Idaho Capitol Watch
HB 71: ACQUISITIONS OF CONTROL AND INSURANCE HOLDING COMPANY SYSTEMS – Amends and adds to existing law to revise and establish provisions regarding insurance holding company systems.
Updates Idaho insurance holding company regulations to require group capital calculations and liquidity stress tests for certain insurers, aligning with NAIC standards for solvency monitoring and accreditation.
Status
Signed by Governor (March 14, 2025) · Originated in the Idaho House · Introduced January 28, 2025
Sponsors
- BUSINESS COMMITTEE
Committees
- JRA for Printing
Bill history
- February 26, 2025 — Senate: Read second time; filed for Third Reading
- March 5, 2025 — Senate: Read third time in full – PASSED - 33-0-2AYES – Adams, Anthon, Bernt, Bjerke, Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Galloway, Grow, Guthrie, Harris, Hart, Keyser, Kohl, Lakey, Lenn (passed)
- March 7, 2025 — House: Reported Enrolled; Signed by Speaker; Transmitted to Senate
- March 10, 2025 — Senate: Received from the House enrolled/signed by Speaker
- March 10, 2025 — Senate: Signed by President; returned to House
- March 10, 2025 — Senate: Returned Signed by the President; Ordered Transmitted to Governor
- March 11, 2025 — Senate: Delivered to Governor at 8:10 a.m. on March 11, 2025
- March 14, 2025 — Senate: Reported Signed by Governor on March 13, 2025 Session Law Chapter 62 Effective: 01/01/2026
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