BILL · 2019–20 SESSION · LATEST VERSION E2SSB 6331

SB 6331: Captive insurance

Concerning captive insurance.

Summary

Requires captive insurance companies to register with the Office of the Insurance Commissioner (OIC) and pay a tax on insurance premiums on their Washington state risk.
Requires foreign captive insurance companies to register with the OIC and pay a tax on insurance premiums on their Washington state risk.

From the Engrossed Second Substitute House Bill Report (E2SSB 6331), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House

IntroducedJan 15, 2020
Out of committeeMar 2, 2020
Passed SenateMar 7, 2020
Passed Housestopped here
Governor
Law

Prime sponsor: Mark Mullet (D-5)
Introduced: January 15, 2020 in the Senate
Last action: March 12, 2020
Companion bill: HB 2493
Budget: Has a fiscal note
Versions: SB 6331, SSB 6331, E2SSB 6331

AN ACT Relating to captive insurance;

Votes

Senate · 3rd Reading & Final Passage

Passed March 7, 2020

Version voted on: E2SSB 6331

49 Yea 0 Nay 0 Absent 0 Excused

Party	Yea	Nay	Absent	Excused
Democrat	29	0	0	0
Republican	20	0	0	0

How each member voted

Yea (49)

Permalink to this vote

History

Mar 12, 2020Returned to Senate Rules 3. (E2SSB 6331)
Mar 9, 2020Read first time, rules suspended, and placed on second reading calendar. (E2SSB 6331)
Mar 7, 2020Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (E2SSB 6331)
Mar 7, 2020Rules suspended. Placed on Third Reading. (E2SSB 6331)
Mar 7, 2020Floor amendment(s) adopted. (E2SSB 6331)
Mar 7, 20202nd substitute bill substituted. (E2SSB 6331)
Mar 7, 20202nd substitute bill substituted. (SSB 6331)
Mar 7, 20202nd substitute bill substituted.
Mar 5, 2020Placed on second reading by Rules Committee. (E2SSB 6331)
Mar 5, 2020Placed on second reading by Rules Committee. (SSB 6331)
Mar 5, 2020Placed on second reading by Rules Committee.
Mar 2, 2020Minority; without recommendation. (E2SSB 6331)
Mar 2, 2020WM - Majority; 2nd substitute bill be substituted, do pass. (E2SSB 6331)
Mar 2, 2020Passed to Rules Committee for second reading. (E2SSB 6331)
Mar 2, 2020Passed to Rules Committee for second reading. (SSB 6331)
Mar 2, 2020WM - Majority; 2nd substitute bill be substituted, do pass. (SSB 6331)
Mar 2, 2020Minority; without recommendation. (SSB 6331)
Mar 2, 2020Minority; without recommendation.
Mar 2, 2020WM - Majority; 2nd substitute bill be substituted, do pass.
Mar 2, 2020Passed to Rules Committee for second reading.
Feb 7, 2020Referred to Ways & Means. (SSB 6331)
Feb 7, 2020Referred to Ways & Means.
Feb 6, 2020Minority; without recommendation. (SSB 6331)
Feb 6, 2020And refer to Ways & Means. (SSB 6331)
Feb 6, 2020FIET - Majority; 1st substitute bill be substituted, do pass. (SSB 6331)
Feb 6, 2020FIET - Majority; 1st substitute bill be substituted, do pass.
Feb 6, 2020And refer to Ways & Means.
Feb 6, 2020Minority; without recommendation.
Jan 15, 2020First reading, referred to Financial Institutions, Economic Development & Trade.

SB 6331 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

SB 6331 (2025–26) Diesel vessels/state ferries · Did not pass · died in committee
SB 6331 (2017–18) Gambling addiction · Did not pass · stalled on the Senate floor
SB 6331 (2015–16) State patrol officers · Did not pass · died in committee
SB 6331 (2013–14) Self-service storage · Did not pass · stalled on the Senate floor
SB 6331 (2011–12) Public transit/bidding pref. · Did not pass · died in committee
SB 6331 (2009–10) Aluminum smelters/tax relief · Did not pass · died in committee
SB 6331 (2007–08) Parenting plans · Did not pass · passed Senate, stalled in House
SB 6331 (2005–06) Child welfare · Did not pass · stalled on the Senate floor

Report wrong or missing information on this page