BILL · 2013–14 SESSION

HB 2134: Life insurance owner notices

Addressing the notice given to owners of life insurance policies about alternative transactions.

Summary

  • Exempts term life insurance policies from the requirement that a policy owner must be notified of alternative options when the owner has made certain requests regarding the policy or has received notices that the policy may lapse.

From the House Bill Report (HB 2134), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 13, 2014
  2. Out of committeeJan 23, 2014
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Derek Stanford (D-1)
Introduced
January 13, 2014 in the House
Last action
January 23, 2014
Companion bill
SB 5976
Budget
Has a fiscal note

AN ACT Relating to notice given to owners of life insurance policies about alternative transactions;

Sponsors

Prime sponsor: Derek Stanford (D-1)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

No recorded floor votes.

History

  1. Referred to Rules 2 Review.
  2. Minority; do not pass.
  3. BFS - Majority; do pass.
  4. BFS - Executive action taken by committee.
  5. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
  6. Prefiled for introduction.

HB 2134 in other sessions

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

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