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HB 1461: Viatical Settlements

GENERAL BILL by Hays

Viatical Settlements; Requires viatical settlement provider to file annual statement containing specified information; revises grounds for which OIR may suspend, revoke, deny, or refuse to renew license of viatical settlement provider; prohibits performing functions of life expectancy provider regarding viatical settlement contracts without first registering as life expectancy provider, etc.

Effective Date: 07/01/2009
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/2/2009 House • Filed
    3/3/2009 House • Introduced -HJ 00120
    3/9/2009 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); General Government Policy Council; Government Operations Appropriations (CGHC); Full Appropriations Council on General Government & Health Care -HJ 00194
    5/2/2009 House • Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)

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  • HB 1461, Original Filed Version (Current Bill Version) Posted 3/2/2009 at 6:24 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1924 Viatical Settlements [CPSC] Gaetz Identical Last Action: 5/2/2009 S Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance
    Location:
    H 1167 Viatical Settlements Legg Compare Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
    Location:
    S 1882 Viatical Settlements [CPSC] Fasano Compare Last Action: 4/14/2009 S Withdrawn from Banking and Insurance; Judiciary; General Government Appropriations -SJ 00337; Withdrawn from further consideration -SJ 00337
    Location:

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9913 Viatical settlement provider license continuance; annual report; fees; deposit.
    626.9914 Suspension, revocation, denial, or nonrenewal of viatical settlement provider license; grounds; administrative fine.
    626.99175 Life expectancy providers; registration required; denial, suspension, revocation.
    626.992 Use of licensed viatical settlement providers, viatical settlement brokers, and registered life expectancy providers required.
    626.9922 Examination.
    626.99234
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245 Conflict of regulation of viaticals.
    626.9925 Rules.
    626.99275 Prohibited practices; penalties.
    626.99287 Contestability of viaticated policies.

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