Assembly Bill 1417 (Waters – 1953)
Chapter 1732, Statutes of 1953
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As enacted Assembly Bill 1417 amended Insurance Code section 1640 and added section 1660.5 to the Insurance Code. (See Exhibit #1d) Assembly member Laughlin E. Waters introduced the bill on January 14, 1953 at the request of the Department of Insurance. (See Exhibits #1a; #2; and #4, document PE-2)
Assembly Bill 1417 was assigned to the Assembly Committee on Finance and Insurance and the Senate Committee on Financial Institutions where policy issues raised by the bill were considered. (See Exhibit #2) One amendment was made to Assembly Bill 1417 during the legislative process. (See Exhibits #1b and #2) Subsequent to legislative approval, Governor Goodwin J. Knight signed the bill on July 7, 1953, and it was recorded by the Secretary of State on July 8, 1953 as Chapter 1732 of the Statutes of 1953. (See Exhibits #1c, #1d and #2)
Neither of the committees hearing this bill nor its author left documentation surviving upon its consideration. Given these circumstances, we found that the post-enrollment legislative bill file for the Governor regarding Assembly Bill 1417 provides the most useful documents. (See generally, Exhibit #4) Through the
materials located in the Governor’s file we are able to gain some insight into the intent of the legislation. The information in these materials was presumably presented to the legislature by the writers who were participants in the legislative process.
The Legislative Counsel analysis of Assembly Bill 1417 described the bill as follows:
Authorizes person licensed as an insurance broker to act as an insurance agent in collecting and transmitting premium or return premium funds and in delivering policies or other documents evidencing insurance without being licensed as such.
(See Exhibit #4, document PE-4)