Fabio
8.0 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bill | Relating to insurance accreditation; and prescribing an effective date. | Requires the person that has ultimate control over an insurer to file a group capital calculation with the chief insurance regulatory official of the state that the Director of the Department of Consumer and Business Services determines is the lead state for the insurance holding company system of which the insurer is a part. Unless exempted from the requirement to file the group capital calculation, the person must file a group capital calculation made in accordance with standards that the National Association of Insurance Commissioners adopts. Requires insurers that meet one or more scope criteria during a given data year to conduct and report the results of a liquidity stress test in accordance with a framework adopted by the National Association of Insurance Commissioners. Specifies scope criteria for determining which insurers are subject to the requirement. Requires a deposit or bond from an insurer that the director determines is in a hazardous financial condition or a condition that would be grounds for supervision, conservation or delinquency proceedings. Gives the director discretion to determine the amount of the deposit or bond and the contract or contracts to which the deposit or bond applies. Subjects affiliates to the jurisdiction and authority of a supervisor, conservator, rehabilitator or liquidator appointed for an insurer for the purpose of interpreting, enforcing and overseeing the affiliate's obligations under a contract or agreement to perform services for the insurer. <b>Requires the chief insurance regulatory official to maintain the confidentiality of certain information that the chief insurance regulatory official receives from an insurance holding company system. Prohibits an insurer, broker or other person engaged in any manner in the insurance business from making, publishing, disseminating or circulating a statement or representation with respect to the information.</b> Takes effect on the 91st day following adjournment sine die. | us/states/or | Oregon Legislative Assembly | 2025R1 | SB 831 | Oregon SB 831 (2025R1) |
|
enacted | 5 | 22 | 4 | 2025-01-13T17:07:30+00:00 | 2025-06-06T23:10:19+00:00 | openstates | ocd-bill/6c069f1b-9ed2-4d89-9f93-a00e6b983979 | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB831 | 8021671cb24926caebee94447eaa7a75526544b6c9507a38719be2b9646c660d | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
|
Oregon SB 831 (2025R1) — Relating to insurance accreditation; and prescribing an effective date.
Requires the person that has ultimate control over an insurer to file a group capital calculation with the chief insurance regulatory official of the state that the Director of the Department of Consumer and Business Services determines is the lead state for the insurance holding company system of which the insurer is a part. Unless exempted from the requirement to file the group capital calculation, the person must file a group capital calculation made in accordance with standards that the National Association of Insurance Commissioners adopts. Requires insurers that meet one or more scope criteria during a given data year to conduct and report the results of a liquidity stress test in accordance with a framework adopted by the National Association of Insurance Commissioners. Specifies scope criteria for determining which insurers are subject to the requirement. Requires a deposit or bond from an insurer that the director determines is in a hazardous financial condition or a condition that would be grounds for supervision, conservation or delinquency proceedings. Gives the director discretion to determine the amount of the deposit or bond and the contract or contracts to which the deposit or bond applies. Subjects affiliates to the jurisdiction and authority of a supervisor, conservator, rehabilitator or liquidator appointed for an insurer for the purpose of interpreting, enforcing and overseeing the affiliate's obligations under a contract or agreement to perform services for the insurer. Requires the chief insurance regulatory official to maintain the confidentiality of certain information that the chief insurance regulatory official receives from an insurance holding company system. Prohibits an insurer, broker or other person engaged in any manner in the insurance business from making, publishing, disseminating or circulating a statement or representation with respect to the information. Takes effect on the 91st day following adjournment sine die.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Senate Amendments to Introduced (filed) — source
- A-Engrossed (committee substitute) — source
- SLB Amendment -2 (committee substitute) — source
- Enrolled (enrolled) — source
Votes
- Heard and Reported Out with Amendments — 4–0 (pass) · upper
- Third reading. Carried by Bonham. Passed. — 26–1 (pass) · upper
- Heard and Reported Out — 8–0 (pass) · lower
- Third reading. Carried by Walters. Passed. — 51–0 (pass) · lower
Timeline
The legislative action history — every referral, reading, and vote.
- 2025-01-13T17:07:30+00:00 Introduction and first reading. Referred to President's desk.
introduction, reading-1, referral-committee - 2025-01-17T22:13:22+00:00 Referred to Labor and Business.
referral-committee - 2025-02-20T16:01:00+00:00 Public Hearing held.
- 2025-03-27T00:01:00+00:00 Public Hearing held.
- 2025-04-01T15:02:00+00:00 Work Session held.
- 2025-04-07T21:51:43+00:00 Recommendation: Do pass with amendments. (Printed A-Eng.)
committee-passage-favorable - 2025-04-08T19:03:35+00:00 Second reading.
reading-2 - 2025-04-09T19:26:51+00:00 Carried over to 04-10 by unanimous consent.
- 2025-04-10T21:02:19+00:00 Third reading. Carried by Bonham. Passed.
passage, reading-3 - 2025-04-10T23:51:53+00:00 First reading. Referred to Speaker's desk.
introduction, reading-1, referral-committee - 2025-04-15T17:31:11+00:00 Referred to Commerce and Consumer Protection.
referral-committee - 2025-05-01T20:01:00+00:00 Public Hearing held.
- 2025-05-06T20:02:00+00:00 Work Session held.
- 2025-05-12T20:15:17+00:00 Recommendation: Do pass.
committee-passage-favorable - 2025-05-13T18:58:56+00:00 Second reading.
reading-2 - 2025-05-14T19:43:54+00:00 Rules suspended. Carried over to May 15, 2025 Calendar.
- 2025-05-15T20:00:47+00:00 Third reading. Carried by Walters. Passed.
passage, reading-3 - 2025-05-19T19:36:04+00:00 President signed.
passage - 2025-05-20T17:35:37+00:00 Speaker signed.
passage - 2025-05-28T00:03:09+00:00 Governor signed.
executive-signature - 2025-06-06T22:01:42+00:00 Chapter 174, 2025 Laws.
- 2025-06-06T23:10:19+00:00 Effective on the 91st day following adjournment sine die.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/6c069f1b-9ed2-4d89-9f93-a00e6b983979. Confidence: reported (aggregated from official Oregon legislature records).