SB119 expands the types of investments that farm mutual insurance companies can make by allowing them to invest in additional securities and financial instruments beyond what current law permits. This gives these insurers more flexibility in managing their investment portfolios while maintaining consumer protections. The bill modifies existing investment restrictions to reflect modern financial markets and practices.
Commerce and Energy Tabled Passed, YEAS 4, NAYS 3. S.J. 300
Commerce and Energy Do Pass
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 186
Ryan Maher
Prime sponsor · Sen.
R
Sam Marty
Prime sponsor · Rep.
R
Cosponsors
Commerce and Energy — Tabled