This bill lowers the insurance premium requirement for businesses to qualify as "exempt commercial policyholders" in South Dakota, reducing the threshold from $150,000 to a lower amount (the specific new amount is not shown in this excerpt). Exempt commercial policyholders can buy insurance more flexibly without some standard regulatory protections, so this change makes it easier for smaller businesses to access this category.
Signed by the Governor H.J. 688
Delivered to the Governor H.J. 626
Signed by the President S.J. 479
Signed by the Speaker H.J. 589
Senate Do Pass Passed, YEAS 34, NAYS 0. S.J. 442
Commerce and Energy Do Pass Passed, YEAS 9, NAYS 0.
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 139
House of Representatives Do Pass Passed, YEAS 68, NAYS 0. H.J. 148
Commerce and Energy Certified uncontested, placed on consent H.J. 1
Commerce and Energy Do Pass Passed, YEAS 13, NAYS 0. H.J. 1
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 55
Casey Crabtree
Prime sponsor · Sen.
R
Mark Willadsen
Prime sponsor · Rep.
R
Cosponsors
Do Pass
Commerce and Energy — Do Pass
Commerce and Energy — Do Pass