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AI Summary: The bill aims to stop payments to specific group-funded insurance pools, refund any remaining balances, and eliminate these funds. It also proposes the creation of a refund fund for these group-funded pools. Additionally, the bill suggests changes in how premium tax calculations are determined. This legislation seeks to restructure insurance funding mechanisms and adjust premium tax calculations for certain group-funded insurance pools.
Latest Action: House Introduced
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Actions (20):
2023-01-19 : House Introduced
2023-01-19 : House Referred to Committee on Insurance
2023-02-06 : House Hearing: Monday, February 6, 2023, 3:30 PM Room 218-N
2023-02-09 : House Committee Report recommending bill be passed by Committee on Insurance
2023-02-16 : House Committee of the Whole - Be passed
2023-02-16 : House Emergency Final Action - Passed; Yea: 120 Nay: 1
2023-02-17 : Senate Received and Introduced
2023-02-20 : Senate Referred to Committee on Financial Institutions and Insurance
2023-03-01 : Senate Hearing: Wednesday, March 1, 2023, 9:30 AM Room 546-S
2023-03-15 : Senate Committee Report recommending bill be passed as amended by Committee on Financial Institutions and Insurance
2023-03-22 : Senate Committee of the Whole - Committee Report be adopted
2023-03-22 : Senate Committee of the Whole - Be passed as amended
2023-03-23 : Senate Final Action - Passed as amended; Yea: 38 Nay: 0
2023-03-27 : House Nonconcurred with amendments; Conference Committee requested; appointed Representative Sutton , Representative Penn and Representative Neighbor as conferees
2023-03-28 : Senate Motion to accede adopted; Senator Longbine, Senator Fagg and Senator Holscher appointed as conferees
2023-04-05 : Senate Conference committee report now available
2023-04-05 : Senate Conference Committee Report was adopted; Yea: 40 Nay: 0
2023-04-05 : House Conference Committee Report was adopted; Yea: 122 Nay: 1
2023-04-24 : House Enrolled and presented to Governor on Friday, April 14, 2023
2023-04-24 : House Approved by Governor on Wednesday, April 19, 2023
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