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Georgia General Assembly > Legislation
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2017-2018 Regular Session - SB 173
Captive Insurance Companies; provisions; extensively revise
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Sponsored In House By
First Reader Summary
A BILL to be entitled an Act to amend Chapter 41 of Title 33 of the O.C.G.A., relating to captive insurance companies, so as to extensively revise certain provisions; to provide for change and revision of certain definitions; to provide for scope of provisions and lines of businesses a captive insurance company may engage to add an agency captive insurance company with certain restrictions; to change certificate of authority requirements; to provide for board of managers; to provide for captive corporate organization requirements making certain captives subject to Title 14; to provide for certain exemptions; to provide for exceptions, fees, and articles of incorporation requirements; to provide for powers and requirements by the Commissioner; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Jul/01/2017 - Effective Date
May/09/2017 - Act 246
May/09/2017 - Senate Date Signed by Governor
Apr/03/2017 - Senate Sent to Governor
Mar/20/2017 - House Passed/Adopted
Mar/20/2017 - House Third Readers
Mar/16/2017 - House Postponed
Mar/09/2017 - House Committee Favorably Reported
Mar/09/2017 - House Second Readers
Mar/06/2017 - House First Readers
Mar/03/2017 - Senate Passed/Adopted By Substitute
Mar/03/2017 - Senate Third Read
Feb/24/2017 - Senate Read Second Time
Feb/23/2017 - Senate Committee Favorably Reported By Substitute
Feb/15/2017 - Senate Read and Referred
Feb/14/2017 - Senate Hopper
3/16/2017 Postponed until 3/20/2017
Mar/20/2017 - House Vote #289Yea(164)Nay(2)NV(4)
Mar/03/2017 - Senate Vote #154Yea(51)Nay(0)NV(3)
Past Versions