1999 Regular Session

HOUSE BILL 425

File Code: Insurance - Health and Life Crossfiled with: SENATE BILL 578
Sponsored By:
Delegate Krysiak
Entitled:
Life Insurance and Annuities - Funding Pre-Need Contracts and Preneed Burial Contracts

Synopsis:

Authorizing a pre-need contract or preneed burial contract to be funded by a life insurance policy or annuity contract under specified circumstances; exempting from specified provisions of the Insurance Article life insurance or an annuity used to fund a pre-need contract or preneed burial contract; etc.

History by Legislative Date

House Action
2/10
First Reading Economic Matters
Hearing 2/23 at 1:00 p.m.
3/23

Favorable with Amendments Report by Economic Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (134-1)
4/4
Return Passed
5/27
Governor vetoed - Cross-filed bill was signed
Senate Action
3/25
First Reading Finance
3/26
Hearing 4/1 at 1:00 p.m.
4/5
Favorable Report by Finance
Favorable Report Adopted
Second Reading Passed
4/6
Third Reading Passed (45-1)
Bill indexed under the following Subjects:
CEMETERIES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
FUNERALS
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
MORTICIANS
Bill affects the following Statutes:
Business Regulation
( 5-702 )
Health Occupations
( 7-405 )
Insurance
( 27-211 , 27-218 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 153983/1 (PDF)     Offered on: March 23, 1999   at: 10:41 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 24, 1999: Third Reading Passed (134-1)
Senate
April 6, 1999: Third Reading Passed (45-1)