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LD1402 • 2025

An Act to Convene a Stakeholder Group to Determine Methods of Ensuring the Long-term Solvency of the Maine Guaranteed Access Reinsurance Association

An Act to Convene a Stakeholder Group to Determine Methods of Ensuring the Long-term Solvency of the Maine Guaranteed Access Reinsurance Association

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Representative Joshua Morris
Last action
2025-05-21
Official status
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act to Convene a Stakeholder Group to Determine Methods of Ensuring the Long-term Solvency of the Maine Guaranteed Access Reinsurance Association

An Act to Convene a Stakeholder Group to Determine Methods of Ensuring the Long-term Solvency of the Maine Guaranteed Access Reinsurance Association Sponsor: Representative Joshua Morris Reference committee: Health Coverage, Insurance and Financial Services Latest committee action: Reported Out; ONTP

What This Bill Does

  • An Act to Convene a Stakeholder Group to Determine Methods of Ensuring the Long-term Solvency of the Maine Guaranteed Access Reinsurance Association Sponsor: Representative Joshua Morris Reference committee: Health Coverage, Insurance and Financial Services Latest committee action: Reported Out; ONTP

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-21 Senate

    Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

  2. 2025-05-20 Committee

    Reported Out; ONTP

  3. 2025-05-15 Committee

    Work Session Held

  4. 2025-05-15 Committee

    Voted; ONTP

  5. 2025-04-01 House

    Committee on Health Coverage, Insurance and Financial Services suggested and ordered printed. The Bill was REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES . Sent for concurrence. ORDERED SENT FORTHWITH.

  6. 2025-04-01 Committee

    Referred to Committee on Health Coverage, Insurance and Financial Services.

Official Summary Text

An Act to Convene a Stakeholder Group to Determine Methods of Ensuring the Long-term Solvency of the Maine Guaranteed Access Reinsurance Association
Sponsor:
Representative Joshua Morris
Reference committee:
Health Coverage, Insurance and Financial Services
Latest committee action:
Reported Out; ONTP

Current Bill Text

Read the full stored bill text 
Printed on recycled paper
132nd MAINE LEGISLATURE
FIRST SPECIAL SESSION-2025
Legislative Document No. 1402
H.P. 924 House of Representatives, April 1, 2025
An Act to Convene a Stakeholder Group to Determine Methods of
Ensuring the Long-term Solvency of the Maine Guaranteed Access
Reinsurance Association
Reference to the Committee on Health Coverage, Insurance and Financial Services
suggested and ordered printed.
ROBERT B. HUNT
Clerk
Presented by Representative MORRIS of Turner.

Page 1 - 132LR1980(01)
1Be it enacted by the People of the State of Maine as follows:
2CONCEPT DRAFT
3SUMMARY
4 This bill is a concept draft pursuant to Joint Rule 208.
5 This bill proposes to convene a stakeholder group to study the long-term solvency of
6 the Maine Guaranteed Access Reinsurance Association and to make recommendations to
7 the Legislature regarding solutions to ensure that the association remains solvent.
4