House Status:
Senate Status:
Senate Status:
Minutes for HB2334 - Committee on Financial Institutions and Insurance
Short Title
Updating certain terms, conditions and definitions to the captive insurance act, providing for provisional certificates of authority, incorporated cell insurance companies and protected cell captive insurance companies.
Minutes Content for Tue, Mar 18, 2025
Chairperson Dietrich brought forward HB2334 to be worked. Revisor Eileen Ma gave a brief review of the bill. An amendment was requested by the Department of Insurance to unstrike the words "accident and health." (Attachment 4)
Senator Gossage moved to pass out the amendment favorably. Senator Kloos seconded. Motion passed.
Senator Fagg offered an amendment to change the effective date of the bill. (Attachment 5)
Senator Fagg moved the amendment. Senator Rose seconded. Motion passed.
Senator Gossage moved to pass out HB2334 favorably as amended. Motion passed.
