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Georgia General Assembly > Legislation
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2015-2016 Regular Session - HB 193
Life Insurance Consumer Disclosure Model Act; enact
Sponsored By
Sponsored In Senate By
First Reader Summary
A BILL to be entitled an Act to amend Chapter 25 of Title 33 of the Official Code of Georgia Annotated, relating to life insurance, so as to provide for the "Life Insurance Consumer Disclosure Model Act"; to provide for written notice to certain life insurance policyholders that request the surrender of, a loan against, or accelerated death benefit, nursing home benefit, critical illness benefit, or any other living benefit under a life insurance policy; to provide for a short title; to provide for definitions; to provide for the written notice provisions; to provide that the written notice shall be promulgated by rules and regulations by the Commissioner; to provide for penalties; to repeal conflicting laws; and for other purposes.
Status History
Jul/01/2016 - Effective Date
Apr/26/2016 - Act 357
Apr/26/2016 - House Date Signed by Governor
Mar/29/2016 - House Sent to Governor
Mar/22/2016 - Senate Passed/Adopted
Mar/22/2016 - Senate Third Read
Mar/22/2016 - Senate Taken from Table
Mar/22/2016 - Senate Tabled
Mar/14/2016 - Senate Read Second Time
Mar/11/2016 - Senate Committee Favorably Reported
Feb/16/2016 - Senate Read and Referred
Feb/11/2016 - House Passed/Adopted By Substitute
Feb/11/2016 - House Third Readers
Feb/03/2016 - House Committee Favorably Reported By Substitute
Feb/04/2015 - House Second Readers
Feb/03/2015 - House First Readers
Feb/02/2015 - House Hopper
3/22/2016 Tabled in Senate; 3/22/2016 Taken from Table in Senate
Mar/22/2016 - Senate Vote #695Yea(52)Nay(0)NV(3)
Mar/22/2016 - Senate Vote #682Yea(40)Nay(16)NV(0)
Feb/11/2016 - House Vote #522Yea(157)Nay(0)NV(12)
Past Versions