SB 353 IN

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Authorizes the insurance commissioner to cease operation of the political subdivision risk management fund upon a determination by the insurance commissioner that: (1) all political subdivisions that were members of the fund have withdrawn from the fund; and (2) all payment of the liabilities of former members of the fund have been determined and finalized. Authorizes the insurance commissioner to cease operation of the political subdivision catastrophic liability fund upon a determination by the insurance commissioner that: (1) all political subdivisions that were members of the fund have withdrawn from the fund; and (2) all payment of the liabilities of former members of the fund have been determined and finalized. Requires the insurance commissioner, when ceasing operation of one of the funds, to distribute the balance in the fund to former members of the fund, distributing to each former member an amount proportional to the total of assessments and (in the case of the political subdivision risk management fund) surcharges paid by the former member. Provides that the laws establishing the political subdivision risk management fund and the political subdivision catastrophic liability fund expire when the insurance commissioner certifies to the executive director of the legislative services agency that: (1) the funds have no remaining members; (2) all payments of liabilities of former members of the funds have been determined and finalized; and (3) the balances in the funds have been distributed to former members of the funds. Amends a provision of the law concerning tort claims against governmental entities to provide that giving notice of a tort claim against a political subdivision to the political subdivision risk management commission is not required if the law establishing the political subdivision risk management commission has expired.

• Ed Charbonneau Republican · author
• Rodney Pol Democratic · author
• Harold Slager Republican · sponsor

1. Jan 17, 2023 Authored by Senators Charbonneau and Pol · upper
2. Jan 17, 2023 First reading: referred to Committee on Appropriations · upper
3. Feb 2, 2023 Senator Melton added as coauthor · upper
4. Feb 6, 2023 Committee report: do pass, adopted · upper
5. Feb 6, 2023 Senator Randolph added as coauthor · upper
6. Feb 9, 2023 Second reading: ordered engrossed · upper
7. Feb 13, 2023 Third reading: passed; Roll Call 108: yeas 47, nays 1 · upper
8. Feb 13, 2023 House sponsor: Representative Slager · upper
9. Feb 13, 2023 Cosponsors: Representatives Pressel and Harris · upper
10. Feb 14, 2023 Referred to the House · upper
11. Feb 16, 2023 Representative Moseley added as cosponsor · lower
12. Feb 28, 2023 First reading: referred to Committee on Insurance · lower
13. Mar 23, 2023 Committee report: do pass, adopted · lower
14. Mar 23, 2023 Referred to the Committee on Ways and Means pursuant to House Rule 127 · lower
15. Mar 30, 2023 Committee report: do pass, adopted · lower
16. Apr 3, 2023 Second reading: ordered engrossed · lower
17. Apr 4, 2023 Third reading: passed; Roll Call 357: yeas 96, nays 1 · lower
18. Apr 5, 2023 Returned to the Senate without amendments · lower
19. Apr 6, 2023 Signed by the President Pro Tempore · upper
20. Apr 11, 2023 Signed by the Speaker · lower
21. Apr 17, 2023 Signed by the President of the Senate · upper
22. Apr 20, 2023 Public Law 46 · upper
23. Apr 20, 2023 Signed by the Governor · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Enrolled Senate Bill (S) · Apr 5, 2023 · PDF
• Introduced Senate Bill (S) · Jan 13, 2023 · PDF
• Senate Bill (S) · Feb 6, 2023 · PDF
• Senate Bill (H) · Mar 23, 2023 · PDF
• Senate Bill (H) · Mar 30, 2023 · PDF