Relating to captive insurance companies, and including applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 27, 2023
2. ✓
   Done: SubcommitteeFebruary 28, 2023
3. ✓
   Done: Senate committeeMarch 2, 2023
4. ✓
   Done: Passes the SenateMarch 14, 202347–0
5. ✓
   Done: House committeeApril 10, 2023
6. ✓
   Done: Passes the HouseApril 13, 202399–0
7. ✓
   Done: To the GovernorMay 11, 2023
8. ✓
   Done: Signed into lawJune 1, 2023

Became SF 509 → Its progress continues under the new number. Go to SF 509 What’s a funnel?

Senate subcommittee

Named February 28, 2023. On March 2, 2023 it recommended passage. [].

• Sen. Mike Bousselot REmail
• Sen. Janet Petersen DEmail
• Sen. David D. Rowley REmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Fiscal note

The introduction of captive insurance companies to the State and the tax on premiums of captive insurance will increase General Fund revenue; however, the amount cannot be determined. The Bill also reduces the applicable percent for the net taxable premiums, which would reduce General Fund revenue by the amounts estimated in Figure 1.

• Final Fiscal Note — Captive Insurance · May 17, 2023
• Captive Insurance · April 24, 2023
• Captive Insurance · March 21, 2023

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.