Life insurance; decreases the minimum nonforfeiture amount interest rate. (HB44)

Introduced By

Del. Lee Ware (R-Powhatan)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Standard nonforfeiture provisions for life insurance; minimum nonforfeiture amounts; interest rates. Decreases the minimum nonforfeiture amount interest rate from one percent to 0.15 percent. Read the Bill »

Status

01/18/2022: passed committee

History

DateAction
12/31/2021Prefiled and ordered printed; offered 01/12/22 22101312D
12/31/2021Committee
12/31/2021Referred to Committee on Commerce and Energy
01/12/2022Impact statement from SCC (HB44)
01/18/2022Reported from Commerce and Energy (21-Y 0-N)

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