Limited burial insurance authority; changes definition. (HB871)

Introduced By

Del. Tom Rust (R-Herndon)

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

DateAction
01/11/2012Committee
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103297D
01/11/2012Referred to Committee on Commerce and Labor
01/17/2012Assigned C & L sub: #2
01/19/2012Subcommittee recommends reporting with amendment(s) (11-Y 0-N)
01/24/2012Reported from Commerce and Labor with amendments (20-Y 0-N) (see vote tally)
01/25/2012Impact statement from SCC (HB871)
01/26/2012Read first time
01/27/2012Read second time
01/27/2012Committee amendments agreed to
01/27/2012Engrossed by House as amended HB871E
01/27/2012Printed as engrossed 12103297D-E
01/30/2012Read third time and passed House (98-Y 0-N 1-A)
01/30/2012VOTE: PASSAGE (98-Y 0-N 1-A) (see vote tally)
01/31/2012Constitutional reading dispensed
01/31/2012Referred to Committee on Commerce and Labor
02/06/2012Impact statement from SCC (HB871E)
02/20/2012Reported from Commerce and Labor (16-Y 0-N) (see vote tally)
02/22/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/23/2012Read third time
02/23/2012Passed Senate (40-Y 0-N) (see vote tally)
02/29/2012Enrolled
02/29/2012Bill text as passed House and Senate (HB871ER)
02/29/2012Impact statement from SCC (HB871ER)
02/29/2012Signed by Speaker
03/01/2012Signed by President
03/30/2012G Approved by Governor-Chapter 447 (effective 7/1/12)
03/30/2012G Acts of Assembly Chapter text (CHAP0447)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 2 minutes.