HB 116 - Authorizes Fishermen to Form Their Own Insurance Cooperatives - Alaska Key Vote
Timeline
- Senate Bill Passed
- May 16, 2025
- House Bill Passed
- April 25, 2025
- Introduced
- Feb. 26, 2025
Related Issues
Stage Details
Title: Authorizes Fishermen to Form Their Own Insurance Cooperatives
Title: Authorizes Fishermen to Form Their Own Insurance Cooperatives
Vote Smart's Synopsis:
Vote to pass a bill that authorizes fishermen to form their own insurance cooperatives in Alaska.
Highlights:
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Authorizes fishermen to form their own insurance cooperatives in Alaska (Sec. 1).
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Exempts from insurance regulation cooperative agreements entered into by 2 or more individuals engaged in commercial fishing for the purpose of paying claims or losses (Sec. 1).
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Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 1).
Title: Authorizes Fishermen to Form Their Own Insurance Cooperatives
Committee Sponsors
- Special Committee on Fisheries (Sponsor)