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Legislative Year: 2019 Change

Bill Detail: HB19-1043

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Title Life Care Institutions Post Surety Bond As Reserve
Status Governor Signed (03/28/2019)
Bill Subjects
  • Financial Services & Commerce
House Sponsors R. Galindo (D)
Senate Sponsors J. Danielson (D)
House Committee Business Affairs and Labor
Senate Committee Business, Labor and Technology
Date Introduced 01/04/2019

Current law requires life care institutions to maintain reserves
through one or more of several options that all require liquidity. The bill
allows a surety bond as a type of allowable reserve.

Committee Reports
with Amendments
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Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (05/09/2019) (most recent)  
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