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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 |