Mississippi Legislature
2004 Regular Session

House Bill 522

Main Menu


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] [Passed House] [Sent to Governor]

History of Actions:

1 01/22 (H) Referred To Insurance
2 03/03 (H) Title Suff Do Pass
3 03/12 (H) Amended
4 03/12 (H) Passed As Amended
5 03/16 (H) Transmitted To Senate
6 03/17 (S) Referred To Insurance
7 04/01 (S) Title Suff Do Pass As Amended
8 04/07 (S) Amended
9 04/07 (S) Passed As Amended
10 04/08 (S) Returned For Concurrence
11 04/14 (H) Decline to Concur/Invite Conf
12 04/23 (H) Conferees Named Formby,Chism,Upshaw
13 04/27 (S) Conferees Named Kirby,Ross,Hewes
14 05/02 (H) Conference Report Filed
15 05/02 (S) Conference Report Filed
16 05/03 (H) Recommitted For Further Conf
17 05/03 (S) Recommitted For Further Conf
18 05/03 (S) Conference Report Filed
19 05/03 (H) Conference Report Filed
20 05/04 (H) Conference Report Adopted
21 05/04 (S) Conference Report Adopted
22 05/06 (H) Enrolled Bill Signed
23 05/07 (S) Enrolled Bill Signed
24 05/14 Approved by Governor

Amendments/Conference Report:

Adopted [H] Amendment No 1
Adopted [S] Committee Amendment No 1
Adopted [S] Amendment No 1 to Committee Amendment No 1
   
[S] Amendment Report for House Bill No. 522

Conference Report

Background Information:

Effective datePassage
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority
Chapter number564

House Committee:

Senate Committee:

Principal Author: Stevens

Code Section: A 025-0015-0009

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; TO AMEND SECTION 25-15-9, MISSISSIPPI CODE OF 1972, TO ALLOW ANY SCHOOL DISTRICT, COMMUNITY/JUNIOR COLLEGE DISTRICT OR PUBLIC LIBRARY UNTIL OCTOBER 1, 2004, TO CHOOSE A CERTAIN POLICY OR POLICIES OF GROUP LIFE INSURANCE WITH AN INSURANCE COMPANY APPROVED BY THE STATE AND SCHOOL EMPLOYEES HEALTH INSURANCE MANAGEMENT BOARD IN LIEU OF PARTICIPATION IN THE STATE AND SCHOOL LIFE INSURANCE PLAN; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/14/04 at 14:55.

End Of Document
2004/html/History/HB/HB0522.htm