Georgia Senate Bill 61 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 30 2009 - 100% progression
Action: 2009-07-01 - Effective Date
Text: Latest bill text (Engrossed) [HTML]

A BILL to be entitled an Act to amend Chapter 59 of Title 33 of the Official Code of Georgia Annotated, relating to life settlements, so as to provide a short title; to provide for definitions; to provide for license requirements for providers and registration requirements for life settlement brokers; to provide suspension, revocation, and refusal to renew of such licenses; to provide for requirements for life settlement contracts; to provide for certain reporting requirements; to provide for certain privacy requirements; to provide for the examination of licensees; to provide for the authority of the Commissioner of Insurance to investigate persons involved in the life settlement business and in suspected fraudulent practices; to provide for related matters; to provide for effective dates and applicability; to repeal conflicting laws; and for other purposes.

Life Settlements Act; license/registration requirements for life settlement brokers; definitions

Sen. Ralph Hudgens [R]

2009-03-26 - House - House Vote #339 - Pass (Y: 161 N: 0 NV: 7 Abs: 12) [PASS]
2009-02-04 - Senate - Senate Vote #18 - Passage (Y: 50 N: 0 NV: 1 Abs: 5) [PASS]

Date	Chamber	Action
2009-07-01		Effective Date
2009-04-30		Act 93
2009-04-30		Senate Date Signed by Governor
2009-04-08		Senate Sent to Governor
2009-03-26		House Passed/Adopted
2009-03-26		House Third Readers
2009-02-11		House Committee Favorably Reported
2009-02-06		House Second Readers
2009-02-05		House First Readers
2009-02-04		Senate Passed/Adopted
2009-02-04		Senate Third Read
2009-02-02		Senate Read Second Time
2009-01-30		Senate Committee Favorably Reported
2009-01-29		Senate Read and Referred

Type	Source
Summary	https://www.legis.ga.gov/legislation/26342
Text	http://www1.legis.ga.gov/legis/2009_10/versions/sb61_As_introduced_LC_37_0817ER_2.htm
Text	http://www1.legis.ga.gov/legis/2009_10/versions/sb61_As_passed_Senate_3.htm
Roll Call	http://www1.legis.ga.gov/legis/2009_10/votes/sv0018.htm
Roll Call	http://www1.legis.ga.gov/legis/2009_10/votes/hv0339.htm