CHAPTER NUMBER: 498 
File Code: Insurance - Other than Health
Crossfiled with: HOUSE BILL 1192  
- Sponsored By: 
 - 
Senator Astle
 
- Entitled: 
 - 
Insurance - Individual Deferred Annuities - Minimum Nonforfeiture
Amounts
 
Providing for the calculation of the minimum nonforfeiture amount
under specified annuity contracts; providing for the calculation of
and imposing conditions on the interest rate used in determining the
minimum nonforfeiture amount under an annuity contract; requiring an
insurer to provide specified information regarding the redetermination
of an interest rate in an annuity contract; providing for the
calculation of and imposing specified conditions on benefits for
annuity contracts; etc.
Senate Action
- 2/4
 - First Reading Finance
 - 2/8
 - Hearing 2/22 at 1:00 p.m.
 - 2/11
 - Hearing cancelled
 - 2/14
 - Hearing 3/11 at 1:00 p.m.
 - 3/2
 - Hearing cancelled
 -      Hearing 3/11 at 2:00 p.m.
 - 3/28
 
- Favorable with Amendments Report by Finance
 -      Favorable with Amendments Report Adopted
 -      Second Reading Passed with Amendments
 - 3/29
 - Third Reading Passed (46-1)
 - 4/5
 - Returned Passed
 
House Action
- 3/28
 - First Reading House Rules and Executive Nominations
 - 4/4
 - Re-referred Health and Government Operations
 - 4/5
 - Hearing 4/5 at 1:00 p.m.
 - 4/6
 - Favorable Report by Health and Government Operations
 - 4/1
 - Favorable Report Adopted
 -      Second Reading Passed
 - 4/2
 - Third Reading Passed (136-0)
 
Action after passage in Senate and House
- 5/26
 - Signed by the Governor Chapter 498
 
Bill indexed under the following Subjects:
- CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
 - DISCLOSURE
 - INSURANCE ADMINISTRATION
 - INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
 - INTEREST
 - RULES AND REGULATIONS
 - SUNSET
 
Bill affects the following Statutes:
-   Insurance
 - (
 16-503 ,
 16-504 ,
 16-504 ,
 16-510 
)
 
- Bill Text (Displayed in PDF Format):
 First Reading,
Third Reading, Enrolled
 - Fiscal Note (Displayed in PDF Format):
 Available
 - Amendments (Displayed in WordPerfect 8 Format):
 Senate
- Number: 367373/01 (PDF)     Offered on: March 28, 2005      at:
10:23 p.m.     Status: Adopted
 
- Roll Call Votes (Legislative dates are shown):
 Senate
- March 29, 2005: Third Reading Passed  (46-1)
 
House 
- April 2, 2005: Third Reading Passed  (136-0)