---
type: "Bill"
title: "An act relating to captive insurance companies"
description: "An act relating to captive insurance companies"
jurisdiction: "us/states/vt"
legislature: "Vermont General Assembly"
session: "2025-2026"
identifier: "H 649"
citation: "Vermont H 649 (2025-2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Edye Graning", "Michael Marcotte"]
version_count: 7
action_count: 22
vote_count: 0
first_action: "2026-01-13"
last_action: "2026-03-25"
source: "openstates"
source_identifier: "ocd-bill/bcf0cbcc-d5c9-4ae1-a2a4-11370643e219"
source_url: "http://legislature.vermont.gov/bill/loadBillDetailedStatus/2026/1844"
source_hash: "99af2f541c3e49adbaa4174f24ad63189689d021533ef3b5a82d2f18e0575865"
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-vt"]
---

# Vermont H 649 (2025-2026) — An act relating to captive insurance companies

## Version chain

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

1. **As Introduced** (filed) — [source](https://legislature.vermont.gov/Documents/2026/Docs/BILLS/H-0649/H-0649%20As%20Introduced.pdf)
2. **Act Summary** (committee substitute) — [source](https://legislature.vermont.gov/Documents/2026/Docs/ACTS/ACT077/ACT077%20Act%20Summary.pdf)
3. **As Enacted** (committee substitute) — [source](https://legislature.vermont.gov/Documents/2026/Docs/ACTS/ACT077/ACT077%20As%20Enacted.pdf)
4. **As Passed By the House (Official)** (committee substitute) — [source](https://legislature.vermont.gov/Documents/2026/Docs/BILLS/H-0649/H-0649%20As%20passed%20by%20the%20House%20Official.pdf)
5. **As Passed By the House (Unofficial)** (committee substitute) — [source](https://legislature.vermont.gov/Documents/2026/Docs/BILLS/H-0649/H-0649%20As%20Passed%20by%20the%20House%20Unofficial.pdf)
6. **As Passed by Both House and Senate (Official)** (committee substitute) — [source](https://legislature.vermont.gov/Documents/2026/Docs/BILLS/H-0649/H-0649%20As%20Passed%20by%20Both%20House%20and%20Senate%20Official.pdf)
7. **As Passed by Both House and Senate (Unofficial)** (committee substitute) — [source](https://legislature.vermont.gov/Documents/2026/Docs/BILLS/H-0649/H-0649%20As%20Passed%20by%20Both%20House%20and%20Senate%20Unofficial.pdf)

## Sponsors

- Edye Graning — primary (person)
- Michael Marcotte — primary (person)
- Abbey Duke — cosponsor (person)
- Anthony Micklus — cosponsor (person)
- David Bosch — cosponsor (person)
- Emily Carris Duncan — cosponsor (person)
- Herb Olson — cosponsor (person)
- Kirk White — cosponsor (person)

## Timeline

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

- **2026-01-13** Read first time and referred to the Committee on Commerce and Economic Development `introduction`
- **2026-01-14** Notice Calendar: Favorable with Amendment
- **2026-01-15** Action Calendar: Favorable with Amendment
- **2026-01-15** Read second time `reading-2`
- **2026-01-15** Rep. White of Bethel reported for the Committee on Commerce and Economic Development
- **2026-01-15** Report of Committee on Commerce and Economic Development agreed to
- **2026-01-15** Third Reading ordered `reading-3`
- **2026-01-16** Action Calendar: Third Reading `reading-3`
- **2026-01-16** Read third time and passed `reading-3`
- **2026-01-21** Read 1st time & referred to Committee on Finance `introduction`
- **2026-02-27** Entered on Notice Calendar
- **2026-02-27** Second Reading `reading-2`
- **2026-02-27** Favorable report by Committee on Finance `committee-passage`
- **2026-03-10** New Business/Second Reading `reading-2`
- **2026-03-10** Favorable report by Committee on Finance `committee-passage`
- **2026-03-10** Reported favorably by Senator Chittenden for Committee on Finance, read 2nd time and 3rd reading ordered `committee-passage-favorable, reading-2`
- **2026-03-11** New Business/Third Reading `reading-3`
- **2026-03-11** Read 3rd time & passed in concurrence `reading-3`
- **2026-03-12** Senate Message: Passed in concurrence `passage`
- **2026-03-18** Delivered to the Governor on March 18, 2026 `passage`
- **2026-03-24** Signed by Governor on March 24, 2026 `executive-signature`
- **2026-03-25** House message: Governor approved bill on March 24, 2026

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/bcf0cbcc-d5c9-4ae1-a2a4-11370643e219`. Confidence: reported (aggregated from official Vermont legislature records).