VA HB1206 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2012 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in Commerce and Labor (0-Y 0-N)
Pending: House Commerce and Labor Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 19 2012 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in Commerce and Labor (0-Y 0-N)
Pending: House Commerce and Labor Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requirements of preneed funeral contracts. Eliminates the requirement that, in cases in which a life insurance or annuity contract is used to fund the contract, the insurance or annuity contract must provide for adjustment of the face value of the insurance or annuity or for a benefit payable at death that will equal or exceed the sum of all premiums paid for the contract plus interest or dividends.
Title
Preneed funeral contracts; requirements.
Sponsors
| Del. Thomas Rust [R] |
Roll Calls
2012-02-14 - House - House: Left in Commerce and Labor (0-Y 0-N) (Y: 0 N: 0 NV: 23 Abs: 0) [FAIL]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-14 | House: Left in Commerce and Labor (0-Y 0-N) | |
| 2012-02-07 | House: Subcommittee recommends laying on the table by voice vote | |
| 2012-01-26 | House: Assigned C & L sub: #1 | |
| 2012-01-19 | House: Referred to Committee on Commerce and Labor | |
| 2012-01-19 | House: Presented and ordered printed 12103299D |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 38 | 2 | 3100.3 | (n/a) | See Bill Text |
| 54 | 1 | 2820 | (n/a) | See Bill Text |
