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S 1262 Idaho Senate · 68th Legislature, 2nd Regular Session (2026)

INSURER INVESTMENTS – Amends existing law to revise provisions regarding miscellaneous insurer investments.

This bill amends Idaho's insurance investment rules to adjust limits on where insurers can invest funds. It sets a new cap: insurers may invest up to 10% of their total assets (or 75% of their capital/surplus, whichever is lower) in non-specific investments, with a single investment limited to 5% of assets. Insurers must also maintain separate records for these investments. The changes apply directly to Idaho insurance companies and take effect July 1, 2026.
Bill status signed all 5 stages cleared
Introduction
Feb 2026
Committee Review
Mar 2026
Senate Passage
Mar 2026
House Passage
Mar 2026
Signed into Law
Mar 2026
Introduced Feb 6, 2026 Signed Mar 30, 2026
Floor votes · Senate Feb 23, 2026 · House Mar 23, 2026

How they voted

34–0
Passed · 2 other
Total votes 36
Feb 23, 2026
D Democratic6
5 Yea 1
83% Yea
R Republican30
29 Yea 1
96% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
16
Key actions
6
Committee
3
Mar 25, 2026
Lower · Passed
Received from Senate; Signed by Speaker; Returned to Senate
lower
Mar 24, 2026
Upper · Passed
Reported enrolled; signed by President; to House for signature of Speaker
upper
Mar 23, 2026
Lower · Passed
Read Third Time in Full – PASSED - 68-0-2AYES – Alfieri, Barbieri, Beiswenger, Bingham, Boyle, Bruce, Burgoyne, Cannon, Cayler, Cheatum, Church, Crane(12), Crane(13), Dygert, Egbert, Ehardt, Ehlers, Erickson, Fuhriman, Furniss, Galaviz, Gannon, Garner, Green, Hall(Stone), Handy, Harris, Hawkins, Haws, Healey, Hill, Holtzclaw, Hostetler, Leavitt, Manwaring, Marmon, Mathias, McCann, Mendive, Mickelsen, Miller, Mitchell, Monks, Nelsen, Palmer, Petzke, Pickett, Pohanka, Price, Rasor, Raybould, R
lower
Mar 19, 2026
Lower · Passed
Reported out of Committee with Do Pass Recommendation, Filed for Second Reading
lower
Feb 23, 2026
Upper · Passed
Read third time in full – PASSED - 33-0-2AYES – Adams, Anthon, Bernt, Bjerke, Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Galloway, Grow, Guthrie, Harris, Keyser, Kohl, Lakey, Lenney, Lent, Nichols, Okuniewicz, Rabe, Ricks, Ruchti, Shippy, Taylor, Toews, VanOrden, Ward-Engelking, Wintrow, Woodward, Zito, ZuiderveldNAYS – NoneAbsent and excused – Hart, SemmelrothFloor Sponsor - GuthrieTitle apvd - to House
upper
Feb 13, 2026
Upper · Passed
Reported out of Committee with Do Pass Recommendation; Filed for second reading
upper
Feb 9, 2026
Committee
Reported Printed; referred to Commerce & Human Resources
upper
Feb 6, 2026
Introduced
Introduced; read first time; referred to JR for Printing
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.