Preneed funeral contracts; life insurance or annuity contracts. (SB679)
Introduced By
Sen. Lionell Spruill (D-Chesapeake)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Board of Funeral Directors and Embalmers; life insurance or annuity preneed funeral contract requirements. Provides that the face amount of any life insurance policy issued to fund a preneed funeral contract shall not be decreased over the life of the life insurance policy except where such policies have lapsed due to nonpayment of premiums or have gone to a nonforfeiture option that lowers the face amount as allowed for in the provisions of the policy. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/20/2022 | Presented and ordered printed 22103687D |
| 01/20/2022 | Referred to Committee on General Laws and Technology |
| 01/26/2022 | Senate committee, floor amendments and substitutes offered |
| 01/26/2022 | Reported from General Laws and Technology with amendment (13-Y 0-N 2-A) (see vote tally) |
| 01/28/2022 | Impact statement from DPB (SB679) |
| 01/28/2022 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 01/31/2022 | Read second time |
| 01/31/2022 | Reading of amendment waived |
| 01/31/2022 | Committee amendment agreed to |
| 01/31/2022 | Engrossed by Senate as amended SB679E |
| 01/31/2022 | Printed as engrossed 22103687D-E |
| 02/01/2022 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
| 02/01/2022 | Impact statement from DPB (SB679E) |
| 02/23/2022 | Placed on Calendar |
| 02/23/2022 | Read first time |
| 02/23/2022 | Referred to Committee on General Laws |
| 02/23/2022 | Assigned GL sub: Subcommittee #1 |
| 02/24/2022 | Subcommittee recommends reporting with substitute (8-Y 0-N) |
| 03/01/2022 | House committee, floor amendments and substitutes offered |
| 03/01/2022 | Reported from General Laws with substitute (21-Y 1-N) (see vote tally) |
| 03/01/2022 | Committee substitute printed 22107150D-H1 |
| 03/02/2022 | Impact statement from DPB (SB679H1) |
| 03/03/2022 | Read second time |
| 03/04/2022 | Read third time |
| 03/04/2022 | Committee substitute agreed to 22107150D-H1 |
| 03/04/2022 | Engrossed by House - committee substitute SB679H1 |
| 03/04/2022 | Passed House with substitute (91-Y 6-N) |
| 03/04/2022 | VOTE: Passage (91-Y 6-N) (see vote tally) |
| 03/08/2022 | House substitute agreed to by Senate (38-Y 0-N 1-A) (see vote tally) |
| 03/08/2022 | Title replaced 22107150D-H1 |
| 03/10/2022 | Enrolled |
| 03/10/2022 | Bill text as passed Senate and House (SB679ER) |
| 03/10/2022 | Impact statement from DPB (SB679ER) |
| 03/10/2022 | Signed by President |
| 03/10/2022 | Signed by Speaker |
| 03/22/2022 | Enrolled Bill Communicated to Governor on March 22, 2022 |
| 03/22/2022 | G Governor's Action Deadline 11:59 p.m., April 11, 2022 |
| 04/11/2022 | G Approved by Governor-Chapter 641 (effective 7/1/22) |
| 04/11/2022 | G Acts of Assembly Chapter text (CHAP0641) |