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ARIZONA HOUSE OF REPRESENTATIVESFifty-seventh Legislature First Regular Session |
Senate: RAGE DP 5-0-2-0 | APPROP DP 9-0-1-0 | 3rd Read: 25-2-3-0House: APPROP DPA/SE 18-0-0-0 |
SB
1117: barbering and cosmetology fund; enforcement
S/E: political subdivision entity; benefits
Sponsor: Senator Dunn, LD 25
Caucus & COW
Summary of the Strike-Everything Amendment to SB 1117
Overview
Authorizes political subdivision entities to procure insurance and establish self insurance programs for direct payment of benefits, losses or claims.
History
A political subdivision entity is an entity that is located in this state, created in whole or in part by political subdivisions, including instrumentalities of political subdivisions, where a majority of the membership of the entity is composed of political subdivisions and whose primary purpose is the performance of a government-related service (A.R.S. § 38-711).
Provisions
1. Authorizes a political subdivision entity to procure insurance for specified purposes from any insurer authorized by the Department of Insurance and Financial Institutions (DIFI). (Sec. 2)
2. Outlines the requirements for a political subdivision entity if the entity establishes a self insurance program for the management and administration of a system for direct payment of benefits, losses or claims. (Sec. 2)
3. Specifies that if a trust fund is no longer utilized by a political subdivision entity, the funds revert, during that fiscal year, to the general fund of that political subdivision entity. (Sec. 2)
4. Exempts a political subdivision entity from state regulations on insurance, except that health, life, accident or disability benefit plans must conform to the benefits required by law. (Sec. 2)
5. Clarifies that this act does not authorize a political subdivision entity to procure insurance from any insurer that is not authorized by DIFI. (Sec. 2)
6. Alters the definition of public agency to include political subdivision entities. (Sec. 1)
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10. SB 1117
11. Initials JH Page 0 Caucus & COW
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