AN ACT REQUIRING A STUDY OF THE FEASIBILITY OF ESTABLISHING A CAPTIVE INSURANCE COMPANY TO PROVIDE FINANCIAL ASSISTANCE TO FARMERS IMPACTED BY THE EFFECTS OF SEVERE WEATHER.
To require that the Insurance Commissioner, in consultation with the Commissioner of Agriculture, conduct a feasibility study for establishing a captive insurance company to provide financial assistance to farmers in the state impacted by the effects of severe weather.
Introduced by:
Insurance and Real Estate Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Raised Bill [doc] |
Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 2/23/2024 | Public Hearing 02/27 | ||
| 2/22/2024 | Referred to Joint Committee on Insurance and Real Estate |
Co-sponsors of HB-5255
Sen. Saud Anwar, 3rd Dist.
Rep. Tom Delnicki, 14th Dist.
Rep. Kerry S. Wood, 29th Dist.
Rep. Jeff Currey, 11th Dist.
Rep. Travis Simms, 140th Dist.
Rep. Joseph P. Gresko, 121st Dist.
Rep. James Sanchez, 6th Dist.
Sen. MD Rahman, 4th Dist.
Sen. Heather S. Somers, 18th Dist.
Rep. Jaime S. Foster, 57th Dist.
Rep. Jason Doucette, 13th Dist.
Rep. Jill Barry, 31st Dist.
Sen. Jeff Gordon, 35th Dist.
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