Bill Commons

CA SB 583

Status unknown

Insurer financial statements.

California · 2025-2026 Regular Session · upper

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Quick answers

Did CA SB 583 pass?

The current status of CA SB 583 is not known from the official record. Latest recorded action (2025-05-12): Referred to Com. on INS.

What is CA SB 583 about?

Existing law requires an insurer doing business in the state to file with the Insurance Commissioner various financial statements and forms at prescribed intervals. Existing law requires the commissioner to collect a late filing fee of $705 from an admitted insurer that fails to timely file these statements, and requires the commissioner to collect an additional late filing fee of $849 for each month or part thereof that an insurer continues to transact insurance without filing the required statements. This bill would increase the above-described late filing fees to $800 and $900, respectively.

Who sponsors CA SB 583?

Rubio is the primary sponsor of CA SB 583.

Description

Existing law requires an insurer doing business in the state to file with the Insurance Commissioner various financial statements and forms at prescribed intervals. Existing law requires the commissioner to collect a late filing fee of $705 from an admitted insurer that fails to timely file these statements, and requires the commissioner to collect an additional late filing fee of $849 for each month or part thereof that an insurer continues to transact insurance without filing the required statements. This bill would increase the above-described late filing fees to $800 and $900, respectively.

Introduced
2025-02-20
Latest action
2025-05-12 — Referred to Com. on INS.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Rubioauthor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2025-05-12

    Referred to Com. on INS.

    referral-committee

  2. 2025-04-24

    In Assembly. Read first time. Held at Desk.

    reading-1

  3. 2025-04-24

    Read third time. Passed. (Ayes 37. Noes 0. Page 887.) Ordered to the Assembly.

    passage,reading-1,reading-3

  4. 2025-04-22

    Read second time. Ordered to consent calendar.

    reading-1,reading-2

  5. 2025-04-21

    From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.

    committee-passage,reading-1,reading-2

  6. 2025-04-11

    Set for hearing April 21.

  7. 2025-04-09

    From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 7. Noes 0. Page 738.) (April 9). Re-referred to Com. on APPR.

    committee-passage,committee-passage-favorable,referral-committee

  8. 2025-03-26

    Set for hearing April 9.

  9. 2025-03-05

    Referred to Com. on INS.

    referral-committee

  10. 2025-02-21

    From printer. May be acted upon on or after March 23.

  11. 2025-02-20

    Introduced. Read first time. To Com. on RLS. for assignment. To print.

    introduction,reading-1,referral-committee

Versions

Documents

Votes

  • Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar

    2025-04-09 · pass · 7-0

    Member-level votes (7)
    • Wahab: yes
    • Jones: yes
    • Padilla: yes
    • Rubio: yes
    • Becker: yes
    • Niello: yes
    • Caballero: yes

  • Consent Calendar 2nd

    2025-04-24 · pass · 37-0

    Member-level votes (40)
    • Weber Pierson: yes
    • Cervantes: yes
    • Richardson: yes
    • Menjivar: yes
    • Seyarto: yes
    • Limón: yes
    • Durazo: yes
    • Niello: yes
    • McGuire: yes
    • Blakespear: yes
    • Laird: yes
    • Cortese: yes
    • Ashby: yes
    • Grayson: yes
    • Strickland: yes
    • Cabaldon: yes
    • Grove: yes
    • Umberg: yes
    • Wiener: yes
    • Allen: yes
    • Wahab: yes
    • McNerney: yes
    • Hurtado: yes
    • Jones: yes
    • Padilla: yes
    • Choi: yes
    • Stern: yes
    • Gonzalez: yes
    • Dahle: yes
    • Arreguín: yes
    • Alvarado-Gil: yes
    • Becker: yes
    • Caballero: yes
    • Valladares: yes
    • Pérez: yes
    • Ochoa Bogh: yes
    • Smallwood-Cuevas: yes
    • Reyes: other
    • Archuleta: other
    • Rubio: other

Related bills

No related bills recorded for this bill.

Official source

http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB583

Attribution

Data from openstates_api_sync, retrieved 2026-10-30T06:24:26.723252Z

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