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CS/SB 1476: Annuities

GENERAL BILL by Banking and Insurance ; Richter

Annuities; Providing that recommendations relating to annuities made by an insurer or its agents apply to all consumers not just to senior consumers; revising the information relating to annuities that must be provided by the insurer or its agent to the consumer; prohibiting specified charges for annuities issued to persons 65 years of age or older; increasing the period of time that an unconditional refund must remain available with respect to certain annuity contracts, etc.

Effective Date: 10/1/2012
Last Action: 3/9/2012 Senate - Died in Budget Subcommittee on General Government Appropriations
Location: In committee/council (BGA)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Budget Subcommittee on General Government Appropriations (BGA)
  3. Budget (BC)



Bill History

Date Chamber Action
1/5/2012 Senate • Filed
1/13/2012 Senate • Referred to Banking and Insurance; Budget -SJ 157
• Introduced -SJ 157
2/2/2012 Senate • On Committee agenda-- Banking and Insurance, 02/07/12, 1:30 pm, 412 Knott Building
2/7/2012 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 484
2/8/2012 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
2/9/2012 Senate • Now in Budget -SJ 484
• Subreferred to Budget Subcommittee on General Government Appropriations -SJ 485
• Now in Budget Subcommittee on General Government Appropriations
• CS by Banking and Insurance read 1st time -SJ 487
3/9/2012 Senate • Died in Budget Subcommittee on General Government Appropriations