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SB 42 Enrolled

Providing for the establishment of a web-based online insurance verification system for the verification of evidence of motor vehicle liability insurance, eliminating the requirement that the commissioner of insurance submit certain reports to the governor and requiring certain reports be available on the insurance department's website, removing certain entities from the definition of person for the purpose of enforcing insurance law, requiring that third party administrators maintain separate fiduciary accounts for individual payors and prohibiting the commingling of funds held on behalf of multiple payors, requiring the disclosure to the commissioner of insurance of any bankruptcy petition filed by or on behalf of such administrator pursuant to the United State bankruptcy code, requiring title agents to make their reports available for inspection upon request of the commissioner of insurance instead of submitting such reports annually, standardizing the amount of surety bonds filed with the commissioner of insurance at $100,000 and eliminating the small business exemption in certain counties.

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Legislative Timeline

23 actions
  1. Apr 10, 2025 upper
    Enrolled and presented to Governor on Friday, April 4, 2025
  2. Apr 10, 2025 upper
    Approved by Governor on Tuesday, April 8, 2025
  3. Mar 27, 2025 lower
    Conference committee report now available
  4. Mar 27, 2025 lower
    Conference Committee Report was adopted; Yea 124, Nay 1
  5. Mar 27, 2025 upper
    Conference Committee Report was adopted; Yea 39, Nay 1
  6. Mar 19, 2025 lower
    Motion to accede adopted; Rep. Bill Sutton, Rep. Brian Bergkamp and Rep. Cindy Neighbor appointed as conferees
  7. Mar 18, 2025 upper
    Nonconcurred with amendments; Conference Committee requested; appointed Sen. Brenda Dietrich, Sen. Michael Fagg and Sen. Marci Francisco
  8. Mar 17, 2025 lower
    Final Action - Passed as amended; Yea 102, Nay 20, Absent 3
  9. Mar 14, 2025 lower
    Committee of the Whole - Committee Report be adopted
  10. Mar 14, 2025 lower
    Committee of the Whole - Be passed as amended
  11. Mar 7, 2025 lower
    Committee Report recommending bill be passed as amended by House Committee on Insurance
  12. Feb 25, 2025 lower
    Received and Introduced
  13. Feb 25, 2025 lower
    Referred to House Committee on Insurance
  14. Feb 19, 2025 upper
    Committee of the Whole - Committee Report be adopted
  15. Feb 19, 2025 upper
    Committee of the Whole - Motion to Amend - Offered by Sen. Brenda Dietrich
  16. Feb 19, 2025 upper
    Committee of the Whole - Amendment by Sen. Brenda Dietrich was adopted
  17. Feb 19, 2025 upper
    Committee of the Whole - Motion to Amend - Offered by Sen. Kenny Titus
  18. Feb 19, 2025 upper
    Committee of the Whole - Amendment by Sen. Kenny Titus was adopted
  19. Feb 19, 2025 upper
    Committee of the Whole - Be passed as further amended
  20. Feb 19, 2025 upper
    Emergency Final Action - Passed as amended; Yea 38, Nay 2
  21. Feb 17, 2025 upper
    Committee Report recommending bill be passed as amended by Senate Committee on Financial Institutions and Insurance
  22. Jan 22, 2025 upper
    Referred to Senate Committee on Financial Institutions and Insurance
  23. Jan 21, 2025 upper
    Introduced
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