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SB519 - TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY.


Bill Number:
SB519 PDF
SB519
Act Number:
Act 958 PDF
958
Status:
Senate -- Notification that SB519 is now Act 958
Originating Chamber:
Senate
Lead Sponsor:
Introduction Date:
3/19/2025 1:49:49 PM
Act Date:
4/21/2025

Upcoming Events

No upcoming events for this bill.


Meetings

Date
Meeting
Documents
4/1/2025 10:00 AM
Senate Insurance - Commerce
Senate Room 171
4/2/2025 1:00 PM
Senate Floor Session
Senate Chamber
4/9/2025 9:30 AM
House Insurance and Commerce Committee
Committee Room 149
4/10/2025 1:30 PM
House Meeting
House
4/14/2025 1:30 PM
House Meeting
House
4/15/2025 1:00 PM
Senate Floor Session
Senate Chamber

Bill Status History

Chamber
Date
Action
Vote
Senate
4/22/2025 4:45:53 PM
Notification that SB519 is now Act 958
Senate
4/16/2025 7:39:33 AM
DELIVERED TO GOVERNOR.
Senate
4/16/2025 7:39:28 AM
Reported correctly enrolled and ordered delivered to the Governor.
Senate
4/15/2025 1:32:39 PM
ORDERED ENROLLED
Senate
4/15/2025 1:32:35 PM
Read the third time and passed.
Senate
4/15/2025 1:32:27 PM
Rules suspended.
Senate
4/15/2025 1:32:23 PM
House Amendment No. 1 read first time, rule suspended, read second time and concurred in.
Senate
4/15/2025 1:32:16 PM
Placed on second reading for purpose of amendment.
Senate
4/14/2025 8:14:49 PM
Returned from the House as passed as amended # 1 .
House
4/14/2025 6:48:13 PM
Returned to the Senate as passed.
House
4/14/2025 6:48:05 PM
Read the third time and passed and ordered transmitted to the Senate.
House
4/10/2025 1:58:51 PM
REPORTED CORRECTLY ENGROSSED
House
4/10/2025 1:47:56 PM
Amendment No. 1 read and adopted and the bill ordered engrossed.
House
4/10/2025 1:47:53 PM
Placed on second reading for the purpose of amendment.
House
4/9/2025 2:27:22 PM
Returned by the Committee with the recommendation that it do pass as amended 1
House
4/2/2025 7:46:20 PM
Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE
House
4/2/2025 6:31:08 PM
RECEIVED FROM THE SENATE
Senate
4/2/2025 3:43:39 PM
Ordered immediately transmitted to the House.
Senate
4/2/2025 3:43:33 PM
Read the third time and passed.
Senate
4/1/2025 2:10:45 PM
Returned by the Committee, with the recommendation that it Do Pass
Senate
3/19/2025 7:22:53 PM
Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE
Senate
3/19/2025 1:49:53 PM
Filed

Amendments

Chamber
No.
Sponsor
Introduction Date
Document
Chamber: House
Amendment Number: H1
4/9/2025 2:08:02 PM