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Legislation


1999 Regular Session

SENATE BILL 483

CHAPTER NUMBER: 569 File Code: Insurance - Health and Life Crossfiled with: HOUSE BILL 798
Sponsored By:
Senators Della, Roesser, and Dorman
Entitled:
Life Insurers - Investments

Synopsis:

Authorizing a separate investment account and a segregated asset account established by a life insurer to invest in any investments contractually permitted for the account and specified in the plan of operation issued to a qualified plan; providing that specified provisions of State insurance laws do not apply to the investments contained in the separate investment account or the segregated asset account under specified circumstances; etc.

History by Legislative Date

Senate Action
2/5
First Reading Finance
2/9
Hearing 3/2 at 1:00 p.m.
3/9
Favorable Report by Finance
3/10
Favorable Report Adopted
Second Reading Passed
3/12
Third Reading Passed (47-0)
4/6

Senate Concur - House Amendments
Third Reading Passed (46-0)
Passed Enrolled
5/27
Signed by the Governor Chapter 569
House Action
3/15
First Reading Economic Matters
3/17
Hearing 3/30 at 1:00 p.m.
4/2
Favorable with Amendments Report by Economic Matters
3/31
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/1
Third Reading Passed with Amendments (136-0)
Sponsored by:
Senator George W. Della, Jr., District 47
Senator Arthur Dorman, District 21
Senator Jean W. Roesser, District 15
Bill indexed under the following Subjects:
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
INVESTMENTS -see also- SECURITIES
LIABILITY -see also- GOOD SAMARITAN
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
SECURITIES
Bill affects the following Statutes:
Insurance
( 5-512 , 16-602 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 143489/1 (PDF)     Offered on: April 2, 1999   at: 11:55 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 12, 1999: Third Reading Passed (47-0)
April 6, 1999: Third Reading Passed (46-0)
House
April 1, 1999: Third Reading Passed (136-0)
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