GA HB1021 | 2021-2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Passed on May 2 2022 - 100% progression
Action: 2022-05-02 - Effective Date 2022-07-01
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Passed on May 2 2022 - 100% progression
Action: 2022-05-02 - Effective Date 2022-07-01
Text: Latest bill text (Enrolled) [PDF]
Summary
A BILL to be entitled an Act to amend Code Section 33-28-3 of the Official Code of Georgia Annotated, relating to standard nonforfeiture provisions for individual deferred annuities, so as to decrease the minimum nonforfeiture interest rate for individual deferred annuities from 1 percent to 0.15 percent; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Title
Insurance; minimum nonforfeiture interest rate for individual deferred annuities; decrease
Sponsors
| Rep. Eddie Lumsden [R] | Rep. Bruce Williamson [R] | Rep. Carolyn Hugley [D] | Rep. Terry England [R] |
| Rep. John Carson [R] | Sen. Dean Burke [R] |
Roll Calls
2022-03-23 - Senate - Passage: Senate Vote #705 (Y: 48 N: 1 NV: 3 Abs: 4) [PASS]
2022-02-15 - House - Passage: House Vote #522 (Y: 153 N: 2 NV: 9 Abs: 15) [PASS]
2022-02-15 - House - Passage: House Vote #522 (Y: 153 N: 2 NV: 9 Abs: 15) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-05-02 | Effective Date 2022-07-01 | |
| 2022-05-02 | Act 756 | |
| 2022-05-02 | House | House Date Signed by Governor |
| 2022-04-06 | House | House Sent to Governor |
| 2022-03-23 | Senate | Senate Passed/Adopted |
| 2022-03-23 | Senate | Senate Third Read |
| 2022-03-18 | Senate | Senate Read Second Time |
| 2022-03-17 | Senate | Senate Committee Favorably Reported |
| 2022-02-17 | Senate | Senate Read and Referred |
| 2022-02-15 | House | House Passed/Adopted |
| 2022-02-15 | House | House Third Readers |
| 2022-02-10 | House | House Committee Favorably Reported |
| 2022-02-01 | House | House Second Readers |
| 2022-01-27 | House | House First Readers |
| 2022-01-26 | House | House Hopper |
