HB 1429: Annuity Contracts
GENERAL BILL by Schwartz
Annuity Contracts; Requires insurance companies to include provision in annuity contracts entered into with senior consumers authorizing senior consumers to terminate or liquidate contract without penalty upon being admitted as resident in specified long-term care facilities.
Effective Date: 07/01/2010
Last Action: 4/30/2010 House - Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Bill Text: Web Page | PDF
Last Action: 4/30/2010 House - Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/26/2010 | House |
• Filed |
| 3/2/2010 | House |
• Introduced -HJ 00128 |
| 3/10/2010 | House |
• Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Elder & Family Services Policy (HFPC); General Government Policy Council -HJ 00256 |
| 4/30/2010 | House |
• Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC) |