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House Bill No. 5506

Public Act No. 22-118 622 of 739

(E) In the case of a sponsored captive insurance company, not less than [two hundred twenty-five thousand dollars;] the greater of: (i) Seventy-five thousand dollars; or (ii) An amount that the commissioner determines is necessary for the sponsored captive insurance company to meet such sponsored captive insurance company's policy obligations; (F) In the case of a special purpose financial captive insurance company, not less than [two hundred fifty thousand dollars;] the greater of: (i) Two hundred fifty thousand dollars; or (ii) An amount that the commissioner determines is necessary for the special purpose financial captive insurance company to meet such special purpose financial captive insurance company's policy obligations; (G) In the case of a sponsored captive insurance company licensed as a special purpose financial captive insurance company, not less than [five hundred thousand dollars;] the greater of: (i) Two hundred fifty thousand dollars; or (ii) An amount that the commissioner determines is necessary for such captive insurance company to meet such captive insurance company's policy obligations; and (H) In the case of an agency captive insurance company, not less than [five hundred thousand dollars] the greater of: (i) Two hundred fifty thousand dollars; or (ii) An amount that the commissioner determines is necessary for the