Mississippi House Bill 1172

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 4 2025 - 100% progression
Action: 2025-02-04 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

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.

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

Rep. Jerry Turner [R]

Date	Chamber	Action
2025-02-04	House	Died In Committee
2025-01-20	House	Referred To Insurance

Chapter	Article	Section	Citation Type	Statute Text
83	6	1	Amended Code	See Bill Text
83	6	21	Amended Code	See Bill Text
83	6	29	Amended Code	See Bill Text
83	6	3	Amended Code	See Bill Text
83	6	5	Amended Code	See Bill Text
83	6	7	Amended Code	See Bill Text

Type	Source
Summary	https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1172.xml
Text	https://billstatus.ls.state.ms.us/documents/2025/html/HB/1100-1199/HB1172IN.htm