Life insurance; clarifies provisions addressing when a trustee has an insurable interest therein. (HB2001)

Introduced By

Del. Terry Kilgore (R-Gate City)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

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. Read the Bill »

Status

03/09/2007: signed by governor

History

DateAction
01/08/2007Committee
01/08/2007Prefiled and ordered printed; offered 01/10/07 070150372
01/08/2007Referred to Committee on Commerce and Labor
01/18/2007Read first time
01/19/2007Read second time
01/19/2007Committee amendments agreed to
01/19/2007Engrossed by House as amended HB2001E
01/19/2007Printed as engrossed 070150372-E
01/22/2007Read third time and passed House (96-Y 0-N)
01/22/2007Communicated to Senate
01/22/2007Impact statement from SCC (HB2001)
01/23/2007Constitutional reading dispensed
01/23/2007Referred to Committee on Commerce and Labor
02/01/2007Impact statement from SCC (HB2001E)
02/12/2007Committee substitute printed 070286372-S1
02/14/2007Reconsideration of Pass By for the Day agreed to (40-Y 0-N)
02/14/2007Constitutional reading dispensed (40-Y 0-N)
02/14/2007Reconsideration of Passed by for the day agreed to (40-Y 0-N)
02/14/2007VOTE: (40-Y 0-N) (see vote tally)
02/14/2007Passed by for the day
02/15/2007Read third time
02/15/2007Reading of substitute waived
02/15/2007Committee substitute agreed to 070286372-S1
02/15/2007Engrossed by Senate - committee substitute HB2001S1
02/15/2007Passed Senate with substitute (38-Y 0-N)
02/15/2007VOTE: (38-Y 0-N) (see vote tally)
02/16/2007Placed on Calendar
02/19/2007Senate substitute agreed to by House (100-Y 0-N)
02/19/2007VOTE: ADOPTION (100-Y 0-N) (see vote tally)
02/23/2007Impact statement from SCC (HB2001S1)
02/28/2007Enrolled
02/28/2007Bill text as passed House and Senate (HB2001ER)
03/01/2007Impact statement from SCC (HB2001ER)
03/01/2007Signed by Speaker
03/02/2007Signed by President
03/09/2007G Approved by Governor-Chapter 186 (effective 7/1/07)
03/14/2007G Acts of Assembly Chapter text (CHAP0186)