Raised S.B. No. 1038
Session Year 2023
 


AN ACT CONCERNING CAPTIVE INSURANCE COMPANIES.

To: (1) Allow protected cells of captive insurance companies to establish and maintain separate accounts, and transfer risk to such accounts; and (2) exempt dormant captive insurance companies from paying minimum premium tax.

Introduced by:
Insurance and Real Estate Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 6/7/2023Signed by the Governor
 6/6/2023Transmitted by Secretary of the State to Governor
 6/6/2023Transmitted to the Secretary of State
 6/5/2023(LCO)Public Act 23-15
 5/30/2023In Concurrence
 5/30/2023House Passed as Amended by Senate Amendment Schedule A
 5/30/2023House Adopted Senate Amendment Schedule A
 5/19/2023House Calendar Number 553
 5/19/2023Favorable Report, Tabled for the Calendar, House
 5/17/2023On Consent Calendar
 5/17/2023Senate Passed as Amended by Senate Amendment Schedule A
 5/17/2023Senate Adopted Senate Amendment Schedule A 8136
 5/3/2023Favorable Report, Tabled for the Calendar, Senate
 5/3/2023No New File by Committee on Finance, Revenue and Bonding
 5/3/2023(LCO)Reported Out of Legislative Commissioners' Office
 5/3/2023(LCO)Filed with Legislative Commissioners' Office
 5/2/2023(FIN)Joint Favorable
 4/26/2023Referred by Senate to Committee on Finance, Revenue and Bonding
 4/3/2023(LCO)File Number 384
 4/3/2023Senate Calendar Number 220
 4/3/2023Favorable Report, Tabled for the Calendar, Senate
 4/3/2023(LCO)Reported Out of Legislative Commissioners' Office
 3/27/2023(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/03/23 12:00 PM
 3/16/2023(LCO)Filed with Legislative Commissioners' Office
 3/16/2023(INS)Joint Favorable
 2/17/2023Public Hearing 02/21
 2/16/2023Referred to Joint Committee on Insurance and Real Estate

Co-sponsors of SB-1038

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