A bill for an act relating to captive insurance companies and life captive reinsurance companies, and including civil penalties.(Formerly SSB 3179; See SF 2499.)

Where it is in the process

Plain-English Summary

This bill makes changes to laws concerning captive insurance companies and life captive reinsurance companies. It clarifies rules around tax return confidentiality, company organization, and reporting requirements. The bill also introduces new regulations for life captive reinsurance companies, including their formation, capital requirements, and operational plans.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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