From official state and federal legislative records. Informational only, not legal advice.
Halfway — passed one chamber
One of the two groups of lawmakers voted yes. Now the other group gets to vote.
Next: the other chamber takes it up — committee first, then a vote.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Prohibits corporation from issuing or renewing coverage for commercial residential & commercial nonresidential risks & from imposing equalization adjustment; requires corporation to implement commercial lines clearinghouse; authorizes corporation to share risk exposure & policy information with commercial lines clearinghouse administrator; authorizes approved surplus lines clearinghouse insurers to participate in commercial lines clearinghouse; prohibits such insurers from participating in personal lines clearinghouse; authorizes OIR to review certain operational processes related to program.