Legislation: batch D — NY OH OK OR PA RI SC SD TX UT

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/ri/2025/sb-1047.md

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+---
+type: "Bill"
+title: "AN ACT RELATING TO INSURANCE -- INVESTMENTS BY DOMESTIC INSURANCE COMPANIES"
+description: "Repeals § 27-11.1-3 to eliminate the ten percent (10%) limitation on Schedule BA assets."
+jurisdiction: "us/states/ri"
+legislature: "Rhode Island General Assembly"
+session: "2025"
+identifier: "SB 1047"
+citation: "Rhode Island SB 1047 (2025)"
+classification: ["bill"]
+subjects: []
+status: "enacted"
+primary_sponsors: ["Dimitri", "Tikoian", "de la Cruz"]
+version_count: 1
+action_count: 11
+vote_count: 2
+first_action: "2025-05-09"
+last_action: "2025-06-18"
+source: "openstates"
+source_identifier: "ocd-bill/7c0fae38-8ff9-460d-8f97-daa3c63e3af7"
+source_url: "https://status.rilegislature.gov/"
+source_hash: "752d4f1357d734c2a4956fb6a8d9ff5c01a38ac4786f50a2235b0d87cfad58be"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-ri"]
+---
+
+# Rhode Island SB 1047 (2025) — AN ACT RELATING TO INSURANCE -- INVESTMENTS BY DOMESTIC INSURANCE COMPANIES
+
+Repeals § 27-11.1-3 to eliminate the ten percent (10%) limitation on Schedule BA assets.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **1047** (committee substitute) — [source](http://webserver.rilegislature.gov/BillText/BillText25/SenateText25/S1047.pdf)
+
+## Votes
+
+- IN CONCURRENCE — **71–0** (pass) · upper
+- Passage — **36–0** (pass) · upper
+
+## Sponsors
+
+- Dimitri — primary (person)
+- Tikoian — primary (person)
+- de la Cruz — primary (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2025-05-09** 05/09/2025 Introduced, referred to Senate Finance `introduction, referral-committee`
+- **2025-05-16** 05/16/2025 Scheduled for hearing and/or consideration (05/20/2025)
+- **2025-05-20** 05/20/2025 Committee recommended measure be held for further study `committee-failure`
+- **2025-06-03** 06/03/2025 Scheduled for consideration (06/05/2025)
+- **2025-06-05** 06/05/2025 Committee recommends passage `committee-passage-favorable`
+- **2025-06-05** 06/05/2025 Placed on Senate Calendar (06/10/2025) `reading-3`
+- **2025-06-10** 06/10/2025 Senate read and passed `passage`
+- **2025-06-13** 06/13/2025 Placed on the House Consent Calendar (06/17/2025) `reading-3`
+- **2025-06-17** 06/17/2025 House passed in concurrence `passage`
+- **2025-06-17** 06/17/2025 Transmitted to Governor `executive-receipt`
+- **2025-06-18** 06/18/2025 Signed by Governor `executive-signature`
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7c0fae38-8ff9-460d-8f97-daa3c63e3af7`. Confidence: reported (aggregated from official Rhode Island legislature records).
+