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Glossary of Legislative Terms

SB 1402: Domestic Surplus Lines Insurers

GENERAL BILL by Burgess

Domestic Surplus Lines Insurers; Providing that specified nonadmitted insurers are eligible to transact insurance as domestic surplus lines insurers under certain circumstances; requiring domestic surplus lines insurers to maintain a minimum surplus amount; authorizing domestic surplus lines insurers to write only surplus lines insurance under a specified circumstance; prohibiting such insurers from simultaneously holding any certificate of authority to operate as admitted insurers; providing exemptions from specified requirements for surplus lines insurance policies issued by such insurers, etc.

Effective Date: 7/1/2022
 Last Action: 3/14/2022 House - Died in Messages
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
1/3/2022 Senate • Filed
1/12/2022 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 125
1/13/2022 Senate • On Committee agenda-- Banking and Insurance, 01/18/22, 3:30 pm, 412 Knott Building
1/18/2022 Senate • Introduced -SJ 125
• Favorable by Banking and Insurance; YEAS 9 NAYS 0 -SJ 210
1/19/2022 Senate • Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
1/21/2022 Senate • On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 01/26/22, 3:30 pm, 110 Senate Building
1/26/2022 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 10 NAYS 0 -SJ 237
1/27/2022 Senate • Now in Appropriations
2/4/2022 Senate • On Committee agenda-- Appropriations, 02/09/22, 9:00 am, 412 Knott Building
2/9/2022 Senate • Favorable by- Appropriations; YEAS 20 NAYS 0 -SJ 364
2/10/2022 Senate • Placed on Calendar, on 2nd reading
2/17/2022 Senate • Placed on Special Order Calendar, 02/23/22 -SJ 451
2/23/2022 Senate • Retained on Calendar
2/28/2022 Senate • Placed on Special Order Calendar, 03/02/22 -SJ 521
3/2/2022 Senate • Read 2nd time -SJ 497
• Amendment(s) adopted (906044) -SJ 505
• Ordered engrossed
• Placed on 3rd reading
3/3/2022 Senate • Read 3rd time -SJ 589
• Passed as amended; YEAS 28 NAYS 8 -SJ 589, 590
3/3/2022 House • In Messages
3/12/2022 House • Indefinitely postponed and withdrawn from consideration
3/14/2022 House • Died in Messages