CS/CS/HB 883: Protected Cell Captive Insurance Companies
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Fabricio ; (CO-INTRODUCERS) Black ; Partington
Protected Cell Captive Insurance Companies; Revises definition of "captive insurance company" to include protected cell captive insurance company; restricts coverage by protected cell captive insurance companies to protected cell participants; provides minimum capital, net assets & surplus requirements for protected cell captive insurance companies; provides requirements for formations of protected cell captive insurance companies; requires assets & liabilities of protected cells to be separate & separately identifiable from general accounts of captive insurance companies & from other protected cells; authorizes assets of different protected cells to be combined for specified purposes; provides procedures for pleadings in legal actions; provides procedures for protected cells for conversion to other forms, disaffiliation from captive insurance companies, & for merging with other protected cells.
- Rules (RC)
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Bill History
Date Chamber Action 12/23/2025 House • Filed
1/5/2026 House • Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice & Claims Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/13/2026 House • 1st Reading (Original Filed Version)
2/9/2026 House • Added to Insurance & Banking Subcommittee agenda
2/11/2026 House • Favorable with CS by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
2/12/2026 House • Referred to Civil Justice & Claims Subcommittee
• Referred to Commerce Committee
• Now in Civil Justice & Claims Subcommittee
2/16/2026 House • Added to Civil Justice & Claims Subcommittee agenda
2/18/2026 House • Favorable by Civil Justice & Claims Subcommittee
• Reported out of Civil Justice & Claims Subcommittee
• Now in Commerce Committee
2/20/2026 House • Added to Commerce Committee agenda
2/24/2026 House • Favorable with CS by Commerce Committee
2/25/2026 House • Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
• Bill referred to House Calendar
• 1st Reading (Committee Substitute 2)
2/26/2026 House • Added to Second Reading Calendar
• Bill added to Special Order Calendar (3/3/2026)
3/3/2026 House • Read 2nd time
• Added to Third Reading Calendar
• Read 3rd time
• CS passed; YEAS 110, NAYS 0
3/3/2026 Senate • In Messages
• Referred to Rules
• Received
3/4/2026 Senate • Withdrawn from Rules
• Placed on Calendar, on 2nd reading
• Substituted for SB 990
• Read 2nd time
• Read 3rd time
• CS passed; YEAS 37 NAYS 0
3/4/2026 House • In Messages
• Ordered enrolled
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CS/CS/HB 883, Enrolled (Current Bill Version) Posted 3/4/2026 at 11:55 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 990 Protected Cell Captive Insurance Companies Leek Identical Last Action: 3/4/2026 S Laid on Table, refer to CS/CS/HB 883 
Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 628.901 Definitions. Page 5 (pdf) 628.905 Licensing; authority. Page 7 (pdf) 628.907 Minimum capital and net assets requirements; restriction on payment of dividends. Page 8 (pdf) 628.908 Surplus requirements; restriction on payment of dividends. Page 9 (pdf) 628.909 Applicability of other laws. Page 10 (pdf) 628.921 Page 10 (pdf) -
CS/CS/HB 883, Committee Substitute 2 Posted 2/25/2026 at 1:20 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 990 Protected Cell Captive Insurance Companies Leek Identical Last Action: 3/4/2026 S Laid on Table, refer to CS/CS/HB 883
Floor Votes (2)
Date Chamber Result 3/3/2026 12:04 PM House 110 Yeas - 0 Nays 3/4/2026 11:12 AM Senate 37 Yeas - 0 Nays Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 628.901 Definitions. Page 5 (pdf) 628.905 Licensing; authority. Page 7 (pdf) 628.907 Minimum capital and net assets requirements; restriction on payment of dividends. Page 8 (pdf) 628.908 Surplus requirements; restriction on payment of dividends. Page 9 (pdf) 628.909 Applicability of other laws. Page 10 (pdf) 628.921 Page 10 (pdf) -
CS/HB 883, Committee Substitute 1 Posted 2/11/2026 at 4:46 PM
Bill Text: PDF Analyses: Civil Justice & Claims Subcommittee (Post-Meeting) 2/18/2026 (pdf)
Commerce Committee (Post-Meeting) 2/25/2026 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 990 Protected Cell Captive Insurance Companies Leek Similar Last Action: 3/4/2026 S Laid on Table, refer to CS/CS/HB 883
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 294395 - Amendment
Remove lines 190-417 and insert:Fabricio 2/23/2026
1:27 PMAdopted without Objection
2/25/2026PDF Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 628.901 Definitions. Page 5 (pdf) 628.905 Licensing; authority. Page 7 (pdf) 628.907 Minimum capital and net assets requirements; restriction on payment of dividends. Page 8 (pdf) 628.908 Surplus requirements; restriction on payment of dividends. Page 9 (pdf) 628.909 Applicability of other laws. Page 10 (pdf) 628.921 Page 10 (pdf) -
HB 883, Original Filed Version Posted 12/23/2025 at 10:27 AM
Bill Text: PDF Analyses: Insurance & Banking Subcommittee (Post-Meeting) 2/11/2026 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 990 Protected Cell Captive Insurance Companies Leek Identical Last Action: 3/4/2026 S Laid on Table, refer to CS/CS/HB 883
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 892381 - Amendment
Remove lines 189-224 and insert:Fabricio 2/10/2026
4:46 PMAdopted without Objection
2/11/2026PDF 394335 - Amendment
Remove line 417 and insert:Fabricio 2/10/2026
4:44 PMAdopted without Objection
2/11/2026PDF Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 628.901 Definitions. Page 5 (pdf) 628.905 Licensing; authority. Page 7 (pdf) 628.907 Minimum capital and net assets requirements; restriction on payment of dividends. Page 8 (pdf) 628.908 Surplus requirements; restriction on payment of dividends. Page 9 (pdf) 628.909 Applicability of other laws. Page 10 (pdf) 628.921 Page 10 (pdf)