---
type: "Bill"
title: "AN ACT RELATING TO INSURANCE -- CREDIT FOR REINSURANCE ACT (Amends reinsurance credit statute to conform with NAIC model/surplus lines statute for taxation of fees/protected cell statute as to business transfer with insolvency protection/insurance premium tax statute defining qualifying jobs.)"
description: "AN ACT RELATING TO INSURANCE -- CREDIT FOR REINSURANCE ACT (Amends reinsurance credit statute to conform with NAIC model/surplus lines statute for taxation of fees/protected cell statute as to business transfer with insolvency protection/insurance premium tax statute defining qualifying jobs.)"
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2017"
identifier: "SB 783"
citation: "Rhode Island SB 783 (2017)"
classification: ["bill"]
subjects: ["Dept. of Business Regulation", "Fees", "Insurance"]
status: "enacted"
primary_sponsors: ["Picard"]
version_count: 1
action_count: 17
vote_count: 2
first_action: "2017-04-25"
last_action: "2017-10-05"
source: "openstates"
source_identifier: "ocd-bill/825403c1-839d-46c5-a457-7218398dcd68"
source_url: "http://status.rilin.state.ri.us/"
source_hash: "a5c477c4988c23ae4ebecc1772f1f13854770cd053fe2d2ccddde3edfc2f1409"
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 783 (2017) — AN ACT RELATING TO INSURANCE -- CREDIT FOR REINSURANCE ACT (Amends reinsurance credit statute to conform with NAIC model/surplus lines statute for taxation of fees/protected cell statute as to business transfer with insolvency protection/insurance premium tax statute defining qualifying jobs.)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **783 SUB A** (committee substitute) — [source](http://webserver.rilin.state.ri.us/BillText/BillText17/SenateText17/S0783A.pdf)

## Votes

- Passage — **35–0** (pass) · legislature
- RELATING TO INSURANCE -- CREDIT — **69–0** (pass) · legislature

## Sponsors

- Picard — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-04-25** 04/25/2017 Introduced, referred to Senate Commerce `referral-committee, introduction`
- **2017-04-28** 04/28/2017 Scheduled for hearing and/or consideration (05/02/2017)
- **2017-05-02** 05/02/2017 Committee recommended measure be held for further study
- **2017-06-16** 06/16/2017 Scheduled for consideration (06/20/2017)
- **2017-06-20** 06/20/2017 Committee recommends passage of Sub A `committee-passage-favorable`
- **2017-06-20** 06/20/2017 Placed on Senate Calendar (06/22/2017)
- **2017-06-22** 06/22/2017 Senate passed Sub A `passage`
- **2017-06-23** 06/23/2017 Referred to House Corporations `referral-committee`
- **2017-06-24** 06/24/2017 Scheduled for hearing and/or consideration (06/27/2017)
- **2017-06-27** 06/27/2017 Committee recommended measure be held for further study
- **2017-06-28** 06/28/2017 Scheduled for consideration (06/28/2017)
- **2017-06-28** 06/28/2017 Committee recommends passage of Sub A in concurrence `committee-passage-favorable`
- **2017-06-30** 06/30/2017 Placed on the House Consent Calendar (06/30/2017)
- **2017-09-15** 09/15/2017 Placed on the House Consent Calendar (09/19/2017)
- **2017-09-19** 09/19/2017 House passed Sub A in concurrence `passage`
- **2017-10-03** 10/03/2017 Transmitted to Governor `executive-receipt`
- **2017-10-05** 10/05/2017 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/825403c1-839d-46c5-a457-7218398dcd68`. Confidence: reported (aggregated from official Rhode Island legislature records).