STATE BILLDC B26-0588ENGROSSED

Captive Insurance Company Amendment Act of 2026

As introduced, Bill 26-588 would amend the Captive Insurance Company Act of 2004 to update protected cell captive insurers’ requirements related to formation, capital, application, transacting business, taxes on premiums collected, and annual reports. The bill would also establish standard requirements for inactive captive insurance companies and create rulemaking authority.

Status: Engrossed; Passed its first chamber
Status date: Oct 20, 2026; 23 days ago
Current chamber: Council
Session: 2025-2026 Regular Session

DC B26-0588 · EngrossedOct 20

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Bill details

Last action: First Reading, CC · Oct 20, 2026

Sponsor

PMPhil MendelsonSenator · Democrat · SD-000Primary sponsor

Bill history

Newest first.

Oct 20, 2026First Reading, CCCouncil

Oct 14, 2026Committee Mark-up of B26-0588Council

Jun 15, 2026Public Hearing HeldCouncil

Jun 5, 2026Notice of Public Hearing Published in the DC RegisterCouncil

Jun 2, 2026Notice of Public Hearing Published in the DC RegisterCouncil

May 8, 2026Notice of Public Hearing Published in the DC RegisterCouncil

May 4, 2026Notice of Public Hearing Published in the DC RegisterCouncil

Feb 6, 2026Notice of Intent to Act on B26-0588 Published in the DC RegisterCouncil

Show 2 earlier actions

Feb 3, 2026Referred to Committee on HealthCouncil

Dec 29, 2025Introduced in Office of the SecretaryCouncil

Recorded vote

First Reading, CCOct 20, 2026 · Council · 13 yea · 0 nayPassed

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