HB2001: Life insurance; clarifies provisions addressing when a trustee has an insurable interest therein.
Chief Patron
Del.
Terry Kilgore (R-1)
Terry Kilgore
(R-1)
Gate City, VA
Served: 1994–
Progress
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Introduced |
 |
Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
03/09/2007: signed by governor
View Entire History
- 01/08/2007 Committee
- 01/08/2007 Prefiled and ordered printed; offered 01/10/07 070150372
- 01/08/2007 Referred to Committee on Commerce and Labor
- 01/18/2007 Read first time
- 01/19/2007 Read second time
- 01/19/2007 Committee amendments agreed to
- 01/19/2007 Engrossed by House as amended HB2001E
- 01/19/2007 Printed as engrossed 070150372-E
- 01/22/2007 Read third time and passed House (96-Y 0-N)
- 01/22/2007 Communicated to Senate
- 01/22/2007 Impact statement from SCC (HB2001)
- 01/23/2007 Constitutional reading dispensed
- 01/23/2007 Referred to Committee on Commerce and Labor
- 02/01/2007 Impact statement from SCC (HB2001E)
- 02/12/2007 Committee substitute printed 070286372-S1
- 02/14/2007 Reconsideration of Pass By for the Day agreed to (40-Y 0-N)
- 02/14/2007 Constitutional reading dispensed (40-Y 0-N)
- 02/14/2007 Reconsideration of Passed by for the day agreed to (40-Y 0-N)
- 02/14/2007 VOTE: (40-Y 0-N) (see vote tally)
- 02/14/2007 Passed by for the day
- 02/15/2007 Read third time
- 02/15/2007 Reading of substitute waived
- 02/15/2007 Committee substitute agreed to 070286372-S1
- 02/15/2007 Engrossed by Senate - committee substitute HB2001S1
- 02/15/2007 Passed Senate with substitute (38-Y 0-N)
- 02/15/2007 VOTE: (38-Y 0-N) (see vote tally)
- 02/16/2007 Placed on Calendar
- 02/19/2007 Senate substitute agreed to by House (100-Y 0-N)
- 02/19/2007 VOTE: ADOPTION (100-Y 0-N) (see vote tally)
- 02/23/2007 Impact statement from SCC (HB2001S1)
- 02/28/2007 Enrolled
- 02/28/2007 Bill text as passed House and Senate (HB2001ER)
- 03/01/2007 Impact statement from SCC (HB2001ER)
- 03/01/2007 Signed by Speaker
- 03/02/2007 Signed by President
- 03/09/2007 G Approved by Governor-Chapter 186 (effective 7/1/07)
- 03/14/2007 G Acts of Assembly Chapter text (CHAP0186)
Summary
Life insurance; insurable interest requirement. Clarifies
that the provisions addressing when a trustee has an insurable interest in a
life insurance policy are to be applied retroactively to policies acquired
before the July 1, 2005, effective date of the legislation that enacted the
provisions.
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Friday, May 16, 2008