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
Bill History
Date | Chamber | Action |
---|---|---|
12/17/2021 | House |
• Filed |
1/7/2022 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Ways & Means Committee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
1/11/2022 | House |
• 1st Reading (Original Filed Version) |
1/25/2022 | House |
• Added to Insurance & Banking Subcommittee agenda |
1/27/2022 | House |
• Favorable by Insurance & Banking Subcommittee • Reported out of Insurance & Banking Subcommittee • Now in Ways & Means Committee |
2/7/2022 | House |
• Added to Ways & Means Committee agenda |
2/9/2022 | House |
• Favorable by Ways & Means Committee • Reported out of Ways & Means Committee • Now in Commerce Committee |
2/21/2022 | House |
• Added to Commerce Committee agenda |
2/23/2022 | House |
• Favorable with CS by Commerce Committee |
2/25/2022 | House |
• Reported out of Commerce Committee |
2/26/2022 | House |
• Laid on Table under Rule 7.18(a) • CS Filed |
2/28/2022 | House |
• Bill referred to House Calendar • 1st Reading (Committee Substitute 1) • Added to Second Reading Calendar |
3/12/2022 | House |
• Indefinitely postponed and withdrawn from consideration |
3/14/2022 | House |
• Died on Second Reading Calendar |