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HB2955Introduced in the House

Insurance; Oklahoma Captive Insurance Company Act; protected cell; conversion; sponsored captive insurance company; legal action; effective date.

Engrossed

Introduced by Jason Blair, District 53

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

Insurance; Oklahoma Captive Insurance Company Act; protected cell; conversion; sponsored captive insurance company; legal action; effective date.

Where it stands

Placed on General Order

April 28, 2026

How did lawmakers vote?

House votes

3 recorded votes · each counted separately

Senate votes

1 recorded vote · each counted separately

SenateStage: Senate: Business & Insurance Committee: DO PASS · April 23, 2026

8

Yes

0

No

0

Absent or Not Voting

8 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. First Reading

  2. Authored by Representative Tedford

  3. Remove Representative Tedford as principal House author and substitute with Representative Blair

  4. Second Reading referred to Rules

  5. Withdrawn from Rules Committee

  6. Referred to Commerce and Economic Development Oversight

  7. Referred to Insurance

  8. Policy recommendation to the Commerce and Economic Development Oversight committee; Do Pass Insurance

  9. Coauthored by Representative(s) Tedford

  10. CR; Do Pass, amended by committee substitute Commerce and Economic Development Oversight Committee

  11. General Order

  12. Authored by Senator Reinhardt (principal Senate author)

  13. Third Reading, Measure passed: Ayes: 88 Nays: 4

  14. Referred for engrossment

  15. Engrossed, signed, to Senate

  16. First Reading

  17. Second Reading referred to Business and Insurance

  18. Reported Do Pass Business and Insurance committee; CR filed

  19. Placed on General Order

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