[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6344204,"mediaKeyId","2251076-daf00b75f9dbce72972d8a1c7c2cb701","parentId",2251076,"title","House Business Committee sends bill to House floor to expand and clarify Life and Health Insurance Guarantee Association","audioSeconds",256,"startMs",431000,"endMs",687000,"viewUrl","/Search/View?dp=1&key=2251076-daf00b75f9dbce72972d8a1c7c2cb701&start=431&end=687","thumbnailUrl","https://assets.pipeline.soar.com/2251076-daf00b75f9dbce72972d8a1c7c2cb701/thumbnail_431000.jpg","articleUrl","/articles/6344204/Idaho/House-Business-Committee-sends-bill-to-House-floor-to-expand-and-clarify-Life-and-Health-Insurance-Guarantee-Association","mediaUrl","https://secure.pipeline.soar.com/6344204-01b6036174aa61d632212d6358c64326/orig.mp4?Expires=1771161638&Signature=SbX~6BZzkBJOsOfpxJP-EfHzoe-V82PIIaaJORQuMquEFpU-mUWp5hOCgXBoJsEP5h8EXBuz2AvetykkUCMaSjSj4wC5GF29QpU7YAm9f1xV3MKq73FntTV4UTzAweB~N5Tv6H7pNxVm3CHzhJ7Grmlao1ebwZj25K7u-F3ANm~u7~DOuAt6sLqQm40M17psne3YaQLQMRxVjs5EfbiCoRR12xpED5-Q9Wq9G~cA-4SCYH3dK1x3IRGZ-xv24QwFCZy5lyN7nNs7cNBqdiIkiR-aqBYYREbFQIAQEf0Gh833YCxUsINc7TAMr2ed4XzdW6-fumVeVhgJF-uUPSBunA__&Key-Pair-Id=KUT5TJCACFTXG","author","Idaho House of Representatives","date","2025-02-07T00:00:00Z","article","At a Feb. 7 public hearing, the House Business Committee voted to send House Bill 38 to the House floor with a do-pass recommendation. Representative Jeff Ehlers, District 21, Meridian, sponsored the bill, which would amend how the Life and Health Insurance Guarantee Association protects policyholders.

Ehlers told the committee HB38 makes four changes. First, it clarifies the association's intent to protect original policyholders rather than entity purchasers such as factoring companies. Second, it authorizes an interest-rate rollback mechanism, allowing the association to reduce excessively high interest guarantees back to industry-standard levels if a failed insurer had offered above-market rates. Third, HB38 would include certain consumer-oriented co-ops formed under the Affordable Care Act; Ehlers said one remaining co-op in Montana is doing business in Idaho and has asked to join the association. Fourth, the bill would remove the statutory cap on association membership fees so the association could increase assessments to cover operating costs.

Bruce Spencer, an attorney and lobbyist representing Mountain Health Co-op, told the committee the co-op supports joining the association. “The co op rights insurance for 11,215 folks here in Idaho and we do feel it's appropriate and important that we join the guarantee association and so we thank the sponsor for bringing the bill and support it,” Spencer said.

Representative Maher moved to send House Bill 38 to the floor with a do-pass recommendation; the committee approved the motion by voice vote and the chair announced the motion carried. No opponents signed up to testify and the committee closed the public hearing after Spencer's remarks.","mediaType","Video","parentTitle","House Business Meeting February 7, 2025","oneSentenceSummary","House Bill 38 would clarify the Guarantee Association's coverage, allow inclusion of certain co-ops, permit interest-rate rollbacks, and remove the cap on membership fees; the committee voted to send the bill to the House floor with a 'do pass' recommendation after a public hearing that included testimony from Mountain Health Co-op.","taxTitle","Business, HOUSE OF REPRESENTATIVES, Committees, Legislative, Idaho","taxId",54708,"location","Idaho","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6344209,"Committee introduces bill to let financial institutions place temporary holds on suspected elder fraud",47,241000,288000,"/Search/View?dp=1&key=2251076-daf00b75f9dbce72972d8a1c7c2cb701&start=241&end=288","https://assets.pipeline.soar.com/2251076-daf00b75f9dbce72972d8a1c7c2cb701/thumbnail_241000.jpg","/articles/6344209/Idaho/Committee-introduces-bill-to-let-financial-institutions-place-temporary-holds-on-suspected-elder-fraud","https://secure.pipeline.soar.com/6344209-793f88dc6888895c92bbdb280a1c2800/orig.mp4?Expires=1771161638&Signature=BhAxHh65mVKBJlj2n3yFjMPQt2SgEKxgqjaV7hy2sPTORfDhNHqw2AhCS0HdG4AvaG5fPjKWcorCM76PXDsKzvKXRNb1yHrPCzz8YrhFCaUt8O9cTDbvNIcl3O6MLmRDscTRr~EvKONuM~bcfU4FPsK5v4yeEpw2mhthadTxVpwzl7Hd~RBuus~Ik7CT3Eymp0X~HPWrGbymXklYZX05azxArTOJKiEQtcEq1hBzsi2i-NV27fzp6ScZXwpwWaY~yLQxppz0g2ir48h8nAnzlSnIjVsHVb6H3-r7E0mqzypie5CxnRYRd38pTlUP-Elw77z2JGgmtczsOzgUTqMxyQ__&Key-Pair-Id=KUT5TJCACFTXG","The House Business Committee introduced RS32195 change 1 on Feb. 7, a draft resolution designed to give financial institutions a limited legal mechanism to temporarily hold transactions when they have reason to suspect fraud targeting seniors or vulnerable adults.

Representative Jeff Ehlers, District 21, Meridian, the sponsor, said the proposal is aimed at preventing financial fraud among “senior citizens aged 65 and older and vulnerable adults.” He described the tool as allowing institutions to “place a hold on it. They can do an initial investigation, and then we give them a little time to work with law enforcement agencies, Department of Finance, and others to do a full investigation.”

During committee discussion, Representative Marmon asked why statute is needed if financial institutions could adopt internal policies to protect customers. Ehlers replied the statute provides legal protection to institutions and reduces the risk that a customer will be upset if a transaction is held: “This allows, the financial institutions to ensure it is in law and that they're protected because it is in law.”

Representative Goody (substituting for Representative Wheeler) moved to introduce RS32195 change 1; the motion was approved by voice vote and the chair announced the motion carried. The committee did not hold a public hearing on the resolution at the Feb. 7 meeting.","RS32195 change 1 would allow banks and credit unions to place temporary holds and investigate transactions when they reasonably suspect financial exploitation of people aged 65 and older or vulnerable adults; the committee voted to introduce the resolution.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6344214,"House Business Committee introduces bill clarifying filing of credit-union articles",52,134000,186000,"/Search/View?dp=1&key=2251076-daf00b75f9dbce72972d8a1c7c2cb701&start=134&end=186","https://assets.pipeline.soar.com/2251076-daf00b75f9dbce72972d8a1c7c2cb701/thumbnail_134000.jpg","/articles/6344214/Idaho/House-Business-Committee-introduces-bill-clarifying-filing-of-credit-union-articles","https://secure.pipeline.soar.com/6344214-e705557f735972425fa7d68ecb3a902d/orig.mp4?Expires=1771161638&Signature=j2EldfPl2qdwKPwMYU9SZlYcCg0tY3XDuJQUonSvgKeoPZbmJP6TlkUMOZd4ECLdoNXr0Ve~xhOFDk-~xn10kS8IpNgiXnm2o9uVq36KUhuwN2I9p2VH2NbG~Zu67pX-SXDpx0RbDOg3sfIoH2RAsKS7skPw9-uKc49g2ZPf7JhlNo~nwRA60YY59PotzZL~xi0Eg6hi~YhVFYzKhZHKcCd7ub~FtYM1jndTU3p-EF65NICalUd4OwhUelG5eFE3l6j2H5cachI1ANMrobu6mtZ4PDW6Uawy335YGuuD2cSLzUAzGf5qJCGUU2Z7RmLwQb4spD3xUMMc7kagnUa5wA__&Key-Pair-Id=KUT5TJCACFTXG","At its Feb. 7 special meeting, the House Business Committee voted to introduce RS32187, a resolution that clarifies filing requirements for credit unions' original articles of incorporation.

Representative Jeff Ehlers, District 21, Meridian, who sponsored the draft resolution, told the committee the patch to the Idaho Credit Union Act is intended to clear confusion about where credit unions must file their original articles. He said credit unions “are confused” because prior language required amended articles to be filed with the secretary of state but did not explicitly mention original articles. “So this just clarifies that, you can file your You will file your original articles with the secretary of state,” Ehlers said.

The committee approved a motion to introduce RS32187. The motion was made for the record by Representative Jeff Ehlers; the vote was taken by voice and the chair announced the motion carried.

The resolution was introduced for further consideration; committee members did not request a public hearing or further immediate discussion during the special meeting.","Rep. Jeff Ehlers introduced RS32187 to clarify that credit unions must file their original articles with the secretary of state; the committee voted to introduce the resolution.","actionData","errors"]

Article not found

House Business Committee sends bill to House floor to expand and clarify Life and Health Insurance Guarantee Association

Committee introduces bill to let financial institutions place temporary holds on suspected elder fraud

House Business Committee introduces bill clarifying filing of credit-union articles