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HB0235
Life insurance benefits-payments and interest.
Year
2020
Status
Proposed
Sponsor
Roscoe
Committee
Not Assigned
Introduced
Feb 14, 2020
6 years ago
Last Action
Assigned Chapter Number 137
Status
Not Yet Signed
Bill is pending
Bill Synopsis
Updates rules for how life insurance companies can pay out claims, including allowing payments in assets instead of cash when policies are investment-based. Takes effect July 1, 2020.
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Individual Sponsor
This bill was sponsored by Roscoe 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 137