l9n/ Mississippi

2025 Regular Session

House Bill 1172

Holding Company Act; amend to include group capital calculation and liquidity stress test requirements to.

Did not become law. It stopped in the House of Representatives's Insurance Committee on February 4, 2025. The 2025 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTIONS 83-6-1, 83-6-3, 83-6-5, 83-6-7, 83-6-21 AND 83-6-29, MISSISSIPPI CODE OF 1972, TO INCLUDE GROUP CAPITAL CALCULATION AND LIQUIDITY STRESS TEST REQUIREMENTS TO THE HOLDING COMPANY ACT; TO PROVIDE DEFINITIONS; TO AUTHORIZE THE COMMISSIONER OF INSURANCE TO REQUIRE AN INSURER TO SECURE AND MAINTAIN EITHER A DEPOSIT OR BOND IN CERTAIN SITUATIONS; TO PROVIDE CERTAIN SUPERVISION, SEIZURE, CONSERVATORSHIP OR RECEIVERSHIP PROCEEDINGS; TO PROVIDE THAT THE COMMISSIONER OF INSURANCE SHALL MAINTAIN THE CONFIDENTIALITY OF THE GROUP CAPITAL CALCULATION AND GROUP CAPITAL RATIO PRODUCED WITHIN THE CALCULATION AND ANY GROUP CAPITAL INFORMATION RECEIVED FROM AN INSURANCE HOLDING COMPANY; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

Its course

January 20 to February 4, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the House of RepresentativesJan 20 to Feb 4 · stopped15 days

InsuranceJan 20 to Feb 4 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 20 – Feb 4

  1. Referred to the House committee on Insurance
  2. Died in committee in the House
All 2 actions, as published