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HB1020Introduced in the House

Insurance Department Fraud Detection Trust Fund; rename Insurance Department Fund and redesignate as a special fund.

Failed

Introduced by Jerry Turner, District 18

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

An Act To Create The Insurance Department Fraud Detection Trust Fund As A Special Fund In The State Treasury; To Amend Sections 83-2-33 And 83-5-72, Mississippi Code Of 1972, To Rename The Insurance Department Fund As The "insurance Department Fraud Detection Trust Fund"; To Increase The Maximum Contributions From Property And Casualty Insurance Companies, Life, Health And Accident Insurance Companies, And Health Maintenance Organizations Which May Be Deposited Into The Special Fund; To Delete The Requirement That Monies Collected From These Companies Be Deposited Into The State General Fund And That Expenses Of The Department Of Insurance Be Defrayed By State General Fund Appropriations; And For Related Purposes.

Where it stands

Died In Committee

February 3, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Referred To Insurance;Appropriations A

  2. DR - TSDP: IN To AP

  3. Died In Committee

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