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Committee on Business & Commerce advances six bills, sends them to the Senate
Summary
The Committee on Business & Commerce adopted committee substitutes and reported six bills favorably to the full Senate, including measures on insurer reporting, energy credits, municipal transparency reporting, project procurement, and use of AI in prior authorization.
The Committee on Business & Commerce advanced six bills on a series of committee votes and will send them to the full Senate for further consideration.
The committee adopted committee substitutes and reported the bills favorably after brief explanations from authors and short roll-call votes. The measures sent to the Senate address insurer reporting requirements, energy tax credits, municipal nonprofit contract reporting, prohibitions on project labor agreement requirements tied to federal matching funds, and standards for artificial intelligence in prior authorization decisions.
Senator Milton, explaining the committee substitute for Senate Bill 1006, said the change "adds an additional layer of transparency by requiring that insurers report information to TDI regarding the written statements of reason for declination, cancellation or nonrenewal of policies ... by zip code…
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