2025 bills / H.B. 68
H.B. 68 Insurance Funds Amendments (2025)
- Introduced
- House committee
- House vote
- Senate committee
- Senate vote
- Signed into law
What this bill does
This bill changes the rules for public agency insurance mutuals and reserve funds, which are groups that insure local governments. It clarifies when they are exempt from the Insurance Code, exempts mutuals from the State Money Management Act, lets them create captive insurance companies, and sets rules for how the state treasurer invests their money, with the treasurer investing reserve fund money.
Plain-English summary written by AI from the official description. Check the official text below.
Official description
- defines terms
- clarifies the circumstances under which a public agency insurance mutual or a reserve fund is exempt from the Insurance Code
- exempts a public agency insurance mutual from the State Money Management Act
- authorizes a public agency insurance mutual or reserve fund to create one or more captive insurance companies
- establishes requirements for the state treasurer handling a public agency insurance mutual's or reserve fund's investments
- provides that the state treasurer shall invest the funds of a reserve fund
- makes technical changes
Your legislators on this bill
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Follow H.B. 68
Members ($5 a month) get:
- An alert the day H.B. 68 is put on a committee agenda, with time and room, so you can be there to speak
- When H.B. 68 is rewritten, exactly which words changed
- Its hearings in your own calendar
- Your own scorecard: pick the side you favor and see how every legislator voted
Or start free: A weekly email when H.B. 68 moves: hearings, votes, rewrites, signed or vetoed.
Every vote
- 10 yes, 0 no, 6 absentHouse Business, Labor, and Commerce Committee: vote to change the bill · Feb 10, 2025Who voted how
- 10 yes, 0 no, 6 absentHouse Business, Labor, and Commerce Committee: vote to approve it · Feb 10, 2025Who voted how
- 10 yes, 0 no, 6 absentHouse Business, Labor, and Commerce Committee: Consent Calendar Recommendation · Feb 10, 2025Who voted how
- 66 yes, 1 no, 8 absentFinal House vote · Feb 13, 2025Who voted how
- 4 yes, 0 no, 4 absentSenate Business and Labor Committee: vote to approve it · Feb 20, 2025Who voted how
- 22 yes, 0 no, 7 absentFirst of two Senate votes · Feb 27, 2025Who voted how
- 23 yes, 0 no, 6 absentFinal Senate vote · Feb 28, 2025Who voted how
- 73 yes, 0 no, 2 absentHouse vote to accept the other chamber's changes · Mar 3, 2025Who voted how
Hearings and debates
- Jan 31, 2025 House Business, Labor, and Commerce Committee▶ Watch
- Feb 10, 2025 House Business, Labor, and Commerce Committee▶ Watch
- Feb 13, 2025 House floor debate▶ Watch
- Feb 20, 2025 Senate Business and Labor Committee▶ Watch
- Feb 27, 2025 Senate floor debate▶ Watch
- Feb 28, 2025 Senate floor debate▶ Watch
- Feb 28, 2025 Senate floor debate▶ Watch
- Mar 3, 2025 House floor debate▶ Watch
- Mar 3, 2025 House floor debate▶ Watch