert:
  '  { +  SECTION 15. + }  { + (1) The Director of the Department
of Consumer and Business Services shall report in the manner
provided by ORS 192.245 to the Seventy-third and Seventy-fourth
Legislative Assemblies on the performance of the program
established under section 1 of this 2003 Act.
  ' (2) The State Accident Insurance Fund Corporation shall
provide all data and other information required by the director
to prepare the reports required under this section. + } ' .
  In line 28, delete '15' and insert '16'.
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