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Searching 2015-2016 Session

2015-2016 Session

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S.98 (Act 20)

An act relating to captive insurance companies and risk retention groups

Senate Committee on Finance
5/13/2015 - Senate Message, Signed by Governor May 7, 2015
Sponsor(s)
  • Senate Committee on Finance
Last Recorded Action
House 5/13/2015 - Senate Message, Signed by Governor May 7, 2015
Bill/Resolution Text
  • As Introduced
  • As Passed By the Senate
    Official | Unofficial
  • House Proposal of Amendment
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  • As Passed by Both House and Senate
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  • As Enacted | Act Summary

NOTE: to print information that appears on a tab within the bill page, use the Print link on that tab.

  • Status
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An act relating to captive insurance companies and risk retention groups

Detailed Status

2015 - 2016 Legislative Session
Body Date Journal Calendar Location Full Status
An act relating to captive insurance companies and risk retention groups

Roll Call History

2015 - 2016 Legislative Session
Body Date Journal Location Full Status

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Although procedurally bills and resolutions are assigned to only one committee at a time, other committees may review the bill or resolution. This page contains results from both the assigned committee as well as other committees.

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An act relating to captive insurance companies and risk retention groups

Committee Meetings

2015 - 2016 Legislative Session
Meeting Date Committee
An act relating to captive insurance companies and risk retention groups

Meeting Full List

2015 - 2016 Legislative Session
Print Report
Tuesday, March 24, 2015
Committee(s):
House Committee on Commerce and Economic Development
9:00 AM

S.98 - An act relating to captive insurance companies and risk retention groups

Letter from Dan Towle, AACD, read into record by Rep. Botzow

David Provost, Deputy Commissioner, Captive Insurance, Department of Financial Regulation
Richard Smith, Executive Director, Vermont Captive Insurance Association
Dan Towle, Director of Financial Services, Agency of Commerce and Community Development
15 min. after adj.

S.98 - An act relating to captive insurance companies and risk retention groups

Committee discussion, markup and possible vote

Thursday, April 9, 2015
Committee(s):
House Committee on Commerce and Economic Development
3:40 AM

S.98 - An act relating to captive insurance companies and risk retention groups

Senate proposal of amendment - concurred in

Committee Documents

  • House Committee on Commerce and Economic Development
  • Senate Committee on Finance
An act relating to captive insurance companies and risk retention groups

Witnesses Who Testified

2015 - 2016 Legislative Session
Print Report
House Committee on Commerce and Economic Development
  • David Provost, Deputy Commissioner, Captive Insurance, Department of Financial Regulation
  • Richard Smith, Executive Director, Vermont Captive Insurance Association
  • Dan Towle, Director of Financial Services, Agency of Commerce and Community Development

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Fiscal notes and materials available on this web page are provided for informational purposes only, and may not comprise all materials received by the Vermont Legislature or the final fiscal information related to a specific bill.  The Legislature is not responsible for the accuracy of any information in these materials, and their posting does not constitute approval or endorsement by the Legislature.

No fiscal documents found for S.98 in the 2015 - 2016 Legislative Session.
  • Members
  • Meetings
  • Report
No committee of conference members found for S.98 in the 2015 - 2016 Legislative Session.
An act relating to captive insurance companies and risk retention groups

Committee of Conference Meetings

2015 - 2016 Legislative Session
Meeting Date Committee
An act relating to captive insurance companies and risk retention groups

Committee of Conference Meeting Full List

2015 - 2016 Legislative Session
Print Report
No committee of conference meeting history found for S.98 in the 2015 - 2016 Legislative Session.
No committee of conference report found for S.98 in the 2015 - 2016 Legislative Session.

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Act

  • Signed into law 5/7/2015
  • As Enacted (ACT 20)
  • Act Summary

An act relating to captive insurance companies and risk retention groups

Statutes Affected

2015 - 2016 Legislative Session
Statute
8 V.S.A. § 6004. Minimum capital and surplus; letter of credit
8 V.S.A. § 6006. Formation of captive insurance companies in this State
8 V.S.A. § 6032. Definitions
8 V.S.A. § 6034. Protected cells
8 V.S.A. § 6034a. Incorporated protected cells
8 V.S.A. § 6036. Participants in sponsored captive insurance companies
8 V.S.A. § 6038. Delinquency of sponsored captive insurance companies
8 V.S.A. § 6039. Claimant recourse
8 V.S.A. § 6052. Risk retention groups chartered in this State

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Staff & Other Information

Print Report
Staff
Maria Royle, Legislative Counsel

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