South Dakota's pool arrangements (insurance programs that multiple public agencies join together) must now receive approval from the state's Division of Insurance director before operating, and pool agents must submit detailed financial and management plans showing how the pool will handle claims, maintain cash reserves, and operate. This creates a new oversight requirement that didn't previously exist, giving the state regulator control over which pool arrangements can legally form and operate.
Commerce and Energy Deferred to the 41st legislative day Passed, YEAS 6, NAYS 3.
Commerce and Energy Do Pass Failed, YEAS 3, NAYS 6.
Commerce and Energy Motion to amend
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 218
Brent "B.R." Hoffman
Prime sponsor · Sen.
R
Commerce and Energy — Do Pass
Commerce and Energy — Deferred to the 41st legislative day