North DakotaHB 10872025 Regular SessionHouse

AN ACT to amend and reenact sections 26.1-27-03 and 26.1-27.1-02 of the North Dakota Century Code, relating to licensing for administrators of life and health insurance and pharmacy benefit managers.

Sponsored By: House Industry, Business and Labor

Signed by Governor

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

State licenses for insurance and pharmacy administrators

North Dakota requires licenses for anyone acting or presenting themselves as a life, annuity, or health coverage administrator, including self-funded plans. Pharmacy benefit managers must also hold an administrator license. Licenses replace the prior certificates; administrators still pay $100 to apply and $50 each year to renew. The Insurance Commissioner must issue a license unless, after notice and a hearing, grounds for denial are found. These include poor competence, trustworthiness, financial responsibility, or personal and business reputation, or an insurance license denial for cause within five years. Acting as an administrator without a license is a class C felony. After notice and a hearing, listed violations or fitness problems can lead to license revocation and fines up to $10,000. Alternatively, the Commissioner can suspend the license, fine up to $5,000, or both; revocation and fines can also be combined.

Sponsors & Cosponsors

Sponsor

  • House Industry, Business and Labor

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 139 • No: 1

Senate vote • 3/7/2025

Second reading, passed, yeas 47 nays 0

Yes: 47 • No: 0

House vote • 1/16/2025

Second reading, passed, yeas 92 nays 1

Yes: 92 • No: 1

Actions Timeline

  1. Filed with Secretary Of State 03/14

    3/19/2025House
  2. Signed by Governor 03/14

    3/18/2025House
  3. Sent to Governor

    3/13/2025House
  4. Signed by Speaker

    3/13/2025House
  5. Signed by President

    3/12/2025Senate
  6. Returned to House

    3/10/2025House
  7. Second reading, passed, yeas 47 nays 0

    3/7/2025Senate
  8. Reported back, do pass, place on calendar 6 0 0

    3/7/2025Senate
  9. Committee Hearing 09:30

    2/12/2025Senate
  10. Introduced, first reading, referred Human Services Committee

    2/5/2025Senate
  11. Received from House

    1/17/2025Senate
  12. Second reading, passed, yeas 92 nays 1

    1/16/2025House
  13. Reported back, do pass, place on calendar 13 0 1

    1/15/2025House
  14. Committee Hearing 10:15

    1/8/2025House
  15. Introduced, first reading, referred Industry, Business and Labor Committee

    1/7/2025House

Bill Text

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