California 20252026 Regular Session Status: Passed Senate 1 D cosponsors

SB 583 — Insurer financial statements.

Last action — Referred to Com. on INS.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the Senate. Introduced February 20, 2025. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Assembly.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 48% · moderate confidence

  • Passed Senate

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

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.

Bill Text

What changed in the latest version

1 added · 1 removed

Plain-language change summary

The changes to Bill SB 583 include the addition of new text and the removal of some previous sections. This adjustment likely reflects updates to clarify the bill's purpose or to include more specific provisions. Such revisions are important because they help ensure the bill is relevant and clear, making it easier for lawmakers and the public to understand its impact.

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Action History

  1. Referred to Com. on INS.

  2. In Assembly. Read first time. Held at Desk.

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

  4. Read second time. Ordered to consent calendar.

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

  6. Set for hearing April 21.

  7. 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.

  8. Set for hearing April 9.

  9. Referred to Com. on INS.

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

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

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Consent Calendar 2nd

Passed 37 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Democratic 27003
Republican 10000
Total 37003
% of votes cast 93%0%0%8%
How each member voted (40)
Member Party Vote
Allen, Benjamin Democratic Yea
Archuleta, Bob Democratic Not Voting
Arreguín, Jesse Democratic Yea
Ashby, Angelique V. Democratic Yea
Becker, Josh Democratic Yea
Blakespear, Catherine S. Democratic Yea
Cabaldon, Christopher Democratic Yea
Caballero, Anna M. Democratic Yea
Cervantes, Sabrina Democratic Yea
Cortese, Dave Democratic Yea
Durazo, Maria Elena Democratic Yea
Gonzalez, Lena A. Democratic Yea
Grayson, Timothy S. Democratic Yea
Hurtado, Melissa Democratic Yea
Laird, John Democratic Yea
Limón, Monique Democratic Yea
McGuire, Mike Democratic Yea
McNerney, Jerry Democratic Yea
Menjivar, Caroline Democratic Yea
Padilla, Stephen C. Democratic Yea
Pérez, Sasha Renée Democratic Yea
Reyes, Eloise Gómez Democratic Not Voting
Richardson, Laura Democratic Yea
Rubio, Susan Democratic Not Voting
Smallwood-Cuevas, Lola Democratic Yea
Stern, Henry I. Democratic Yea
Umberg, Thomas J. Democratic Yea
Wahab, Aisha Democratic Yea
Weber Pierson, M.D., Akilah Democratic Yea
Wiener, Scott D. Democratic Yea
Alvarado-Gil, Marie Republican Yea
Choi, Steven S. Republican Yea
Dahle, Megan Republican Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Yea
Ochoa Bogh, Rosilicie Republican Yea
Seyarto, Kelly Republican Yea
Strickland, Tony Republican Yea
Valladares, Suzette Martinez Republican Yea

Official roll call →

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

Passed 7 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democratic 5000
Republican 2000
Total 7000
% of votes cast 100%0%0%0%
How each member voted (7)
Member Party Vote
Becker, Josh Democratic Yea
Caballero, Anna M. Democratic Yea
Padilla, Stephen C. Democratic Yea
Rubio, Susan Democratic Yea
Wahab, Aisha Democratic Yea
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Yea

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 583 do?
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 SB 583?
SB 583 is sponsored by Rubio, Susan (Democratic).
What is the current status of SB 583?
This bill has passed the Senate. Introduced February 20, 2025. It now moves to the second chamber.
Where can I track SB 583?
Track SB 583 free on One Click Politics — get push/email alerts when it moves.

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