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CS/CS/HB 1263: Office of Insurance Regulation

GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Chaney

Office of Insurance Regulation; Providing that the Office of Insurance Regulation is responsible for all activities concerning entities under its jurisdiction; authorizing the Department of Financial Services and the office to issue and deliver cease and desist orders for certain activities; authorizing the department and the office to seek an injunction for enforcement of such order; removing a provision authorizing the Financial Services Commission to adopt the Market Conduct Examiners Handbook; requiring the Department of Law Enforcement to accept and process fingerprints taken of certain persons; requiring the Department of Law Enforcement and the Federal Bureau of Investigation to conduct certain background checks; authorizing the Department of Law Enforcement to exchange certain records with the office; requiring certain non-United States-based insurance holding company systems to file a group capital calculation report, etc.

Effective Date: 7/1/2026
Last Action: 3/5/2026 Senate - Received
Bill Text: PDF
Senate Committee References:
  1. Rules (RC)



Bill History

Date Chamber Action
1/8/2026 House • Filed
1/13/2026 House • 1st Reading (Original Filed Version)
1/15/2026 House • Referred to Insurance & Banking Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
2/9/2026 House • PCS added to Insurance & Banking Subcommittee agenda
2/11/2026 House • Favorable with CS by Insurance & Banking Subcommittee
2/13/2026 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
2/16/2026 House • Referred to Commerce Committee
• Now in Commerce Committee
2/24/2026 House • Added to Commerce Committee agenda
2/26/2026 House • Favorable with CS by Commerce Committee
2/27/2026 House • Reported out of Commerce Committee
2/28/2026 House • Laid on Table under Rule 7.18(a)
• CS Filed
3/2/2026 House • Bill referred to House Calendar
• Bill added to Special Order Calendar (3/5/2026)
• 1st Reading (Committee Substitute 2)
3/5/2026 House • Read 2nd time
• Amendment 670587 adopted
• Added to Third Reading Calendar
• Read 3rd time
• CS passed as amended; YEAS 109, NAYS 0
3/5/2026 Senate • In Messages
• Referred to Rules
• Received