South Dakota is joining the Interstate Insurance Product Regulation Compact, which is an agreement between multiple states that streamlines how insurance products are approved and regulated across state lines. This compact allows insurance companies to get approval for certain insurance products in one state and sell them in other participating states without needing separate approval from each state's insurance regulator. The bill adds South Dakota to this interstate framework to make it easier for insurers to do business while maintaining consumer protections.
This bill does not directly amend codified state law.
Signed by the Governor H.J. 410
Delivered to the Governor H.J. 384
Signed by the President S.J. 390
Signed by the Speaker H.J. 369
House of Representatives Concurred in amendments Passed, YEAS 67, NAYS 1. H.J. 354
Senate Title amended S.J. 329
Senate Do Pass Amended Passed, YEAS 32, NAYS 0. S.J. 328
Commerce and Energy Certified uncontested, placed on consent
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. 167
House of Representatives Do Pass Amended Passed, YEAS 67, NAYS 1. H.J. 156
Commerce and Energy Certified uncontested, placed on consent
Commerce and Energy Do Pass Amended Passed, YEAS 12, NAYS 0.
Commerce and Energy Motion to amend
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 59
Amber Arlint
Prime sponsor · Rep.
R
Cosponsors
Concurred in amendments
Do Pass Amended
Commerce and Energy — Do Pass
Commerce and Energy — Do Pass Amended