Bill Text | History of Actions | Background | Title |
Description: Charitable annuity contributions; regulate by Secretary of State.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Judiciary A | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Montgomery (74th)
Title: AN ACT TO PROVIDE FOR THE REGULATION OF CHARITABLE ANNUITY CONTRIBUTIONS; TO DEFINE CERTAIN TERMS; TO CLARIFY THAT A CHARITABLE GIFT ANNUITY IS NOT INSURANCE; TO PROVIDE FOR NOTICE TO A DONOR AND NOTICE TO THE SECRETARY OF STATE; TO CLARIFY THAT FAILURE TO PROVIDE NOTICE DOES NOT PREVENT THE QUALIFICATION OF A CHARITABLE GIFT ANNUITY; TO PROVIDE THAT THE ISSUANCE OF A QUALIFIED CHARITABLE GIFT ANNUITY IS NOT A VIOLATION OF UNFAIR TRADE PRACTICE LAWS; AND FOR RELATED PURPOSES.
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2001/html/History/HB/HB1426.htm