Captive Insurance Company Amendment Act of 2026

Where it is in the process

Plain-English Summary

As introduced, Bill 26-588 would amend the Captive Insurance Company Act of 2004 to update protected cell captive insurers’ requirements related to formation, capital, application, transacting business, taxes on premiums collected, and annual reports. The bill would also establish standard requirements for inactive captive insurance companies and create rulemaking authority.

Source: Legistar · DC Council · fetched June 15, 2026

Votes

Sponsorship · 1 Sponsor

Democrat1Republican0Independent0Other0

D · PrimePhil Mendelson

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