Establishes the nine member Joint Legislative Committee on State‑Mandated Health Insurance Coverage Requirements (Committee) consisting of four members of the House of Representatives appointed by the Speaker of the House, four members of the Senate appointed by the President Pro Tempore of the Senate, and the Commissioner of Insurance, or the Commissioner's designee, serving ex officio as a nonvoting member. The purpose of the Committee is to study all health insurance mandated coverage requirements imposed by the State upon health insurance sold in the state. Defines coverage requirements as including benefits specific to care, treatment, and services, as well as benefits relating to coverage of provider types, cost‑sharing, or reimbursement methods that an insurer is required to offer. Specifies issues to be included in the study. 

Provides for the filling of vacancies, naming of Committee chairs, and for staffing. 

Allows the Committee to issue an interim report of its findings and recommendations, including any legislation necessary to implement those recommendations, to the 2018 Regular Session of the 2017 General Assembly upon its convening and requires a final report to the 2019 Regular Session of the General Assembly upon its convening. Terminates the Committee upon filing its final report or upon the convening of the 2019 General Assembly, whichever is earlier.

Appropriates $200,000 to the General Assembly for the 2017‑18 fiscal year to contract for consultant services to assist the Committee in conducting its work.

Effective July 1, 2017.