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HB1488 - TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REQUIRE AN INSURER TO PAY INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE UNDER CERTAIN POLICIES.


Bill Number:
HB1488 PDF
HB1488
Act Number:
Act 391 PDF
391
Status:
House -- Notification that HB1488 is now Act 391
Originating Chamber:
House
Lead Sponsor:
Other Primary Sponsor:
Introduction Date:
2/14/2025 10:03:40 AM
Act Date:
3/25/2025

Upcoming Events

No upcoming events for this bill.


Meetings

Date
Meeting
Documents
3/5/2025 10:00 AM
House Insurance and Commerce Committee
Committee Room 149
3/10/2025 1:30 PM
House Meeting
House
3/13/2025 10:00 AM
Senate Insurance - Commerce
Senate Room 171
3/17/2025 1:30 PM
Senate Floor Session
Senate Chamber
3/18/2025 1:30 PM
Senate Floor Session
Senate Chamber
3/19/2025 1:30 PM
House Meeting
House

Bill Status History

Chamber
Date
Action
Vote
House
3/25/2025 8:24:47 AM
Notification that HB1488 is now Act 391
House
3/19/2025 2:19:40 PM
Correctly enrolled and ordered transmitted to the Governor's Office.
House
3/19/2025 2:19:36 PM
TO BE ENROLLED
House
3/19/2025 2:19:30 PM
Senate amendment # 1 read and concurred in.
House
3/18/2025 4:09:28 PM
Returned from Senate as passed, as amended # 1
Senate
3/18/2025 3:02:22 PM
Returned to the House as passed as amended # 1 .
Senate
3/18/2025 3:02:06 PM
Read the third time and passed.
Senate
3/17/2025 4:21:58 PM
REPORTED CORRECTLY ENGROSSED
Senate
3/17/2025 1:56:39 PM
Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
Senate
3/17/2025 1:56:32 PM
Placed on second reading for purpose of amendment.
Senate
3/13/2025 1:42:27 PM
Returned by the Committee with the recommendation that it Do Pass as amended, Amendment # 1
Senate
3/10/2025 5:44:38 PM
Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE
Senate
3/10/2025 5:44:27 PM
Received from the House.
House
3/10/2025 2:00:05 PM
Read the third time and passed and ordered transmitted to the Senate.
House
3/6/2025 1:57:29 PM
REPORTED CORRECTLY ENGROSSED
House
3/6/2025 8:31:56 AM
Amendment No. 1 read and adopted and the bill ordered engrossed.
House
3/6/2025 8:31:54 AM
Placed on second reading for the purpose of amendment.
House
3/5/2025 4:01:09 PM
Returned by the Committee with the recommendation that it do pass as amended 1
House
2/17/2025 5:19:22 PM
Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE
House
2/14/2025 10:03:44 AM
Filed

Amendments

Chamber
No.
Sponsor
Introduction Date
Document
Chamber: House
Amendment Number: H1
3/5/2025 1:00:41 PM
Chamber: Senate
Amendment Number: S1
3/13/2025 12:25:27 PM