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AR SB439

Bill

Status

Passed

3/29/2021

Primary Sponsor

Bob Ballinger

Click for details

Origin

Senate

93rd General Assembly (2021 Regular)

AI Summary

  • Amends Arkansas Code § 23-63-1620(k)(6) to replace short-form references with fully defined terms in sponsored captive insurance company insolvency provisions.

  • Amends Arkansas Code § 23-63-1705(b)(2)(B) to clarify investment limitation language for protected cells in captive insurance companies.

  • Repeals Arkansas Code § 23-79-160, which addressed health insurance information requirements for the Health Care Independence Program that ended December 31, 2016.

  • Establishes legislative intent that this act makes only technical, not substantive, changes to the Arkansas Code of 1987 and does not repeal other acts from the 93rd General Assembly regular session.

Legislative Description

To Make Technical Corrections To Title 23 Of The Arkansas Code Concerning Public Utilities And Regulated Industries.

Last Action

Notification that SB439 is now Act 481

3/29/2021

Committee Referrals

Judiciary3/15/2021
State Agencies & Governmental Affairs3/1/2021

Full Bill Text

No bill text available