CS/HB 951: Domestic Surplus Lines Insurers
GENERAL BILL by Commerce Committee ; Gregory ; (CO-INTRODUCERS) Driskell
Domestic Surplus Lines Insurers; Authorizes nonadmitted insurers to transact insurance as domestic surplus lines insurers; requires such insurers to maintain minimum surplus amount; requires such insurers to be deemed eligible surplus lines insurers & to be included in list of eligible surplus lines insurers; authorizes such insurers to write only surplus lines insurance & only under specified circumstance; prohibits such insurers from holding certificate of authority to operate as admitted insurers; authorizes such insurers to write surplus lines insurance in any jurisdiction if specified requirements are met; provides such policies are subject to specified taxes but are not subject to certain other taxes.
Last Action: 3/14/2022 House - Died on Second Reading Calendar
Bill Text: PDF
• Referred to Insurance & Banking Subcommittee
• Referred to Ways & Means Committee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
• 1st Reading (Original Filed Version)
• Added to Insurance & Banking Subcommittee agenda
• Favorable by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
• Now in Ways & Means Committee
• Added to Ways & Means Committee agenda
• Favorable by Ways & Means Committee
• Reported out of Ways & Means Committee
• Now in Commerce Committee
• Added to Commerce Committee agenda
• Favorable with CS by Commerce Committee
• Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
• Bill referred to House Calendar
• 1st Reading (Committee Substitute 1)
• Added to Second Reading Calendar
• Indefinitely postponed and withdrawn from consideration
• Died on Second Reading Calendar
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