Idaho Capitol Watch
SB 1262: INSURER INVESTMENTS – Amends existing law to revise provisions regarding miscellaneous insurer investments.
Amends Section 41-735, Idaho Code, to simplify insurer miscellaneous investment limits by removing the 'lesser of' alternative cap of 75% of capital and surplus, maintaining the 10% of assets limit with 5% per investment restrictions.
Status
Effective (July 1, 2026) · Originated in the Idaho Senate · Introduced February 6, 2026
Sponsors
- COMMERCE AND HUMAN RESOURCES COMMITTEE
Committees
- JR for Printing
Bill history
- March 23, 2026 — House: Read Third Time in Full – PASSED - 68-0-2AYES – Alfieri, Barbieri, Beiswenger, Bingham, Boyle, Bruce, Burgoyne, Cannon, Cayler, Cheatum, Church, Crane(12), Crane(13), Dygert, Egbert, Ehardt, Ehlers, E (passed)
- March 24, 2026 — Senate: Reported enrolled; signed by President; to House for signature of Speaker
- March 25, 2026 — House: Received from Senate; Signed by Speaker; Returned to Senate
- March 25, 2026 — House: Reported signed by the Speaker & ordered delivered to Governor
- March 25, 2026 — House: delivered to Governor at 4:33 p.m. on 03/25/26
- March 26, 2026 — House: Signed by Governor on 03/26/26
- March 26, 2026 — House: Session Law Chapter 180
- July 1, 2026 — House: Effective: 07/01/2026
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