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2007 SESSION

• | print version

HB 2001 Life insurance; clarifies provisions addressing when a trustee has an insurable interest therein.

Introduced by: Terry G. Kilgore | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Life insurance; insurable interest requirement. Clarifies that the provisions addressing when a trustee has an insurable interest in a life insurance policy are to be applied whether the policy was owned by a trustee before, on, or after July 1, 2005, which is the effective date of the legislation that enacted such provisions. The measure also provides that the 2005 legislation was intended to permit charitable organizations that satisfied the criteria set out in the criteria of that law to continue to acquire charitable certificates after July 1, 2005.

FULL TEXT

• 01/08/07  House: Prefiled and ordered printed; offered 01/10/07 070150372  pdf | impact statement
• 01/19/07  House: Printed as engrossed 070150372-E  pdf | impact statement
• 02/12/07  Senate: Committee substitute printed 070286372-S1  pdf | impact statement
• 02/28/07  House: Bill text as passed House and Senate (HB2001ER)  pdf | impact statement
• 03/14/07  Governor: Acts of Assembly Chapter text (CHAP0186)  pdf

AMENDMENTS

• House amendments

HISTORY

• 01/08/07  House: Prefiled and ordered printed; offered 01/10/07 070150372
• 01/08/07  House: Referred to Committee on Commerce and Labor
• 01/16/07  House: Reported from Commerce and Labor with amendments (21-Y 0-N)
• 01/18/07  House: Read first time
• 01/19/07  House: Read second time
• 01/19/07  House: Committee amendments agreed to
• 01/19/07  House: Engrossed by House as amended HB2001E
• 01/19/07  House: Printed as engrossed 070150372-E
• 01/22/07  House: Read third time and passed House (96-Y 0-N)
• 01/22/07  House: VOTE: PASSAGE (96-Y 0-N)
• 01/22/07  House: Communicated to Senate
• 01/23/07  Senate: Constitutional reading dispensed
• 01/23/07  Senate: Referred to Committee on Commerce and Labor
• 02/12/07  Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
• 02/12/07  Senate: Committee substitute printed 070286372-S1
• 02/14/07  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/14/07  Senate: VOTE: (40-Y 0-N)
• 02/14/07  Senate: Passed by for the day
• 02/14/07  Senate: Reconsideration of Passed by for the day agreed to (40-Y 0-N)
• 02/14/07  Senate: VOTE: (40-Y 0-N)
• 02/14/07  Senate: Passed by for the day
• 02/15/07  Senate: Read third time
• 02/15/07  Senate: Reading of substitute waived
• 02/15/07  Senate: Committee substitute agreed to 070286372-S1
• 02/15/07  Senate: Engrossed by Senate - committee substitute HB2001S1
• 02/15/07  Senate: Passed Senate with substitute (38-Y 0-N)
• 02/15/07  Senate: VOTE: (38-Y 0-N)
• 02/16/07  House: Placed on Calendar
• 02/19/07  House: Senate substitute agreed to by House (100-Y 0-N)
• 02/19/07  House: VOTE: ADOPTION (100-Y 0-N)
• 02/28/07  House: Enrolled
• 02/28/07  House: Bill text as passed House and Senate (HB2001ER)
• 03/01/07  House: Signed by Speaker
• 03/02/07  Senate: Signed by President
• 03/09/07  Governor: Approved by Governor-Chapter 186 (effective 7/1/07)
• 03/14/07  Governor: Acts of Assembly Chapter text (CHAP0186)