Bill
Bill > SB2287
ND SB2287
AN ACT to provide for an insurance commissioner study of lignite coal industry insurance; and to provide for a report to the legislative management.
summary
Introduced
01/22/2021
01/22/2021
In Committee
03/03/2021
03/03/2021
Crossed Over
02/05/2021
02/05/2021
Passed
03/09/2021
03/09/2021
Dead
Signed/Enacted/Adopted
03/15/2021
03/15/2021
Introduced Session
67th Legislative Assembly
Bill Summary
AN ACT to provide for an insurance commissioner study of lignite coal industry insurance; and to provide for a report to the legislative management.
AI Summary
This bill requires the North Dakota Insurance Commissioner, in consultation with the North Dakota Insurance Reserve Fund, to study the availability, cost, and risks associated with insurance coverage in the lignite coal industry during the 2021-22 interim period. The study must consider whether the current insurance market adequately calculates the risk factors specific to the coal industry and whether there is a need for a state-based insurance product that insures against these risk factors at an appropriate cost. The Insurance Commissioner must report the findings to the Legislative Management and implement any necessary recommendations by June 1, 2022.
Committee Categories
Business and Industry
Sponsors (6)
Howard Anderson (R)*,
Jessica Bell (R)*,
Rich Wardner (R)*,
Jeff Delzer (R),
Gary Kreidt (R),
Dave Nehring (R),
Last Action
Signed by Governor 03/15 (on 03/15/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.nd.gov/assembly/67-2021/bill-actions/ba2287.html |
| BillText | https://www.legis.nd.gov/assembly/67-2021/documents/21-0978-03000.pdf |
| BillText | https://www.legis.nd.gov/assembly/67-2021/documents/21-0978-02000.pdf |
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