Bill Title: Relates to reserve investments for certain insurers in exchange-traded funds; expands the scope of permissible investments for certain insurers to include bond exchange-traded funds, provided that such funds have received a valid designation from the Securities Valuation Office of the National Association of Insurance Commissioners such that it may be filed on the statutory long-term bond obligation Schedule D-1 as promulgated by the Securities Valuation Office.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO INSURANCE [S05730 Detail]

Text: Latest bill text (Introduced) [HTML]

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