Rep. J. MOORE proposes the following Amendment No. to H.4025 as introduced by Ways & Means

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EXPLANATION: Creating a study committee to conduct a review of the powers, responsibilities, and duties of the director of the Department of Insurance

Amend the bill, as and if amended, Part IB, Section 78, DEPARTMENT OF INSURANCE, page 441, after line 28, by adding an appropriately numbered proviso to read:

/(INS: Director Study Committee) (A) For the current fiscal year, there is created a study committee to conduct a thorough review of the powers, duties, and responsibilities of the Director of the Department of Insurance in order to identify potential areas for improvement, enhance efficiency, and ensure that the director's role aligns with the needs of the public and the insurance industry. The study committee shall be created to examine and evaluate the powers and duties of the Director and recommend strategies for streamlining responsibilities, eliminating redundancies, and improving overall effectiveness.

(B) The committee shall consist of five members appointed as follows:

(1) one member of the House of Representatives, appointed by the Speaker of the House;

(2) one member of the Senate, appointed by the President of the Senate;

(3) the Governor, or his designee, who shall serve as a non-voting ex-officio member; and

(4) two subject matter experts on insurance law, administrative law, or government efficiency, to be appointed jointly by the Speaker of the House and the President of the Senate.

(C) The committee shall have the authority to request information from the Department of Insurance, other state agencies, and any entity necessary to fulfill its duties.

(E) The study committee shall prepare a report of its findings, conclusions, and recommendations. The report shall be submitted to the General Assembly no later than June 30, 2026./

Renumber sections to conform.

Amend totals and titles to conform.