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Glossary of Legislative Terms

HB 1507: Viatical Settlement Contracts

GENERAL BILL by Bennett

Viatical Settlement Contracts; provides additional responsibilities of viatical settlement provider; clarifies application of licensing requirements to viatical settlement providers; provides grace period for certain unlicensed viatical settlement providers under certain circumstances; excludes from application certain contracts providing for accelerating death benefits under certain circumstances. Amends 626.9911,.9924,.99245, 627.601; creates 626.99297.

Effective Date: 07/01/2001
 Last Action: 5/4/2001 House - Died in Council on Council for Competitive Commerce, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 108 (Ch. 2001-207), CS/SB 1530 (Ch. 2001-247)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/16/2001 House • Filed
    3/19/2001 House • Introduced -HJ 00187
    3/26/2001 House • Referred to Insurance (CCC); Judicial Oversight (SGC); Council for Competitive Commerce -HJ 00348
    4/9/2001 House • On Committee agenda-- Insurance (CCC), 04/11/01, 1:30 pm, Reed Hall
    4/11/2001 House • Favorable with 1 amendment(s) by Insurance (CCC); YEAS 13 NAYS 0 -HJ 00534
    4/13/2001 House • Now in Judicial Oversight (SGC) -HJ 00534
    4/27/2001 House • Withdrawn from Judicial Oversight (SGC) -HJ 00970; Now in Council for Competitive Commerce
    5/4/2001 House • Died in Council on Council for Competitive Commerce, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 108 (Ch. 2001-207), CS/SB 1530 (Ch. 2001-247)

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  • HB 1507, Original Filed Version (Current Bill Version) Posted 3/17/2001 at 12:39 PM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance (Post-Meeting) 4/9/2001 (pdf)
    Insurance (Post-Meeting) 4/12/2001 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 108 (e1) Geller Compare Last Action: 6/13/2001 Approved by Governor; Chapter No. 2001-207; See also CS/SB 1530 (Ch. 2001-247), HB 579 (Ch. 2001-198)
    Location:
    S 1530 (e1) Geller Compare Last Action: 6/15/2001 Approved by Governor; Chapter No. 2001-247; See also CS/CS/SB 108 (Ch. 2001-207)
    Location:

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    883055 - Amendment
    		Insurance 4/12/2001
    5:59 PM     		Web Page
    PDF

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245 Conflict of regulation of viaticals.
    626.99297
    627.601 Scope of this part.

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