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CS/CS/SB 1242: Insurance & Investments

GENERAL BILL by Judiciary ; Banking and Insurance ; Geller

Insurance & Investments; defines & revises certain definitions; requires disclosure of certain information re viatical settlement broker fees; requires viatical settlement sales agents to be licensed by Insurance Dept.; provides that viatical settlement purchase agreement rates are not regulated; establishes grace period for viatical settlement sales agents transacting business in this state, etc. Amends Ch. 626.

Effective Date: 05/26/1999
Last Action: 5/26/1999 - Approved by Governor; Chapter No. 99-212
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/17/1999 Senate • Prefiled
    3/2/1999 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00083
    3/17/1999 Senate • On Committee agenda-- Banking and Insurance, 03/22/99, 1:00 pm, Room-110S --Temporarily postponed
    3/24/1999 Senate • On Committee agenda-- Banking and Insurance, 03/29/99, 1:00 pm, Room-110S
    3/29/1999 Senate • Comm. Action: CS by Banking and Insurance -SJ 00436; CS read first time on 04/06/99 -SJ 00443
    3/31/1999 Senate • Now in Judiciary -SJ 00436
    4/12/1999 Senate • On Committee agenda-- Judiciary, 04/15/99, 1:00 pm, Room-110S
    4/15/1999 Senate • Comm. Action:-CS/CS by Judiciary -SJ 00639; CS read first time on 04/21/99 -SJ 00640
    4/19/1999 Senate • Placed on Calendar -SJ 00639
    4/23/1999 Senate • Placed on Special Order Calendar -SJ 00792; Placed on Consent Calendar -SJ 00792; Read second time -SJ 00780; Amendment(s) adopted -SJ 00780; Read third time -SJ 00783; CS passed as amended; YEAS 39 NAYS 0 -SJ 00783; Immediately certified -SJ 00783
    4/23/1999 House • In Messages
    4/29/1999 House • Received -HJ 01692; Read second and third times -HJ 01692; CS passed; YEAS 118 NAYS 0 -HJ 01692
    4/29/1999 Senate • Ordered enrolled -SJ 01629
    5/12/1999 • Signed by Officers and presented to Governor
    5/26/1999 • Approved by Governor; Chapter No. 99-212

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  • CS/CS/SB 1242, Enrolled (Current Bill Version) Posted 8/28/2000 at 9:55 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 2235 Insurance & Investments Gay Similar Last Action: 4/30/1999 H Died in Committee on General Government Appropriations (FRC), Iden./Sim./Compare Bill(s) passed, refer to CS/CS/SB 1242 (Ch. 99-212)
    Location:

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.99181
    626.9919 Notice of change of address or name; provider licensees and broker licensees.
    626.992 Use of licensed brokers and providers required.
    626.9922 Examination.
    626.99235 Disclosures to investors; misrepresentations.
    626.9925 Rules.
    626.9926 Rate regulation not authorized.
    626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy.
    626.99272
    626.99275
    626.99277
    626.9929 Grace period.
    626.993 Viators with dependent children.

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  • CS/CS/SB 1242, Engrossed 1 Posted 8/28/2000 at 9:55 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance (Post-Meeting) 7/1/1999 (pdf)

    Floor Votes (2)

    Date Chamber Result
    4/23/1999 4:52 PM Senate 39 Yeas - 0 Nays
    4/29/1999 12:20 PM House 118 Yeas - 0 Nays

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.99181
    626.9919 Notice of change of address or name; provider licensees and broker licensees.
    626.992 Use of licensed brokers and providers required.
    626.9922 Examination.
    626.99235 Disclosures to investors; misrepresentations.
    626.9925 Rules.
    626.9926 Rate regulation not authorized.
    626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy.
    626.99272
    626.99275
    626.99277
    626.9929 Grace period.
    626.993 Viators with dependent children.

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  • CS/CS/SB 1242, Committee Substitute 2 Posted 8/28/2000 at 9:55 AM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Post-Meeting) 4/15/1999 (pdf)

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    150208 - Amendment
    Geller 4/23/1999
    3:54 AM
    Web Page
    PDF
    430838 - Amendment
    Geller 4/23/1999
    3:59 AM
    Web Page
    PDF
    160286 - Amendment
    Geller 4/24/1999
    3:03 AM
    Web Page
    PDF

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.99181
    626.9919 Notice of change of address or name; provider licensees and broker licensees.
    626.992 Use of licensed brokers and providers required.
    626.9922 Examination.
    626.99235 Disclosures to investors; misrepresentations.
    626.9925 Rules.
    626.9926 Rate regulation not authorized.
    626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy.
    626.99272
    626.99275
    626.99277
    626.9929 Grace period.

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  • CS/SB 1242, Committee Substitute 1 Posted 8/28/2000 at 9:55 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 3/29/1999 (pdf)

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.99181
    626.9919 Notice of change of address or name; provider licensees and broker licensees.
    626.992 Use of licensed brokers and providers required.
    626.9922 Examination.
    626.99235 Disclosures to investors; misrepresentations.
    626.9925 Rules.
    626.9926 Rate regulation not authorized.
    626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy.
    626.99272
    626.99275
    626.99277
    626.9929 Grace period.

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  • SB 1242, Original Filed Version Posted 8/28/2000 at 9:55 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.99181
    626.992 Use of licensed brokers and providers required.
    626.9922 Examination.
    626.99235 Disclosures to investors; misrepresentations.
    626.99272
    626.99275
    626.99277

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