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.
Bill History
| Date | Chamber | Action |
|---|---|---|
| 10/26/2015 | House |
• Filed |
| 11/5/2015 | House |
• Referred to Insurance and Banking Subcommittee; Appropriations Committee; Regulatory Affairs Committee -HJ 39 |
| 1/11/2016 | House |
• On Committee agenda-- Insurance and Banking Subcommittee, 01/13/16, 1:00 pm, Sumner Hall |
| 1/12/2016 | House |
• Introduced -HJ 39 |
| 1/13/2016 | House |
• CS by Insurance and Banking Subcommittee; YEAS 10 NAYS 1 -HJ 242 |
| 1/19/2016 | House |
• Pending review of CS under Rule 7.19(c) |
| 1/20/2016 | House |
• CS by Insurance and Banking Subcommittee read 1st time -HJ 236 |
| 1/21/2016 | House |
• Now in Appropriations Committee -HJ 249 |
| 2/5/2016 | House |
• On Committee agenda-- Appropriations Committee, 02/09/16, 3:00 pm, Webster Hall |
| 2/10/2016 | House |
• Favorable by Appropriations Committee; YEAS 22 NAYS 0 -HJ 436 • Now in Regulatory Affairs Committee -HJ 436 |
| 2/15/2016 | House |
• On Committee agenda-- Regulatory Affairs Committee, 02/17/16, 9:30 am, Sumner Hall |
| 2/17/2016 | House |
• CS/CS by- Regulatory Affairs Committee; YEAS 14 NAYS 0 -HJ 507 |
| 2/18/2016 | House |
• Pending review of CS -under Rule 7.19(c) • CS/CS by Regulatory Affairs Committee read 1st time -HJ 504 |
| 2/19/2016 | House |
• Placed on Calendar -HJ 517 |
| 3/11/2016 | House |
• Died on Calendar |
