CS/CS/HB 445: Viatical Settlements
GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Stevenson ; (CO-INTRODUCERS) Roberson ; Stark
Viatical Settlements; Revises provisions concerning viatical settlement providers; adds act that warrants imposition of administrative penalties against viatical settlement provider licensees; specifies procedures, authorized acts, & prohibited acts related to execution of viatical settlement contracts; provides criminal penalties for violation of such prohibitions; specifies authorized & prohibited acts by insurers related to viatical settlement providers; provides that certain agreements & transactions relating to stranger-originated life insurance practices are void & unenforceable.
Last Action: 3/11/2016 House - Died on Calendar
Bill Text: PDF
• Referred to Insurance and Banking Subcommittee; Appropriations Committee; Regulatory Affairs Committee -HJ 39
• On Committee agenda-- Insurance and Banking Subcommittee, 01/13/16, 1:00 pm, Sumner Hall
• Introduced -HJ 39
• CS by Insurance and Banking Subcommittee; YEAS 10 NAYS 1 -HJ 242
• Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 236
• Now in Appropriations Committee -HJ 249
• On Committee agenda-- Appropriations Committee, 02/09/16, 3:00 pm, Webster Hall
• Favorable by Appropriations Committee; YEAS 22 NAYS 0 -HJ 436
• Now in Regulatory Affairs Committee -HJ 436
• On Committee agenda-- Regulatory Affairs Committee, 02/17/16, 9:30 am, Sumner Hall
• CS/CS by- Regulatory Affairs Committee; YEAS 14 NAYS 0 -HJ 507
• Pending review of CS -under Rule 7.19(c)
• CS/CS by Regulatory Affairs Committee read 1st time -HJ 504
• Placed on Calendar -HJ 517
• Died on Calendar
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.