Insurance; contingent deferred annuities, nonforfeiture benefits.

Passed on 4/8/26

Summary

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From the Legislature

Insurance; contingent deferred annuities; nonforfeiture benefits. Permits the State Corporation Commission to adopt reasonable standards for contingent deferred annuities, as defined in the bill, including nonforfeiture benefits. The bill subjects contingent deferred annuities to certain requirements applicable under current law to other types of insurance contracts.

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

Roll Call Votes

97 Yea

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0 Nay

2 Absent

DD

Calendar

Jan 26

7:00 PM

Senate Commerce and Labor Hearing

Feb 24

12:00 AM

House Labor and Commerce: Subcommittee #1 Hearing

Feb 26

12:00 AM

House Labor and Commerce Hearing