STATEMENT OF PURPOSE
RS28458 / H0147
The purpose of this legislation is to establish exclusive standards for data security and standards for the
investigation of and notification to the Director of the Idaho Department of Insurance upon the occurrence of
a Cybersecurity Event affecting any person or entity licensed, authorized to operate, or registered, or required
to be licensed, authorized, or registered pursuant to the insurance laws of Idaho. The bill addresses privacy
concerns associated with organizational cybersecurity practices. The legislation establishes various exceptions
for individuals and entities, and provides for rulemaking authority to the Director.
FISCAL NOTE
This legislation has no impact on the General Fund, as this applies to insurance companies who provide life,
health, property and casualty, and other insurance policies and annuities.
Contact:
Representative Rod Furniss
(208) 332-1056
Jeff Neumeyer
United Heritage Insurance
(208) 475-0919
John Mackey
United Heritage Insurance
(208) 250-2204
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/12/2021, 9:09 AM