MS SB2796 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 24 2014 - 100% progression
Action: 2014-03-24 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

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 Create A New Section Of Law To Provide That Certain United States Savings Bonds Which Are Unclaimed Property Shall Escheat To The State Of Mississippi; And For Related Purposes.

Tracking Information

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Title

Unclaimed Life Insurance Benefits Act; create.

Sponsors


Roll Calls

2014-03-13 - Senate - Senate Concurred in Amend From House (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]
2014-02-26 - House - House Passed As Amended (Y: 119 N: 0 NV: 3 Abs: 0) [PASS]
2014-02-25 - House - House Passed As Amended (Y: 118 N: 0 NV: 4 Abs: 0) [PASS]
2014-02-05 - Senate - Senate Passed (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2014-03-24 Approved by Governor
2014-03-18HouseEnrolled Bill Signed
2014-03-18SenateEnrolled Bill Signed
2014-03-13SenateConcurred in Amend From House
2014-03-03HouseReturned For Concurrence
2014-02-26HousePassed As Amended
2014-02-26HouseAmended
2014-02-26HouseReconsidered
2014-02-25HouseMotion to Reconsider Entered (Mayo, Chism, Busby)
2014-02-25HousePassed As Amended
2014-02-25HouseAmended
2014-02-18HouseTitle Suff Do Pass As Amended
2014-02-15HouseReferred To Insurance
2014-02-06SenateTransmitted To House
2014-02-05SenatePassed
2014-02-05SenateCommittee Substitute Adopted
2014-01-29SenateTitle Suff Do Pass Comm Sub
2014-01-20SenateReferred To Insurance

Mississippi State Sources


Bill Comments

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