2025 Regular Session • Rhode Island Legislature
S1047: Repeals § 27-11.1-3 to eliminate the ten percent (10%) limitation on Schedule BA assets.
Legislative Summary
INSURANCE -- INVESTMENTS BY DOMESTIC INSURANCE COMPANIES - Repeals § 27-11.1-3 to eliminate the ten percent (10%) limitation on Schedule BA assets.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
5/9/2025
Introduced, referred to Senate Finance
Senate
5/16/2025
Scheduled for hearing and/or consideration (05/20/2025)
Senate
5/20/2025
Committee recommended measure be held for further study
Senate
Status Information
Current Status
Introduced(5/9/2025)
Chamber
Senate
Committee
Finance(Senate)
