relative to pooled risk management programs.

The definition of 'Administration' was broadened to explicitly include salaries, benefits, facilities, and wellness programs, whereas the original version was more limited to processing and settlement services.

The definition of 'Contingency reserves' was updated to require that surplus be retained for the upcoming plan year plus the following two years, increasing the required financial buffer.

A new requirement was added mandating that pooled risk management programs make annual informational filings with the Department of State to ensure public transparency.

A new process was established where an advisory committee must first review disputes regarding the reasonableness of administrative expenses before the Secretary of State can intervene.

The Senate added a new section specifically for technical corrections to the chapter and reorganized the entire chapter structure from a series of amendments to a full repeal and reenactment.