Bill Text | History of Actions | Amendments | Background | Title |
Description: Life insurance; provide that the proceeds become due as of the date of the death of the insured.
Bill Text: [Introduced] [Committee Substitute] [Passed House]
| 1 | 01/20 (H) Referred To Insurance | |
| 2 | 01/30 (H) Title Suff Do Pass Comm Sub | |
| 3 | 02/05 (H) Committee Substitute Adopted | |
| 4 | 02/05 (H) Tabled Subject To Call | |
| 5 | 02/11 (H) Amended | |
| 6 | 02/11 (H) Passed As Amended | |
| 7 | 02/13 (H) Transmitted To Senate | |
| 8 | 02/14 (S) Referred To Insurance | |
| 9 | 02/27 (S) Title Suff Do Pass | |
| 10 | 03/06 (S) Amended | |
| 11 | 03/06 (S) Passed As Amended | |
| 12 | 03/06 (S) Motion to Reconsider Entered | |
| 13 | 03/11 (S) Reconsidered | |
| 14 | 03/11 (S) Amended | |
| 15 | 03/11 (S) Passed As Amended | |
| 16 | 03/12 (S) Returned For Concurrence | |
| 17 | 03/25 (H) Decline to Concur/Invite Conf | |
| 18 | 03/26 (H) Conferees Named Stevens,Montgomery (74th),Robinson (63rd) | |
| 19 | 03/28 (S) Conferees Named Kirby,Ross,Nunnelee | |
| 20 | 03/31 (H) Died In Conference |
| Adopted | [H] | Amendment No 1 |
| Adopted | [S] | Amendment No 1 |
| Adopted | [S] | Amendment No 2 |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Senate Committee:
Principal Author: Stevens
Title: AN ACT TO PROVIDE THAT THE PROCEEDS OF A LIFE INSURANCE POLICY BECOME DUE AS OF THE DATE OF THE DEATH OF THE INSURED; TO REQUIRE INSURERS ADMITTED TO TRANSACT LIFE INSURANCE IN THIS STATE TO PAY INTEREST ON PROCEEDS OF CERTAIN LIFE INSURANCE POLICIES; TO PROVIDE THAT SUCH INTEREST SHALL BE COMPUTED FROM THE INSURED'S DEATH UNTIL THE DATE OF PAYMENT; AND FOR RELATED PURPOSES.
End Of Document
2003/html/History/HB/HB1227.htm