# Arkansas SB236: TO AMEND THE INSURANCE HOLDING COMPANY REGULATORY ACT. Arkansas SB236, TO AMEND THE INSURANCE HOLDING COMPANY REGULATORY ACT., is a 2025 Regular Session Senate bill sponsored by Justin Boyd (Republican), Trey Steimel (Republican); status enacted, last action 2025-03-12 (Notification that SB236 is now Act 261) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/AR-SB236-2025 - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Arkansas SB236 - State: Arkansas - Session: 2025 Regular Session - Title: TO AMEND THE INSURANCE HOLDING COMPANY REGULATORY ACT. - Status: enacted - Chamber: Senate - Introduced: 2025-02-14 - Last action: 2025-03-12, Notification that SB236 is now Act 261 - Sponsors: Justin Boyd (Republican), Trey Steimel (Republican) - Cosponsors: 0 - Touches household money: no - Roll calls: 2 (130 yes, 0 no in all) - Economic provisions PRIA read: 6 ## Summary No summary available. ## Bill overview: provisions PRIA read - Insurer financial reports receive privacy protections: benefit, low. Group capital calculations, capital ratios, and liquidity stress test information sent to the Arkansas Insurance Department are confidential. The protection also covers related disclosures and specified information received from other group supervisors. The Commissioner can still use this informati… - Stronger safeguards for troubled insurers' assets: mixed, low. When an insurer faces financial danger, the Commissioner can require necessary deposits or bonds for transactions with related companies. Security cannot exceed one year's transaction value and can last through the transaction or until the danger ends. Related companies must keep insurer funds and… - Insurer groups face annual capital reporting: mixed, low. The top controller of a registered insurer must file an annual group capital calculation with the lead state regulator. It is due with registration and must follow national insurance regulator instructions. Exemptions cover single-insurer groups operating only in their home state and accepting no b… - Insurer subsidiaries gain freedom with limits: mixed, low. Arkansas insurers can form or buy subsidiaries that conduct any business allowed by state law. Investments generally cannot exceed the lower of 10% of insurer assets or 50% of policyholder surplus. This limit counts purchase costs and later contributions, and the insurer must keep enough surplus to… - Insurers face cash stress reporting rules: mixed, low. Controllers of covered insurer groups must file yearly stress test results showing how insurers handle cash pressures. Filings go to the lead state regulator using national insurance regulator instructions and templates. Meeting one scope threshold generally brings an insurer into testing; the lead… - New review rules for insurer takeovers: mixed, low. The law changes the Commissioner's review of mergers and takeovers involving Arkansas domestic insurers. The Commissioner need not apply two specified information requirements during this review. The Commissioner cannot disapprove a transaction that meets the exceptions in Arkansas Code § 23-63-528… ## Sponsors and cosponsors - Sponsor: Justin Boyd (Republican), Senate - Sponsor: Trey Steimel (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-03-10 | House | House Vote - Monday, March 10, 2025 2:59:13 PM | pass | 98 | 0 | | | 2025-02-24 | Senate | Senate Vote - Monday, February 24, 2025 2:19:20 PM | pass | 32 | 0 | | ## Actions (15) - 2025-03-12: Notification that SB236 is now Act 261 (Senate) - 2025-03-11: DELIVERED TO GOVERNOR. (Senate) - 2025-03-11: Reported correctly enrolled and ordered delivered to the Governor. (Senate) - 2025-03-10: ORDERED ENROLLED (Senate) - 2025-03-10: Returned from the House as passed. (Senate) - 2025-03-10: Returned to the Senate as passed. (House) - 2025-03-10: Read the third time and passed and ordered transmitted to the Senate. (House) - 2025-03-05: Returned by the Committee Do Pass (House) - 2025-02-24: Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE (House) - 2025-02-24: RECEIVED FROM THE SENATE (House) - 2025-02-24: Ordered immediately transmitted to the House. (Senate) - 2025-02-24: Read the third time and passed. (Senate) - 2025-02-20: Returned by the Committee, with the recommendation that it Do Pass (Senate) - 2025-02-17: Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE (Senate) - 2025-02-14: Filed (Senate) ## Bill text - SB236 - Introduced, 2025-02-14: [PDF](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2025R%2FPublic%2FSB236.pdf) - Act Version: [PDF](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=261.pdf&ddBienniumSession=2025%2F2025R) ## Related bills - HB1265: AN ACT FOR THE UNIVERSITY OF ARKANSAS AT LITTLE ROCK APPROPRIATION FOR THE 2025-2026 FISCAL YEAR. (enacted) - HB1237: TO PROHIBIT MEDICAL PROFESSIONALS FROM SOLICITING INJURED INDIVIDUALS; AND TO SET PENALTIES FOR A VIOLATION OF THE PROHIBITION OF SOLICITATION OF INJURED INDIV… (failed) - HB1686: TO AMEND THE LAW CONCERNING LICENSES TO CARRY CONCEALED HANDGUNS. (failed) - SB440: TO AMEND THE LAW CONCERNING EMBALMERS AND FUNERAL DIRECTORS; TO REGULATE THE USE OF ALKALINE HYDROLYSIS; AND TO REGULATE ALKALINE HYDROLYSIS FACILITIES. (failed) - HB1695: TO CLARIFY THE FORECLOSURE PROCESS FOR PROPERTY SUBJECT TO A MUNICIPAL LIEN; TO ALLOW A MUNICIPALITY TO PETITION TO SET ASIDE THE SALE OF PROPERTY TO CERTAIN P… (failed) - HR1012: TO AMEND THE RULES OF THE HOUSE OF REPRESENTATIVES OF THE NINETY-FIFTH GENERAL ASSEMBLY; TO REQUIRE THAT A MEMBER OF THE HOUSE OF REPRESENTATIVES BE SELECTED A… (failed) ## Sources - [SB236 - Introduced (PDF)](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2025R%2FPublic%2FSB236.pdf) - [Act Version (PDF)](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=261.pdf&ddBienniumSession=2025%2F2025R) ## Related - [HB1265: AN ACT FOR THE UNIVERSITY OF ARKANSAS AT LITTLE ROCK APPROPRIATION FOR THE 2025…](https://policyrisk.com/state-bill/AR-HB1265-2025) - [HB1237: TO PROHIBIT MEDICAL PROFESSIONALS FROM SOLICITING INJURED INDIVIDUALS; AND TO S…](https://policyrisk.com/state-bill/AR-HB1237-2025) - [HB1686: TO AMEND THE LAW CONCERNING LICENSES TO CARRY CONCEALED HANDGUNS.](https://policyrisk.com/state-bill/AR-HB1686-2025) - [SB440: TO AMEND THE LAW CONCERNING EMBALMERS AND FUNERAL DIRECTORS; TO REGULATE THE US…](https://policyrisk.com/state-bill/AR-SB440-2025) - [HB1695: TO CLARIFY THE FORECLOSURE PROCESS FOR PROPERTY SUBJECT TO A MUNICIPAL LIEN; TO…](https://policyrisk.com/state-bill/AR-HB1695-2025) - [HR1012: TO AMEND THE RULES OF THE HOUSE OF REPRESENTATIVES OF THE NINETY-FIFTH GENERAL…](https://policyrisk.com/state-bill/AR-HR1012-2025) - [Arkansas bills](https://policyrisk.com/states/arkansas/bills) - [Arkansas state hub](https://policyrisk.com/states/arkansas) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/AR-SB236-2025 (as of 2026-10-19).