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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.

Effective Date: 7/1/2022
Last Action: 3/14/2022 House - Died on Second Reading Calendar
Bill Text: PDF

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  • 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    3/12/2022 House • Indefinitely postponed and withdrawn from consideration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

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  • CS/HB 951, Committee Substitute 1 (Current Bill Version) Posted 2/26/2022 at 8:24 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1402 (e1) Domestic Surplus Lines Insurers Burgess Similar Last Action: 3/14/2022 H Died in Messages

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    458.320 Financial responsibility. Page 7 (pdf)
    459.0085 Financial responsibility. Page 8 (pdf)
    464.0123 Autonomous practice by an advanced practice registered nurse. Page 10 (pdf)
    626.914 Definitions. Page 2 (pdf)
    626.91805 Page 4 (pdf)
    629.401 Insurance exchange. Page 11 (pdf)

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  • HB 951, Original Filed Version Posted 12/17/2021 at 10:17 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 1/27/2022 (pdf)
    Ways and Means Committee (Post-Meeting) 2/9/2022 (pdf)
    Commerce Committee (Post-Meeting) 2/25/2022 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1402 Domestic Surplus Lines Insurance Burgess Compare Last Action: 3/14/2022 H Died in Messages

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    198569 - Amendment
    Remove lines 55-229 and insert:
    Gregory 2/22/2022
    9:40 PM
    Adopted without Objection
    2/23/2022
    PDF

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    458.320 Financial responsibility. Page 6 (pdf)
    459.0085 Financial responsibility. Page 7 (pdf)
    464.0123 Autonomous practice by an advanced practice registered nurse. Page 9 (pdf)
    626.914 Definitions. Page 2 (pdf)
    626.91805 Page 3 (pdf)
    629.401 Insurance exchange. Page 10 (pdf)

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