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The Committee on Banking and Insurance (Bennett) recommended the

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following amendment:

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     Senate Amendment (with title amendments)

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     Delete line(s) 379-397

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and insert:

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     (e) Prior to the execution of a purchase or exchange of an

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annuity or life insurance policy resulting from a

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recommendation, an agent shall also disclose to the consumer

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that such purchase or exchange may have tax consequences and

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that the applicant should contact his or her tax advisor for

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more information.

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     (f)(d)1. An insurer or insurance agent must shall ensure

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     Delete line(s) 47,

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and insert:

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annuity; requiring

3/17/2008  7:46:00 AM     597-05049-08