Bill Text: MS HB411 | 2024 | Regular Session | Introduced
Bill Title: Commissioner of Insurance; authorize to implement an insurance exchange.
Sponsorship: Partisan Bill (Republican 1)
Status: (Failed) 2024-03-05 - Died In Committee [HB411 Detail]
Download: Mississippi-2024-HB411-Introduced.html
MISSISSIPPI LEGISLATURE
2024 Regular Session
To: State Affairs
By: Representative Zuber
House Bill 411
AN ACT TO AUTHORIZE THE COMMISSIONER OF INSURANCE TO ESTABLISH ANY PROGRAM OR PROMULGATE ANY RULE, POLICY, GUIDELINE, OR PLAN OR CHANGE ANY PROGRAM, RULE, POLICY OR GUIDELINE TO IMPLEMENT, ESTABLISH, CREATE, ADMINISTER, OR OTHERWISE OPERATE AN EXCHANGE, OR TO APPLY FOR, ACCEPT OR EXPEND FEDERAL MONIES RELATED TO THE CREATION, IMPLEMENTATION OR OPERATION OF AN EXCHANGE, AND TO ESTABLISH ANY ADVISORY BOARD OR COMMITTEE AS NECESSARY FOR PROVIDING RECOMMENDATIONS ON THE CREATION, IMPLEMENTATION OR OPERATION OF AN EXCHANGE; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. (1) For purposes of this section, the word "exchange" means a state, federal, or partnership exchange or marketplace operating in Mississippi pursuant to Section 1311 of the Federal Act.
(2) The Commissioner of Insurance shall have the authority to:
(a) Establish any program; promulgate any rule, policy, guideline, or plan; or change any program, rule, policy or guideline to implement, establish, create, administer, or otherwise operate an exchange; or
(b) Apply for, accept or expend federal monies related to the creation, implementation or operation of an exchange; and
(c) Establish any advisory board or committee the Commissioner deems necessary for providing recommendations on the creation, implementation or operation of an exchange.
SECTION 2. This act shall take effect and be in force from and after its passage.
