MS SB2381 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 17 2014 - 100% progression
Action: 2014-03-17 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Amend Section 83-23-205, Mississippi Code Of 1972, To Revise The Coverages Provided Under The Mississippi Life And Health Insurance Guaranty Association Act By Clarifying The Coverage For Equity Index Products, Excluding The Coverage For Certain Medicare Policies, And Increasing The Coverage Limitation For Long-term Care Insurance And Annuity Benefits; To Amend Section 83-23-209, Mississippi Code Of 1972, To Provide That The Definition Of "member Insurer" Does Not Include An Organization That Has A Certificate Or License Limited To The Issuance Of Charitable Gift Annuities; To Amend Section 83-23-215, Mississippi Code Of 1972, To Revise The Powers Of The Association; To Amend Section 83-23-217, Mississippi Code Of 1972, To Increase The Maximum Class A Assessment; To Amend Section 83-23-219, Mississippi Code Of 1972, To Require Certain Provisions Of Plan Of Operation; To Amend Section 83-23-221, Mississippi Code Of 1972, To Revise The Time For Appeals Of Actions By The Association; To Amend Section 83-23-223, Mississippi Code Of 1972, To Clarify A Certain Acronym Used In The Act; To Amend Section 83-23-225, Mississippi Code Of 1972, To Clarify The Association's Duty To Disclose Certain Records With Respect To Impaired Or Insolvent Insurers; To Amend Section 83-23-227, Mississippi Code Of 1972, To Revise The Annual Reporting Requirements Of The Association; To Amend Section 83-23-233, Mississippi Code Of 1972, To Revise The Duration Of The Automatic Stay Of Judicial Proceedings Upon Order Of Liquidation, Rehabilitation Or Conservation; To Create A New Section 83-23-237, Mississippi Code Of 1972, To Provide For The Applicability Of The Amendments Made By This Act; And For Related Purposes.

Tracking Information

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Title

Mississippi Life and Health Insurance Guaranty Association Act; conform to NAIC model law.

Sponsors


Roll Calls

2014-03-05 - House - House Passed (Y: 121 N: 0 NV: 1 Abs: 0) [PASS]
2014-02-05 - Senate - Senate Passed (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2014-03-17 Approved by Governor
2014-03-10HouseEnrolled Bill Signed
2014-03-10SenateEnrolled Bill Signed
2014-03-06HouseReturned For Enrolling
2014-03-05HousePassed
2014-02-25HouseTitle Suff Do Pass
2014-02-15HouseReferred To Insurance
2014-02-06SenateTransmitted To House
2014-02-05SenatePassed
2014-02-05SenateCommittee Substitute Adopted
2014-01-22SenateTitle Suff Do Pass Comm Sub
2014-01-17SenateReferred To Insurance

Mississippi State Sources


Bill Comments

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