CS/HB 951 (2022) -  Domestic Surplus Lines Insurers

General Bill by Commerce Committee and Gregory (CO-SPONSORS) Driskell
Domestic Surplus Lines Insurers: Authorizes nonadmitted insurers to transact insurance as domestic surplus lines insurers; requires such insurers to maintain minimum surplus amount; requires such insurers to be deemed eligible surplus lines insurers & to be included in list of eligible surplus lines insurers; authorizes such insurers to write only surplus lines insurance & only under specified circumstance; prohibits such insurers from holding certificate of authority to operate as admitted insurers; authorizes such insurers to write surplus lines insurance in any jurisdiction if specified requirements are met; provides such policies are subject to specified taxes but are not subject to certain other taxes.
Effective Date: July 1, 2022
Last Event: Died on Second Reading Calendar on Monday, March 14, 2022 1:03 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 1402 Subject: Domestic Surplus Lines Insurers Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Commerce Committee 2/25/2022 8:36:39 PM
Chamber: House Committee: Commerce Committee 2/21/2022 5:10:30 PM
Chamber: House Committee: Ways & Means Committee 2/9/2022 11:44:35 AM
Chamber: House Committee: Ways & Means Committee 2/7/2022 4:08:45 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/27/2022 12:36:43 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/25/2022 4:12:08 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died on Second Reading Calendar Time: 03/14/2022 - 1:03 PM Member: Committee: Version: c1
Event: H Indefinitely postponed and withdrawn from consideration Time: 03/12/2022 - 12:00 AM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 02/28/2022 - 11:01 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 02/28/2022 - 11:01 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 02/28/2022 - 9:04 AM Member: Committee: Version: c1
Event: H CS Filed Time: 02/26/2022 - 8:24 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 02/26/2022 - 8:24 AM Member: Committee: Version: __
Event: H Reported out of Commerce Committee Time: 02/25/2022 - 8:37 PM Member: Committee: Commerce Committee Version: __
Event: H Favorable with CS by Commerce Committee Time: 02/23/2022 - 6:50 PM Member: Committee: Commerce Committee Version: __
Event: H Added to Commerce Committee agenda Time: 02/21/2022 - 4:27 PM Member: Committee: Commerce Committee Version: __
Event: H Now in Commerce Committee Time: 02/09/2022 - 11:51 AM Member: Committee: Commerce Committee Version: __
Event: H Reported out of Ways & Means Committee Time: 02/09/2022 - 11:51 AM Member: Committee: Ways & Means Committee Version: __
Event: H Favorable by Ways & Means Committee Time: 02/09/2022 - 11:28 AM Member: Committee: Ways & Means Committee Version: __
Event: H Added to Ways & Means Committee agenda Time: 02/07/2022 - 3:57 PM Member: Committee: Ways & Means Committee Version: __
Event: H Now in Ways & Means Committee Time: 01/27/2022 - 12:37 PM Member: Committee: Ways & Means Committee Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/27/2022 - 12:37 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable by Insurance & Banking Subcommittee Time: 01/27/2022 - 11:27 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/25/2022 - 4:01 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/11/2022 - 9:25 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/07/2022 - 11:44 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 01/07/2022 - 11:44 AM Member: Committee: Commerce Committee Version: __
Event: H Referred to Ways & Means Committee Time: 01/07/2022 - 11:44 AM Member: Committee: Ways & Means Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/07/2022 - 11:44 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 12/17/2021 - 10:17 AM Member: Gregory Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
458.320 SB 1402
459.0085 SB 1402
464.0123 SB 1402, SB 1686
626.914 SB 1402
626.91805 SB 1402
629.401 SB 1402