MS HB997 | 2011 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on February 10 2011 - 100% progression
Action: 2011-02-10 - Died In Committee
Text: Latest bill text (Comm Sub) [HTML]
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on February 10 2011 - 100% progression
Action: 2011-02-10 - Died In Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
An Act To Amend Section 75-63-63, Mississippi Code Of 1972, To Authorize A Contract Insured Or His Representatives Under A Preneed Contract To Name A Substitute Provider For The Contract At Any Time Before The Performance Of The Contract, Whether The Contract Is Revocable Or Irrevocable; To Provide That If The Preneed Contract Is Funded By Trust, The Trustee Shall Transfer All Of The Funds In Trust, Including Interest Earnings On The Funds, To The Substitute Provider Within Ten Days From Receipt Of Written Notification; To Provide That If The Preneed Contract Is Funded By Insurance, The Change Of Beneficiary Shall Be Made In Writing By The Original Provider To The Insurance Company Within Ten Days From Receipt Of Written Notification; To Amend Sections 75-63-59 And 75-63-61, Mississippi Code Of 1972, To Conform To The Preceding Provisions; To Amend Section 75-63-55, Mississippi Code Of 1972, To Require That All Preneed Contracts Sold On Or After July 1, 2013, Be Funded By Insurance, And Require That All Preneed Contracts Existing On July 1, 2013, That Are Funded By Trust Be Converted To Insurance Funding; And For Related Purposes.
Title
Preneed contracts; allow naming of substitute provider at any time, and require all to be funded by insurance beginning 7-1-13.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-02-10 | Died In Committee | |
| 2011-02-10 | Recommitted to Committee | |
| 2011-02-03 | Tabled Subject To Call | |
| 2011-02-03 | Committee Substitute Adopted | |
| 2011-01-25 | Title Suff Do Pass Comm Sub | |
| 2011-01-17 | Referred To Public Health and Human Services |
