Limited burial insurance authority; changes definition. (HB871)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Insurance agents; limited burial insurance authority. Eliminates the provision in the definition of a limited burial insurance authority that imposes a $10,000 limit on burial insurance society memberships and burial association group life certificates. The measure also imposes a requirement that a limited burial insurance authority be limited to burial insurance society memberships, group insurance certificates, and association group life insurance certificates that are used to fund preneed funeral contracts. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/11/2012 | Committee |
| 01/11/2012 | Prefiled and ordered printed; offered 01/11/12 12103297D |
| 01/11/2012 | Referred to Committee on Commerce and Labor |
| 01/17/2012 | Assigned C & L sub: #2 |
| 01/19/2012 | Subcommittee recommends reporting with amendment(s) (11-Y 0-N) |
| 01/24/2012 | Reported from Commerce and Labor with amendments (20-Y 0-N) (see vote tally) |
| 01/25/2012 | Impact statement from SCC (HB871) |
| 01/26/2012 | Read first time |
| 01/27/2012 | Read second time |
| 01/27/2012 | Committee amendments agreed to |
| 01/27/2012 | Engrossed by House as amended HB871E |
| 01/27/2012 | Printed as engrossed 12103297D-E |
| 01/30/2012 | Read third time and passed House (98-Y 0-N 1-A) |
| 01/30/2012 | VOTE: PASSAGE (98-Y 0-N 1-A) (see vote tally) |
| 01/31/2012 | Constitutional reading dispensed |
| 01/31/2012 | Referred to Committee on Commerce and Labor |
| 02/06/2012 | Impact statement from SCC (HB871E) |
| 02/20/2012 | Reported from Commerce and Labor (16-Y 0-N) (see vote tally) |
| 02/22/2012 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 02/23/2012 | Read third time |
| 02/23/2012 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/29/2012 | Enrolled |
| 02/29/2012 | Bill text as passed House and Senate (HB871ER) |
| 02/29/2012 | Impact statement from SCC (HB871ER) |
| 02/29/2012 | Signed by Speaker |
| 03/01/2012 | Signed by President |
| 03/30/2012 | G Approved by Governor-Chapter 447 (effective 7/1/12) |
| 03/30/2012 | G Acts of Assembly Chapter text (CHAP0447) |