Legislation

Title: Life Insurance - Life of a Minor - Underwriting Standards and Procedures
Sponsored by: Senators Feldman, Benson, Mathias, Oaks, and Rosapepe
Status: Approved by the Governor - Chapter 431
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing a life insurer to refuse an application for a policy of life insurance on the life of a minor only under certain circumstances; requiring an application for a policy of life insurance on the life of a minor to include a certain consent and certain signatures; requiring a life insurer to take certain actions as part of certain standards and procedures for policy application and acceptance for policies of life insurance on the life of a minor; applying the Act; etc.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Health and Government Operations Click to view Recorded Media

Details

Cross-filed with: HB0027

Bill File Type: Regular

Effective Date(s): January 1, 2019

History

Legislation History
Chamber Senate Calendar Date 1/15/2018 Legislative Date 1/15/2018 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Life Insurance - Life of a Minor - Underwriting Standards and Procedures Proceedings
Chamber Senate Calendar Date 1/17/2018 Legislative Date 1/17/2018 Action Hearing 2/07 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/15/2018 Legislative Date 2/15/2018 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 2/16/2018 Legislative Date 2/16/2018 Action Favorable with Amendments {237578/1 Adopted Proceedings 28 Click to view Recorded Media
Chamber Senate Calendar Date 2/16/2018 Legislative Date 2/16/2018 Action Second Reading Passed with Amendments Proceedings 28 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Life Insurance - Life of a Minor - Underwriting Standards and Procedures Proceedings
Chamber Senate Calendar Date 2/20/2018 Legislative Date 2/20/2018 Action Third Reading Passed (47-0) Proceedings 30 Click to view Recorded Media
Chamber House Calendar Date 2/21/2018 Legislative Date 2/21/2018 Action Referred Health and Government Operations Proceedings 31 Click to view Recorded Media
Chamber House Calendar Date 3/07/2018 Legislative Date 3/07/2018 Action Hearing 3/22 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Health and Government Operations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/26/2018 Legislative Date 3/26/2018 Action Favorable Report by Health and Government Operations Proceedings
Chamber House Calendar Date 3/27/2018 Legislative Date 3/20/2018 Action Favorable Adopted Second Reading Passed Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 3/28/2018 Legislative Date 3/21/2018 Action Third Reading Passed (139-0) Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2018 Legislative Date 4/02/2018 Action Returned Passed Proceedings 64 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2018 Legislative Date 5/08/2018 Action Approved by the Governor - Chapter 431 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Life Insurance - Life of a Minor - Underwriting Standards and Procedures Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/15/2018	1/15/2018	First Reading Finance
			Text - First - Life Insurance - Life of a Minor - Underwriting Standards and Procedures
Senate	1/17/2018	1/17/2018	Hearing 2/07 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/15/2018	2/15/2018	Favorable with Amendments Report by Finance
Senate	2/16/2018	2/16/2018	Favorable with Amendments {237578/1 Adopted	28 Click to view Recorded Media
Senate	2/16/2018	2/16/2018	Second Reading Passed with Amendments	28 Click to view Recorded Media
			Text - Third - Life Insurance - Life of a Minor - Underwriting Standards and Procedures
Senate	2/20/2018	2/20/2018	Third Reading Passed (47-0)	30 Click to view Recorded Media
House	2/21/2018	2/21/2018	Referred Health and Government Operations	31 Click to view Recorded Media
House	3/07/2018	3/07/2018	Hearing 3/22 at 1:00 p.m.
			Vote - House - Committee - Health and Government Operations	Click to view Recorded Media
House	3/26/2018	3/26/2018	Favorable Report by Health and Government Operations
House	3/27/2018	3/20/2018	Favorable Adopted Second Reading Passed	54 Click to view Recorded Media
House	3/28/2018	3/21/2018	Third Reading Passed (139-0)	55 Click to view Recorded Media
Senate	4/09/2018	4/02/2018	Returned Passed	64 Click to view Recorded Media
Post Passage	5/08/2018	5/08/2018	Approved by the Governor - Chapter 431
			Text - Chapter - Life Insurance - Life of a Minor - Underwriting Standards and Procedures

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