BILL · 2007–08 SESSION

SB 6631: Life settlements model act

Adopting the life settlements model act.

Summary

A life settlement contract is a written agreement between the policy owner and the third party, called the provider, that pays the owner less than the death benefit of the insurance policy in return for the policy owner's transfer of the death benefit to the provider.

From the Senate Bill Report (SB 6631), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to adopting the life settlements model act;

No recorded floor votes. This measure never reached a floor vote.

Bill numbers restart every two years, so the same number is a different bill in each session.

SB 6631 (2019–20) Housing/sales & use tax · Did not pass · died in committee
SB 6631 (2017–18) Small modular reactors · Did not pass · died in committee
SB 6631 (2015–16) Port issues committee · Did not pass · passed Senate, stalled in House
SB 6631 (2011–12) Medical emergency response · Did not pass · died in committee
SB 6631 (2009–10) Property tax payment dates · Did not pass · died in committee
SB 6631 (2005–06) State patrol commission · Did not pass · died in committee
SB 6631 (2003–04) Blood banks & cancer centers · Did not pass · died in committee
SB 6631 (2001–02) Electrical licensing · Did not pass · died in committee