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Vol. 2026 · Bill Detail · Special Edition

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Wednesday, September 2, 2026

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IA · SF2499FINAL · 1 COSPONSOR

A bill for an act relating to captive insurance companies and life captive reinsurance companies, and including civil penalties.(Formerly SF 2446, SSB 3179.)

Where it is in the process
Plain-English Summary

This bill updates regulations for captive insurance companies and introduces new rules for life captive reinsurance companies. It clarifies definitions, capital requirements, and reporting obligations for captive insurers. The bill also establishes a framework for life captive reinsurance companies, including their formation, operation, financial requirements, and reporting, while ensuring tax return confidentiality with specific exceptions for government sharing.

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

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