Relates to mortgage guaranty insurance
Summary
Relates to mortgage guaranty insurance; allows for withdrawals from the contingency reserve if the superintendent determines that such withdrawals will not be harmful to policy holders.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Jun 2026
Senate Passage
Jun 2026
Assembly Passage
Governor
Introduced Feb 20, 2025
Last action Jun 3, 2026
Floor votes · Senate Jun 3, 2026
How they voted
61–0
Passed · 2 other
Total votes 63
Jun 3, 2026
D
Democratic41
95% Yea
R
Republican22
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
12
Key actions
1
Committee
4
Jun 3, 2026
Committee
REFERRED TO INSURANCE
lower
Jun 3, 2026
Upper · Passed
PASSED SENATE
upper
Jan 7, 2026
Committee
REFERRED TO INSURANCE
upper
Jun 13, 2025
Committee
COMMITTED TO RULES
upper
Feb 20, 2025
Committee
REFERRED TO INSURANCE
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jamaal Bailey
DDemocratic/Working Families
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