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

DateAction
01/20/2022Presented and ordered printed 22103687D
01/20/2022Referred to Committee on General Laws and Technology
01/26/2022Senate committee, floor amendments and substitutes offered
01/26/2022Reported from General Laws and Technology with amendment (13-Y 0-N 2-A) (see vote tally)
01/28/2022Impact statement from DPB (SB679)
01/28/2022Constitutional reading dispensed (39-Y 0-N) (see vote tally)
01/31/2022Read second time
01/31/2022Reading of amendment waived
01/31/2022Committee amendment agreed to
01/31/2022Engrossed by Senate as amended SB679E
01/31/2022Printed as engrossed 22103687D-E
02/01/2022Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/01/2022Impact statement from DPB (SB679E)
02/23/2022Placed on Calendar
02/23/2022Read first time
02/23/2022Referred to Committee on General Laws
02/23/2022Assigned GL sub: Subcommittee #1
02/24/2022Subcommittee recommends reporting with substitute (8-Y 0-N)
03/01/2022House committee, floor amendments and substitutes offered
03/01/2022Reported from General Laws with substitute (21-Y 1-N) (see vote tally)
03/01/2022Committee substitute printed 22107150D-H1
03/02/2022Impact statement from DPB (SB679H1)
03/03/2022Read second time
03/04/2022Read third time
03/04/2022Committee substitute agreed to 22107150D-H1
03/04/2022Engrossed by House - committee substitute SB679H1
03/04/2022Passed House with substitute (91-Y 6-N)
03/04/2022VOTE: Passage (91-Y 6-N) (see vote tally)
03/08/2022House substitute agreed to by Senate (38-Y 0-N 1-A) (see vote tally)
03/08/2022Title replaced 22107150D-H1
03/10/2022Enrolled
03/10/2022Bill text as passed Senate and House (SB679ER)
03/10/2022Impact statement from DPB (SB679ER)
03/10/2022Signed by President
03/10/2022Signed by Speaker
03/22/2022Enrolled Bill Communicated to Governor on March 22, 2022
03/22/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/11/2022G Approved by Governor-Chapter 641 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0641)

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