Georgia Senate Bill 136 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on February 19 2015 - 25% progression, died in committee
Action: 2015-02-20 - Senate Read and Referred
Pending: Senate Insurance and Labor Committee
Text: Latest bill text (Introduced) [PDF]

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 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.

"Life Insurance Consumer Disclosure Act"; provide

Sen. Marty Harbin [R]	Sen. William Ligon [R]	Sen. Jesse Stone [R]	Sen. William Jackson [R]
Sen. John Kennedy [R]	Sen. Judson Hill [R]

Date	Chamber	Action
2015-02-20	Senate	Senate Read and Referred
2015-02-19	Senate	Senate Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/43981
Text	https://www.legis.ga.gov/api/legislation/document/20152016/148599