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CS/SB 830: Regulation of Corporation Not for Profit Self-insurance Funds

GENERAL BILL by Banking and Insurance ; Simmons

Regulation of Corporation Not for Profit Self-insurance Funds; Revising the requirements to form a corporation not for profit self-insurance fund; limiting the authorization to form such fund to corporations not for profit located in and organized under the laws of this state before a specified date; authorizing certain publicly supported organizations to be a participating member of a corporation not for profit self-insurance fund; specifying requirements for such members; requiring the Office of Insurance Regulation to review and take specified action against funds that do not meet certain requirements, etc.

Effective Date: 7/1/2015
Last Action: 5/1/2015 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    2/11/2015 Senate • Filed
    2/20/2015 Senate • Referred to Banking and Insurance; Commerce and Tourism; Fiscal Policy -SJ 88
    2/27/2015 Senate • On Committee agenda-- Banking and Insurance, 03/04/15, 1:00 pm, 110 Senate Office Building --Temporarily Postponed
    3/3/2015 Senate • Introduced -SJ 88
    3/5/2015 Senate • On Committee agenda-- Banking and Insurance, 03/10/15, 1:30 pm, 110 Senate Office Building --Temporarily Postponed
    3/12/2015 Senate • On Committee agenda-- Banking and Insurance, 03/17/15, 9:00 am, 110 Senate Office Building --Temporarily Postponed
    3/18/2015 Senate • On Committee agenda-- Banking and Insurance, 03/23/15, 1:30 pm, 110 Senate Office Building
    3/23/2015 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 259
    3/25/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Commerce and Tourism -SJ 259
    3/31/2015 Senate • CS by Banking and Insurance read 1st time -SJ 270
    4/8/2015 Senate • On Committee agenda-- Commerce and Tourism, 04/13/15, 4:00 pm, 110 Senate Office Building --Temporarily Postponed
    5/1/2015 Senate • Died in Commerce and Tourism

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  • CS/SB 830, Committee Substitute 1 (Current Bill Version) Posted 3/25/2015 at 12:33 PM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 4/10/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 405 (c1) Regulation of Not-for-profit Self-insurance Funds LaRosa Similar Last Action: 4/28/2015 H Died in Regulatory Affairs Committee
    Location: In committee/council (RAC)

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    624.4625 Corporation not for profit self-insurance funds. Page 1 (pdf)

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  • SB 830, Original Filed Version Posted 2/11/2015 at 9:09 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/2/2015 (pdf)
    Banking and Insurance (Post-Meeting) 3/25/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 405 (c1) Regulation of Not-for-profit Self-insurance Funds LaRosa Similar Last Action: 4/28/2015 H Died in Regulatory Affairs Committee
    Location: In committee/council (RAC)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    259754 - Amendment
    Delete lines 10 - 27 and insert:
    Banking and Insurance
    (Simmons)
    3/23/2015
    1:06 PM
    (Late Filed)
    Replaced by Committee Substitute
    3/23/2015
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/23/2015 1:30 PM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    624.4625 Corporation not for profit self-insurance funds. Page 1 (pdf)

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