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CS/SB 2412: Viatical Settlements

GENERAL BILL by Banking and Insurance ; Garcia ; (CO-INTRODUCERS) Fasano

Viatical Settlements; specifies nonapplication of certain exemptions to viatical settlement investments; authorizes Financial Services Commission to adopt rules establishing requirements & standards for disclosures & records re viatical settlement investments; requires commission to establish by rule rules of conduct & prohibited business practices for investment advisers & associated persons, etc. Amends Chs. 517, 626, 624.501.

Effective Date: 07/01/2005
Last Action: 6/15/2005 - Approved by Governor; Chapter No. 2005-237
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
3/8/2005 Senate • Filed
3/23/2005 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00267
3/31/2005 Senate • On Committee agenda-- Banking and Insurance, 04/05/05, 3:15 pm, 412-K
4/5/2005 Senate • CS by Banking and Insurance; YEAS 7 NAYS 3 -SJ 00378; CS read first time on 04/07/05 -SJ 00386
4/7/2005 Senate • Now in Judiciary -SJ 00378
4/21/2005 Senate • Withdrawn from Judiciary -SJ 00553; Placed on Calendar, on second reading
4/27/2005 Senate • Placed on Special Order Calendar -SJ 00638; Read second time -SJ 00628; Amendment(s) failed -SJ 00628; Amendment(s) adopted -SJ 00632; Ordered engrossed -SJ 00637
4/28/2005 Senate • Read third time -SJ 00678; Amendment(s) adopted -SJ 00679; CS passed as amended; YEAS 25 NAYS 15 -SJ 00679
4/29/2005 House • In Messages
5/2/2005 House • Received -HJ 01092; Read second and third times -HJ 01093; Substituted for HB 1437 -HJ 01093; CS passed; YEAS 112 NAYS 0 -HJ 01093
5/2/2005 Senate • Ordered enrolled -SJ 00818
6/7/2005 • Signed by Officers and presented to Governor
6/15/2005 • Approved by Governor; Chapter No. 2005-237