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HB0170
Annuity minimum nonforfeiture amount.
Year
2003
Status
Proposed
Sponsor
Prosser
Committee
Not Assigned
Introduced
Jan 31, 2003
23 years ago
Last Action
Assigned Chapter Number - 35
Status
Not Yet Signed
Bill is pending
Bill Synopsis
Temporarily lowers the minimum interest rate guaranteed on certain annuity contracts from 3% to 1.5% between 2003 and 2007 due to low market interest rates.
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Individual Sponsor
This bill was sponsored by Prosser rather than by a committee. Individual legislators can introduce bills that are then assigned to committees for review during the legislative process.
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
Assigned Chapter Number - 35