Annuity contracts; interest on proceeds. (HB634)
Introduced By
Del. Terry Kilgore (R-Gate City)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Annuity contracts; interest on proceeds. Clarifies that an insurance company is required to pay interest on a death benefit claim under a variable annuity contract commencing from the date of the insurer's receipt of a completed claim form.
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/07/2014 | Committee |
01/07/2014 | Prefiled and ordered printed; offered 01/08/14 14101675D |
01/07/2014 | Referred to Committee on Commerce and Labor |
01/14/2014 | Reported from Commerce and Labor (21-Y 0-N) (see vote tally) |
01/16/2014 | Read first time |
01/17/2014 | Read second time and engrossed |
01/20/2014 | Read third time and passed House BLOCK VOTE (96-Y 0-N) |
01/20/2014 | VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (see vote tally) |
01/21/2014 | Impact statement from SCC (HB634) |
01/21/2014 | Constitutional reading dispensed |
01/21/2014 | Referred to Committee on Commerce and Labor |
01/23/2014 | Impact statement from SCC (HB634) |
01/24/2014 | Impact statement from SCC (HB634) |
02/24/2014 | Reported from Commerce and Labor (16-Y 0-N) (see vote tally) |
02/26/2014 | Constitutional reading dispensed (38-Y 0-N) |
02/27/2014 | Read third time |
02/27/2014 | Passed Senate (40-Y 0-N) |
03/04/2014 | Enrolled |
03/04/2014 | Bill text as passed House and Senate (HB634ER) |
03/04/2014 | Signed by Speaker |
03/05/2014 | Impact statement from SCC (HB634ER) |
03/07/2014 | Signed by President |
03/31/2014 | G Approved by Governor-Chapter 411 (effective 7/1/14) |
03/31/2014 | G Acts of Assembly Chapter text (CHAP0411) |