GA HB193 | 2015-2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Passed on April 26 2016 - 100% progression
Action: 2016-07-01 - Effective Date
Text: Latest bill text (Enrolled) [PDF]

Summary

A BILL to be entitled an Act to amend Chapter 25 of Title 33 of the Official Code of Georgia Annotated, relating to life insurance, so as to provide for the "Life Insurance Consumer Disclosure Model Act"; to provide for written notice to certain life insurance policyholders that request the surrender of, a loan against, or accelerated death benefit, nursing home benefit, critical illness benefit, or any other living benefit under a life insurance policy; to provide for a short title; to provide for definitions; to provide for the written notice provisions; to provide that the written notice shall be promulgated by rules and regulations by the Commissioner; to provide for penalties; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Life Insurance Consumer Disclosure Model Act; enact

Sponsors


Roll Calls

2016-03-22 - Senate - Senate Vote #682 (Y: 40 N: 16 NV: 0 Abs: 0) [PASS]
2016-03-22 - Senate - Senate Vote #695 (Y: 52 N: 0 NV: 3 Abs: 1) [PASS]
2016-02-11 - House - House Vote #522 (Y: 157 N: 0 NV: 11 Abs: 11) [PASS]

History

DateChamberAction
2016-07-01 Effective Date
2016-04-26 Act 357
2016-04-26HouseHouse Date Signed by Governor
2016-03-29HouseHouse Sent to Governor
2016-03-22SenateSenate Passed/Adopted
2016-03-22SenateSenate Third Read
2016-03-22SenateSenate Taken from Table
2016-03-22SenateSenate Tabled
2016-03-14SenateSenate Read Second Time
2016-03-11SenateSenate Committee Favorably Reported
2016-02-16SenateSenate Read and Referred
2016-02-11HouseHouse Passed/Adopted By Substitute
2016-02-11HouseHouse Third Readers
2016-02-03HouseHouse Committee Favorably Reported By Substitute
2015-02-04HouseHouse Second Readers
2015-02-03HouseHouse First Readers
2015-02-02HouseHouse Hopper

Georgia State Sources


Bill Comments

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