Credit life insurance; interest on proceeds. (HB1429)
Introduced By
Del. Bob Purkey (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Credit life insurance; interest on proceeds. Exempts credit life insurance that is payable in whole or in part to a creditor that is an affiliate of the insurer and that does not charge postdeath interest on the indebtedness, from requirements that insurers pay interest on the proceeds of a life insurance policy. Read the Bill »
Status
03/24/2006: signed by governor
History
Date | Action |
---|---|
01/17/2006 | Presented and ordered printed 065709472 |
01/17/2006 | Referred to Committee on Commerce and Labor |
01/22/2006 | Fiscal impact statement from SCC (HB1429) |
02/07/2006 | Reported from Commerce and Labor (22-Y 0-N) |
02/09/2006 | Read first time |
02/10/2006 | Read second time and engrossed |
02/13/2006 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
02/13/2006 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) |
02/13/2006 | Communicated to Senate |
02/14/2006 | Constitutional reading dispensed |
02/14/2006 | Referred to Committee on Commerce and Labor |
02/20/2006 | Reported from Commerce and Labor (15-Y 0-N) |
02/22/2006 | Constitutional reading dispensed (39-Y 0-N) |
02/22/2006 | VOTE: (39-Y 0-N) |
02/23/2006 | Read third time |
02/23/2006 | Passed Senate (40-Y 0-N) |
02/23/2006 | VOTE: (40-Y 0-N) |
02/28/2006 | Enrolled |
03/01/2006 | Bill text as passed House and Senate (HB1429ER) |
03/01/2006 | Signed by Speaker |
03/02/2006 | Signed by President |
03/07/2006 | Fiscal impact statement from SCC (HB1429ER) |
03/24/2006 | G Approved by Governor-Chapter 209 (effective 7/1/06) |
04/03/2006 | G Acts of Assembly Chapter text (CHAP0209) |