BILL · 2025–26 SESSION

SB 5141: Disability insurer filings

Requiring that experience-rated group disability income insurers include all applicable rating factors and credibility formulas in rate manual filings with the insurance commissioner.

Summary

  • Specifies rate filing requirements for experience-rated group disability income insurers.

From the Senate Bill Report (SB 5141), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 27, Laws of 2025
  1. IntroducedJan 13, 2025
  2. Out of committeeJan 30, 2025
  3. Passed SenateFeb 25, 2025
  4. Passed HouseMar 31, 2025
  5. GovernorApr 8, 2025
  6. LawApr 8, 2025
Prime sponsor
Adrian Cortes (D-18)
Introduced
January 13, 2025 in the Senate
Last action
April 8, 2025
Session law
Chapter 27, Laws of 2025
Companion bill
HB 1230
Budget
Has a fiscal note

AN ACT Relating to requiring that experience-rated group disability income insurers include all applicable rating factors and credibility formulas in rate manual filings with the insurance commissioner;

Sponsors

Prime sponsor: Adrian Cortes (D-18)

5 co-sponsors (5 Democrats, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 25, 2025
Version voted on: SB 5141
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican19000
How each member voted

House · 3rd Reading & Final Passage

Passed March 31, 2025
Version voted on: SB 5141
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat58001
Republican39000
How each member voted

Yea (97)

Excused (1)

History

  1. Effective date 7/27/2025.
  2. Chapter 27, 2025 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Rules Committee relieved of further consideration. Placed on second reading.
  10. Referred to Rules 2 Review.
  11. CPB - Executive action taken by committee.
  12. CPB - Majority; do pass.
  13. First reading, referred to Consumer Protection & Business.
  14. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading consent calendar.
  17. Passed to Rules Committee for second reading.
  18. BFT - Majority; do pass.
  19. First reading, referred to Business, Financial Services & Trade.
  20. Prefiled for introduction.

SB 5141 in other sessions

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

Report wrong or missing information on this page