ARIZONA HOUSE OF REPRESENTATIVES

57th Legislature, 2nd Regular Session

Majority Research Staff

 

☐ Prop 105 (45 votes) ☒ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note

HB4020: insurance; fraud unit; assessment; increase

Sponsor: Representative Livingston, LD 28

Committee on Commerce

Overview

Increases the maximum annual amount the Director of the Department of Insurance and Financial Institutions (DIFI) can assess each licensed insurer to up to $1,350.

History

Established within DIFI, the Fraud Unit investigates any act or practice of insurance fraud.  The Director employs investigators who possess peace officer status while performing their duties. The Director annually assesses each insurer authorized to transact business in Arizona up to $1,050 for the administration and operation of the Fraud Unit and the prosecution of fraud. Monies collected are deposited in the Fraud Unit Assessment Fund and are continuously appropriated (A.R.S. §§ 20-466, 20-466.05).

Provisions

1.   Increases the maximum assessment amount from $1,050 to $1,350. (Sec. 1)

2.   Makes the legislation retroactive to July 1, 2026. (Sec. 2)

3.   Contains a Proposition 108 clause. (Sec. 3)

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7.   Initials PB                       HB 4020

8.   2/12/2026  Page 0 Commerce

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