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AZ HB2091
Bill
Status
2/3/2026
Primary Sponsor
David Livingston
Click for details
AI Summary
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Increases the maximum assessment amounts that the Arizona Department of Insurance can collect from domestic insurers for the financial surveillance fund, with increases of approximately 75% across all asset tiers (e.g., from $22,500 to $39,375 for insurers with over $1 billion in assets)
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Establishes annual inflation adjustments beginning after June 30, 2027, capping increases at the lesser of 2.5% or the average annual change in the metropolitan Phoenix consumer price index
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Maintains the existing tiered assessment structure based on insurers' total admitted assets, with six categories ranging from under $25 million to over $1 billion in assets
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Applies retroactively to assessments from and after December 31, 2025
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Requires a two-thirds vote of both legislative chambers for enactment under Arizona Constitution Article IX, Section 22
Legislative Description
Financial surveillance fund; insurer examinations
Retroactivity
Last Action
Senate read second time
2/25/2026