Share:

👍 0 👎 0

2022 SB 359: An Act Concerning The Insurance Department's Recommendations Regarding The Standard Nonforfeiture Law For Life Insurance.

To lower the minimum nonforfeiture interest rate from one per cent to 15 basis points which equals 0.15 per cent in accordance with the National Association of Insurance Commissioners model law guidance.

Sponsors

  • Gucker, Kenneth M

Actions

2022-03-07 REF. TO JOINT COMM. ON Insurance and Real Estate
2022-03-09 PUBLIC HEARING 0315
2022-03-17 Joint Favorable
2022-03-17 FILED WITH LCO
2022-03-22 REFERRED TO Office of Legislative Research AND Office of Fiscal Analysis 03/28/22
2022-03-29 RPTD. OUT OF LCO
2022-03-29 FAV. RPT., TAB. FOR CAL., SEN.
2022-03-29 SENATE CALENDAR NUMBER 158
2022-03-29 FILE NO. 187
2022-04-27 SEN. ADOPTED SEN. AMEND. SCH. A
2022-04-27 SEN. PASSED, SEN. AMEND. SCH. A
2022-04-27 ON CONSENT CALENDAR
2022-04-28 FAV. RPT., TABLED FOR HOUSE CALENDAR
2022-04-28 HOUSE CALENDAR NUMBER 509
2022-05-03 HOUSE ADOPTED SEN. AMEND. SCH. A
2022-05-03 HOUSE PASSED, SEN. AMEND. SCH. A
2022-05-03 IN CONCURRENCE
2022-05-13 PUBLIC ACT 22-91
2022-05-17 TRANSMITTED TO SECRETARY OF THE STATE
2022-05-17 TRANSMITTED BY SECRETARY OF THE STATE TO GOVERNOR
2022-05-24 SIGNED BY GOVERNOR

Behind the Bill