Provide statutory appropriation of reinsurance program assessments
This bill revises state law to provide a continuous, automatic funding mechanism for the state's reinsurance program. It designates assessments collected from members of the reinsurance association, along with any earned interest, as statutorily appropriated. This means these funds can be spent by the program's administrator, the commissioner, without requiring new legislative approval each budget cycle. The money is specifically for covering the administration, operation, and claims expenses of the reinsurance program.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2025
House Passage
May 2025
Senate Passage
May 2025
Signed into Law
May 2025
Introduced Jan 22, 2025
Signed May 16, 2025
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HB0281_X(1).pdf
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Removed a trailing period from the end of the bill title.
Floor votes · Senate Apr 24, 2025 · House Feb 13, 2025
How they voted
43–7
Passed
Total votes 50
Apr 24, 2025
D
Democratic18
100% Yea
R
Republican32
78% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
41
Key actions
9
Committee
6
May 12, 2025
Signed into law
(H) Signed by Governor
lower
May 2, 2025
Upper · Passed
(S) Signed by President
upper
May 1, 2025
Lower · Passed
(H) Signed by Speaker
lower
Apr 24, 2025
Senate · Passed
Senate Vote: pass (43-7)
senate
Apr 15, 2025
Upper · Passed
(S) Committee Report - (S) Finance and Claims
upper
Apr 14, 2025
Upper · Passed
(S) Committee Executive Action - (S) Finance and Claims
upper
Feb 14, 2025
Committee
(S) Referred to Committee - (S) Finance and Claims
upper
Feb 13, 2025
House · Passed
House Vote: pass (99-0-1)
house
Feb 4, 2025
Lower · Passed
(H) Committee Report - (H) Appropriations
lower
Feb 3, 2025
Lower · Passed
(H) Committee Executive Action - (H) Appropriations
lower
Jan 23, 2025
Committee
(H) Referred to Committee - (H) Appropriations
lower
Jan 22, 2025
Introduced
(H) Introduced
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ken Walsh
RRepublican
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