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SB503Introduced in the Senate

Eliminates the Account for the Regulation and Supervision of Captive Insurers in the Fund for Insurance Administration and Enforcement. (BDR 57-1236)

Passed

Introduced by Finance

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 relating to insurance; eliminating the Account for the Regulation and Supervision of Captive Insurers in the Fund for Insurance Administration and Enforcement; and providing other matters properly relating thereto.

Where it stands

Chapter 516. (Effective July 1, 2025)

June 11, 2025

How did lawmakers vote?

Assembly votes

1 recorded vote · each counted separately

Senate votes

1 recorded vote · each counted separately

AssemblyStage: Assembly Final Passage · June 2, 2025

42

Yes

0

No

0

Absent or Not Voting

42 assemblymembers recorded in this Assembly vote. Colors show vote categories only, not whether a vote was good or bad.

See how each assemblymember voted

Bill history

  1. Read first time. Referred to Committee on Commerce and Labor. To printer.

  2. From printer. To committee.

  3. From committee: Do pass.

  4. Placed on Second Reading File.

  5. Read second time.

  6. Read third time. Passed. Title approved. (Yeas: 20, Nays: None, Excused: 1.) To Assembly.

  7. In Assembly.

  8. Read first time. Referred to Committee on Ways and Means. To committee.

  9. From committee: Do pass.

  10. Placed on Second Reading File.

  11. Read second time.

  12. Read third time. Passed. Title approved. (Yeas: 42, Nays: None.) To Senate.

  13. In Senate.

  14. To enrollment.

  15. Enrolled and delivered to Governor.

  16. Approved by the Governor.

  17. Chapter 516. (Effective July 1, 2025)

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