Two bills were discussed today in the House Banking and Insurance Committee.
HB 2851 would update the dee structure provision for broker-dealers, agents, investments advisers and certain securities offering and opinions and to increase the associated fund cap. The bill will now be sent to the floor with the recommendation that it do pass but first be referred to the committee on Finance.
HB 2871 would eliminate the mandatory 80% of the employer, 20% employee cost share on PEIA active employee premiums and to instead set 80% as the maximum employer share and 20% as the minimum employee share. The bill will be sent to the floor with the recommendation that it do pass but first be referred to the committee on Finance.
