(Feb. 9, 2023) – Today, the Senate took up the following legislation listed on General Orders:

Senate Bill 14 – Concerning insurance; relating to risk-based capital requirements; updating the version of instructions in effect

Senate Bill 15 – Concerning insurance; relating to penalties; failure of agents or brokers to pay premiums; removing the requirement of a documented written demand for premiums as part of a prima facie case

Senate Bill 17 – Concerning insurance; relating to prepaid service plans; certificates of registration; discontinuing annual registration fees for such plans; modifying the requirement to report individuals who solicit memberships on behalf of such plans from semi-annually to annually and upon application for registration

Senate Bill 25 – Concerning insurance; relating to premium tax; decreasing such tax rate imposed from 6 percent to 3 percent on surplus lines insurance

Senate Bill 26 – Concerning insurance; relating to health maintenance organizations and Medicare provider organizations; applications for certificates of authority; specifying certain requirements necessary to demonstrate fiscal soundness.

Senate Bill 19 – Concerning insurance; relating to premium tax; adjusting the basis upon which certain premium tax calculations are made; requiring such premium taxes to be paid 90 days after each calendar year and basing such premium taxes upon the gross premiums collected for the previous calendar year

Senate Bill 42 – Concerning certain claims against the state; making appropriations; authorizing certain transfers; imposing certain restrictions and limitations; directing or authorizing certain disbursements, procedures and acts incidental to the foregoing

Once each of the bills receive a final vote by the full Senate, they will head to the House for further review.