Bill Text: IA SF171 | 2017-2018 | 87th General Assembly | Introduced
Bill Title: A bill for an act relating to restrictions on the receipt by certain felons of certain insurance proceeds and other benefits. (See SF 467.)
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2017-03-01 - Subcommittee recommends amendment and passage. [SF171 Detail]
Download: Iowa-2017-SF171-Introduced.html
Senate File 171 - Introduced SENATE FILE BY RAGAN and BROWN A BILL FOR 1 An Act relating to restrictions on the receipt by certain 2 felons of certain insurance proceeds and other benefits. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 2180XS (2) 87 av/rj PAG LIN 1 1 Section 1. Section 633.535, Code 2017, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 4. a. A named beneficiary of a bond, 1 4 life insurance policy, or any other contractual arrangement 1 5 convicted of a felony referenced in paragraph "d" that was 1 6 perpetrated against the principal obligee or person upon 1 7 whose life the policy is issued or whose death generates the 1 8 benefits under any other contractual arrangement, in the six 1 9 months immediately prior to the obligee's or person's death, is 1 10 not entitled to any benefit under the bond, policy, or other 1 11 contractual arrangement. 1 12 b. The procedure set out in section 633.536 applies and 1 13 the benefits become payable as though the convicted obligee or 1 14 person had predeceased the decedent. 1 15 c. However, a principal obligee or person upon whose life 1 16 the policy is issued or whose death generates the benefits 1 17 under any other contractual arrangement, in the six months 1 18 immediately prior to the obligee's or person's death, may 1 19 affirm by a signed, notarized affidavit that the beneficiary 1 20 should receive any benefit under the bond, policy, or other 1 21 contractual arrangement despite a felony conviction referenced 1 22 in this subsection. 1 23 d. This subsection applies to a conviction for any of the 1 24 following felonies: 1 25 (1) Any felony contained in chapter 707. 1 26 (2) Any felony contained in chapter 708. 1 27 (3) Any felony contained in chapter 709. 1 28 (4) Any felony contained in chapter 710. 1 29 EXPLANATION 1 30 The inclusion of this explanation does not constitute agreement with 1 31 the explanation's substance by the members of the general assembly. 1 32 This bill relates to restrictions on the receipt by certain 1 33 felons of certain insurance proceeds and other benefits. 1 34 The bill provides that a person convicted of certain 1 35 felonies perpetrated against a decedent in the six months 2 1 immediately prior to the decedent's death is not entitled, 2 2 as a named beneficiary of a bond, life insurance policy, 2 3 or any other contractual arrangement, to any benefit under 2 4 the bond, policy, or other contractual arrangement, and the 2 5 benefits become payable as though the person causing death 2 6 had predeceased the decedent. However, the bill allows such 2 7 a decedent, in the six months prior to death, to affirm 2 8 by affidavit that the named beneficiary should receive the 2 9 described benefit despite the felony conviction. 2 10 The bill applies to felonies in the following Code chapters: 2 11 707 (homicide and related crimes), 708 (assault and related 2 12 offenses), 709 (sexual abuse and related sexual offenses), and 2 13 710 (kidnapping and related offenses). LSB 2180XS (2) 87 av/rj
