Mississippi House Bill 549 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 13 2014 - 100% progression
Action: 2014-02-13 - Died On Calendar
Text: Latest bill text (Comm Sub) [HTML]

An Act To Create The "unclaimed Life Insurance Benefits Act"; To Define Terms Used In The Act; To Require An Insurer To Perform A Comparison Of Its In-force Policies, Annuities And Retained Asset Accounts Issued In This State Against A Death Master File To Identify Potential Death Master File Matches; To Provide That Once Proceeds Are Reported And Remitted, The Insurer Shall Be Indemnified From Any Liability To Any Person Relating To The Proceeds Reported And Remitted; To Provide That Any Proceeds Remitted To The State Of Mississippi Shall Be Deposited Into The Abandoned Property Fund Maintained By The State Treasurer; To Prohibit The Commissioner Of Insurance And The State Treasurer From Promulgating Rules Or Regulations That Impose Additional Duties On Insurers Beyond Those Set Forth In This Act; To Amend Section 89-12-37, Mississippi Code Of 1972, To Provide That Money Remaining In The Abandoned Property Fund And The Abandoned Property Claims Payment Fund At The End Of A Fiscal Year Shall Not Lapse Into The State General Fund; And For Related Purposes.

Unclaimed Life Insurance Benefits Act; create.

Rep. Gary Chism [R]

Date	Chamber	Action
2014-02-13	House	Died On Calendar
2014-02-04	House	Title Suff Do Pass Comm Sub
2014-02-04	House	DR - TSDPCS: AP To IN
2014-01-28	House	DR - TSDPCS: IN To AP
2014-01-20	House	Referred To Insurance;Appropriations

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/HB/HB0549.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/HB/0500-0599/HB0549IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2014/html/HB/0500-0599/HB0549CS.htm