republic-os/legislation/us/states/co/2017a/hb-17-1231.md

---
type: "Bill"
title: "Market Conduct Examinations Insurance Companies"
description: "Under current law, the commissioner of insurance (commissioner) is authorized to conduct financial examinations and market conduct examinations of companies engaged in the insurance business in Colorado. Financial examinations, which the commissioner conducts on every company domiciled in Colorado once every 5 years, are intended to ensure that regulated insurance companies have proper corporate governance and internal controls and are able to pay claims. Market conduct examinations are intended to ensure that regulated insurance companies are complying with applicable laws and rules and that policyholders, providers, and beneficiaries are treated equitably. Statutes pertaining to both financial examinations and market conduct examinations are intertwined and, in some cases, overlap and conflict."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2017A"
identifier: "HB 17-1231"
citation: "Colorado HB 17-1231 (2017A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Jack Tate", "Jeni Arndt", "Jim Smallwood", "Polly Lawrence"]
version_count: 14
action_count: 15
vote_count: 6
first_action: "2017-03-06T07:00:00+00:00"
last_action: "2017-06-01T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/40ade45f-2569-4871-aef3-c04fee646d23"
source_url: "http://leg.colorado.gov/bills/hb17-1231"
source_hash: "46402f4cbcd3b9281eca9ca15a263c4821f21d979f68318af2b91e8cd021ae27"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado HB 17-1231 (2017A) — Market Conduct Examinations Insurance Companies

Under current law, the commissioner of insurance (commissioner) is authorized to conduct financial examinations and market conduct examinations of companies engaged in the insurance business in Colorado. Financial examinations, which the commissioner conducts on every company domiciled in Colorado once every 5 years, are intended to ensure that regulated insurance companies have proper corporate governance and internal controls and are able to pay claims. Market conduct examinations are intended to ensure that regulated insurance companies are complying with applicable laws and rules and that policyholders, providers, and beneficiaries are treated equitably. Statutes pertaining to both financial examinations and market conduct examinations are intertwined and, in some cases, overlap and conflict.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Amendment L.001** (committee substitute) — [source](http://coga.prod.acquia-sites.com/sites/default/files/html-attachments/h_bus_2017a_20170330t143658z4__hearing_summary/170330%20AttachD.pdf)
2. **Amendment L.003** (committee substitute) — [source](http://coga.prod.acquia-sites.com/sites/default/files/html-attachments/s_sa_2017a_20170508t153319z0__hearing_summary/17SenateState0508AttachA.pdf)
3. **Amendment L.004** (committee substitute) — [source](http://coga.prod.acquia-sites.com/sites/default/files/html-attachments/s_sa_2017a_20170508t153319z0__hearing_summary/17SenateState0508AttachB.pdf)
4. **Amendment L.005** (committee substitute) — [source](http://coga.prod.acquia-sites.com/sites/default/files/html-attachments/s_sa_2017a_20170508t153319z0__hearing_summary/17SenateState0508AttachC.pdf)
5. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017a/bills/cr/2017A_HB1231_H_BUS_001.pdf)
6. **Engrossed (04/03/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231_eng.pdf)
7. **Final Act (05/19/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231_enr.pdf)
8. **Introduced (03/06/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231_01.pdf)
9. **PA1 (03/31/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231bus_01.pdf)
10. **PA2 (05/09/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231ssta_01.pdf)
11. **Reengrossed (04/04/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231_ren.pdf)
12. **Rerevised (05/10/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231_rer.pdf)
13. **Revised (05/09/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231_rev.pdf)
14. **Signed Act (06/01/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_1231_signed.pdf)

## Votes

- Adopt amendment L.001 (Attachment D). The motion passed without objection. — **0–0** (pass) · legislature
- Refer House Bill 17-1231, as amended, to the Committee of the Whole. The motion passed on a vote of 4-1. — **4–1** (pass) · legislature
- Adopt amendment L.003 (Attachment A) The motion passed without objection. — **0–0** (pass) · legislature
- Refer House Bill 17-1231, as amended, to the Committee of the Whole. The motion passed on a vote of 11-0. — **11–0** (pass) · legislature
- Adopt amendment L.005 (Attachment C). The motion passed on a vote of 3-2. — **3–2** (pass) · legislature
- Adopt amendment L.004 (Attachment B). The motion passed on a vote of 3-2. — **3–2** (pass) · legislature

## Sponsors

- Jack Tate — primary (person)
- Jeni Arndt — primary (person)
- Jim Smallwood — primary (person)
- Polly Lawrence — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-06-01T06:00:00+00:00** Governor Signed `executive-signature`
- **2017-05-22T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2017-05-19T06:00:00+00:00** Signed by the Speaker of the House
- **2017-05-19T06:00:00+00:00** Signed by the President of the Senate
- **2017-05-10T06:00:00+00:00** House Considered Senate Amendments - Result was to Concur - Repass
- **2017-05-10T06:00:00+00:00** Senate Third Reading Passed - No Amendments `reading-3, passage`
- **2017-05-09T06:00:00+00:00** Senate Second Reading Special Order - Passed with Amendments - Committee, Floor
- **2017-05-08T06:00:00+00:00** Senate Committee on State, Veterans, & Military Affairs Refer Amended to Senate Committee of the Whole `referral-committee, committee-passage`
- **2017-05-04T06:00:00+00:00** Senate Committee on State, Veterans, & Military Affairs Witness Testimony and/or Committee Discussion Only
- **2017-04-21T06:00:00+00:00** Introduced In Senate - Assigned to State, Veterans, & Military Affairs `introduction`
- **2017-04-04T06:00:00+00:00** House Third Reading Passed - No Amendments `reading-3, passage`
- **2017-04-03T06:00:00+00:00** House Second Reading Passed with Amendments - Committee `reading-2`
- **2017-03-30T06:00:00+00:00** House Committee on Business Affairs and Labor Refer Amended to House Committee of the Whole `referral-committee, committee-passage`
- **2017-03-23T06:00:00+00:00** House Committee on Business Affairs and Labor Witness Testimony and/or Committee Discussion Only
- **2017-03-06T07:00:00+00:00** Introduced In House - Assigned to Business Affairs and Labor `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/40ade45f-2569-4871-aef3-c04fee646d23`. Confidence: reported (aggregated from official Colorado legislature records).