Became law as Public Act 25-87, signed June 23, 2025, 125 days after it was filed.
2025 Regular Session
House Bill 6981
AN ACT CONCERNING ELECTRONIC POSTING OF CERTAIN DOCUMENTS BY INSURERS, NONRENEWAL OR CANCELLATION OF PROPERTY AND CASUALTY INSURANCE POLICIES, FEDERAL HOME LOAN BANKS AND THE INSURERS REHABILITATION AND LIQUIDATION ACT, HYPOTHECATION OF ASSETS AND SURPLUS LINES INSURANCE.
What it does
The synopsis the General Assembly published with the bill.
To: (1) Allow insurers to post certain insurance policies and endorsements on such insurers' Internet web sites; (2) allow property and casualty insurers to provide policy nonrenewal or cancellation notices by United States Postal Service intelligent mail barcode tracking; (3) extend certain protections to a Federal Home Loan Bank for any pledge, security, credit, collateral, loan, advance, reimbursement or guarantee agreement or arrangement or any similar agreement or arrangement or other credit enhancement to which such bank is a party with an insurance company that is under conservation, rehabilitation, liquidation or administrative supervision by the Insurance Department; (4) allow any domestic insurer, health care center or fraternal benefit society to pledge, hypothecate or encumber such insurer's, center's or society's assets in connection with participation in the Federal Home Loan Bank System; and (5) exempt insurance policies that are procured through unaffiliated wholesale surplus lines insurance brokers from the requirement that insurers and surplus lines insurers sign a statement that diligent efforts were made to obtain insurance from a licensed insurer.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
February 18 to June 23, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action21 actions on 11 days
In the House of RepresentativesFeb 18 to May 1384 days
Insurance and Real Estate CommitteeFeb 18 to Mar 1121 days
In the SenateMay 13 to Jun 321 days
Waiting to be sentJun 3 to Jun 1613 days
With the GovernorJun 16 to Jun 237 days
Amendments
Each amendment offered, and what became of it.
House of Representatives floor amendmentAdopted
Adopted May 13 · Adopted Jun 3
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Feb 18 – May 13
- Feb 18Introduced and sent to Insurance and Real Estate Committee
- Feb 21Heard in Insurance and Real Estate Committee
- Mar 11Insurance and Real Estate Committee recommended a substitute for it
- May 13The House of Representatives adopted House of Representatives Amendment A
- Passed the House of Representatives with House of Representatives Amendment A
In the Senate May 15 – Jun 3
- May 15Arrived in the Senate
- Jun 3The Senate adopted House of Representatives Amendment A
- Passed the Senate with House of Representatives Amendment A
To the Governor Jun 10 – Jun 23
- Jun 10Numbered Public Act 25-87
- Jun 16Sent to the Secretary of the State
- Sent to the Governor
- Jun 23Signed by the Governor
All 21 actions, as published
- Feb 18REF. TO JOINT COMM. ONBoth houses
- Feb 21PUBLIC HEARINGBoth houses
- Mar 11Joint Favorable SubstituteBoth houses
- Mar 11FILED WITH LCOBoth houses
- Mar 21REFERRED TO OLR, OFABoth houses
- Mar 27RPTD. OUT OF LCOBoth houses
- Mar 27FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
- Mar 27HOUSE CALENDAR NUMBERHouse of Representatives
- Mar 27FILE NO.Both houses
- May 13HOUSE ADOPTED HOUSE AMEND. SCH.House of Representatives
- May 13HOUSE PASSED, HOUSE AMEND. SCH.House of Representatives
- May 15FAV. RPT., TAB. FOR CAL., SEN.Senate
- May 15SENATE CALENDAR NUMBERSenate
- May 15FILE NO.Both houses
- Jun 3SEN. ADOPTED HO. AMEND. SCH.Senate
- Jun 3SEN. PASSED, HO. AMEND. SCH.Senate
- Jun 3ON CONSENT CALENDAR /IN CONCURRENCESenate
- Jun 10PUBLIC ACTBoth houses
- Jun 16TRANSMITTED TO SECRETARY OF THE STATEBoth houses
- Jun 16TRANSMITTED BY SECRETARY OF THE STATE TO GOVERNORGovernor
- Jun 23SIGNED BY GOVERNORGovernor