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Bill > HB4020


AZ HB4020

AZ HB4020
Insurance; fraud unit; assessment; increase


summary

Introduced
02/09/2026
In Committee
02/23/2026
Crossed Over
02/26/2026
Passed
Dead

Introduced Session

Fifty-seventh Legislature - Second Regular Session (2026)

Bill Summary

AN ACT amending section 20-466, arizona revised statutes; relating to the fraud unit.

AI Summary

This bill increases the annual assessment that insurers must pay to fund the fraud unit within the department of insurance and financial institutions, raising the maximum from $1,050 to $1,350 per insurer. The fraud unit is responsible for investigating fraudulent activities against insurers and licensed entities, with its investigators possessing peace officer powers while on duty. The bill also clarifies that this increase applies retroactively from June 30, 2026, and requires a two-thirds vote for enactment.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Transmit to Senate (on 02/26/2026)

bill text


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