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2023 SESSION

• | print version

SB 1131 Insurance agents; title insurance and viatical settlement.

Introduced by: T. Montgomery "Monty" Mason | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Insurance agents; title insurance and viatical settlement. Removes the requirement that an individual applying to be a title agent provide a sworn statement that the applicant has completed the required pre-licensing course and requires that such an applicant affirm his completion of such pre-licensing course. The bill requires that viatical settlement brokers affirm that they have an anti-fraud plan when submitting an initial application or renewal for a broker's license and that the anti-fraud plan be made available to the State Corporation Commission upon request.

FULL TEXT

• 01/10/23  Senate: Prefiled and ordered printed; offered 01/11/23 23102330D  pdf | impact statement
• 02/22/23  Senate: Bill text as passed Senate and House (SB1131ER)  pdf | impact statement
• 03/26/23  Governor: Acts of Assembly Chapter text (CHAP0577)  pdf

HISTORY

• 01/10/23  Senate: Prefiled and ordered printed; offered 01/11/23 23102330D
• 01/10/23  Senate: Referred to Committee on Commerce and Labor
• 01/16/23  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 01/18/23  Senate: Constitutional reading dispensed (37-Y 0-N)
• 01/19/23  Senate: Read second time and engrossed
• 01/20/23  Senate: Read third time and passed Senate (38-Y 0-N)
• 02/10/23  House: Placed on Calendar
• 02/10/23  House: Read first time
• 02/10/23  House: Referred to Committee on Commerce and Energy
• 02/14/23  House: Reported from Commerce and Energy (21-Y 0-N)
• 02/16/23  House: Read second time
• 02/17/23  House: Read third time
• 02/17/23  House: Passed House BLOCK VOTE (99-Y 0-N)
• 02/17/23  House: VOTE: Block Vote Passage (99-Y 0-N)
• 02/22/23  Senate: Enrolled
• 02/22/23  Senate: Bill text as passed Senate and House (SB1131ER)
• 02/22/23  House: Signed by Speaker
• 02/23/23  Senate: Signed by President
• 03/02/23  Senate: Enrolled Bill Communicated to Governor on March 2, 2023
• 03/02/23  Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
• 03/26/23  Governor: Approved by Governor-Chapter 577 (effective 7/1/23)
• 03/26/23  Governor: Acts of Assembly Chapter text (CHAP0577)