HB 627: Interstate Insurance Product Regulation Compact
GENERAL BILL by Hart ; (CO-INTRODUCERS) Valdes
Interstate Insurance Product Regulation Compact; Expands opt out provision to exclude annuity & disability income insurance from uniform interstate standards for insurance products; revises effective date for applicability of uniform standards to other insurance products; provides that state prospectively opts out of future interstate standards; deletes authority to opt out of administrative order; deletes opt out of additional specified uniform standards.
Last Action: 5/3/2019 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF
Date Chamber Action 2/1/2019 House • Filed
2/13/2019 House • Referred to Insurance and Banking Subcommittee; Civil Justice Subcommittee; Commerce Committee -HJ 70
3/5/2019 House • Introduced -HJ 70
5/3/2019 House • Indefinitely postponed and withdrawn from consideration
• Died in Insurance and Banking Subcommittee
HB 627, Original Filed Version (Current Bill Version) Posted 2/1/2019 at 12:02 PM
Bill Text: Analyses: None
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 614 Interstate Insurance Product Regulation Compact Broxson Similar Last Action: 5/3/2019 S Died in Banking and Insurance
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 626.9933 Opt out from long-term care products standards. Page 1 (pdf) 626.9934 Effective date of compact standards; opt out procedures; state law exemptions; legislative notice. Page 2 (pdf)
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