CS/HB 1145: Insurable Interests
GENERAL BILL by Rivera ; (CO-INTRODUCERS) Zapata
Insurable Interests; authorizes certain trusts, partnerships, & limited liability companies to own or purchase life insurance on insured under certain circumstances; provides requirements; requires approval of Financial Services Dept; prohibits assigning or transferring, changing ownership or beneficiary designation, or taking out loan against such policies under certain circumstances; provides for taking such actions under license. Amends 627.404.
Effective Date: Upon becoming law
Last Action: 5/6/2005 House - Died in Commerce Council
Bill Text: Web Page | PDF
Last Action: 5/6/2005 House - Died in Commerce Council
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/24/2005 | House |
• Filed |
| 3/7/2005 | House |
• Referred to Insurance (CC); Colleges & Universities (EDC); Commerce Council |
| 3/8/2005 | House |
• Introduced, referred to Insurance (CC); Colleges & Universities (EDC); Commerce Council -HJ 00099 |
| 4/12/2005 | House |
• On Committee agenda-- Insurance (CC), 04/14/05, 2:00 pm, Morris Hall |
| 4/14/2005 | House |
• Favorable with CS amendment by Insurance (CC); YEAS 11 NAYS 9 -HJ 00534, -HJ 00590 |
| 4/20/2005 | House |
• Pending review of CS under Rule 6.3(b); Withdrawn from- Colleges & Universities (EDC) -HJ 00573; Now in Commerce Council -HJ 00590; On Council agenda-- Commerce Council, 04/21/05, 9:15 am, Morris Hall --Not considered |
| 5/6/2005 | House |
• Died in Commerce Council |