HB 965 CS (2004) -  Annuity Investments by Seniors

General Bill by Murzin (CO-SPONSORS) Anderson; Benson; Fiorentino; Negron; Slosberg
Annuity Investments by Seniors: Specifies duties of insurers and insurance agents relating to making annuity investment recommendations to senior consumers, with limitations; requires a system of compliance and supervision; provides for enforcement by the Office of Financial Regulation and the Department of Financial Services; authorizes the office or department to issue orders to mitigate responsibilities of insurers or insurance agents; provides for reduction or elimination of penalties; provides recordkeeping requirements; provides exemptions from application for variable annuities.
Effective Date: October 1, 2004
Last Event: Died in Committee on Commerce on Friday, April 30, 2004 11:40 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 2280 Subject: Annuity Investments by Seniors Relationship: Similar
Bill #: CS/CS/SB 2442 Subject: Life Insurance & Annuity Contracts Relationship: Compare
Bill #: CS/CS/SB 2994 Subject: Financial Services Department Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Public Safety & Crime Prevention 3/25/2004 9:57:46 PM
Chamber: House Committee: Public Safety & Crime Prevention 3/25/2004 9:57:01 PM
Chamber: House Committee: Public Safety & Crime Prevention 3/23/2004 3:25:47 PM
Chamber: House Committee: Insurance 3/15/2004 2:26:32 PM
Chamber: House Committee: Insurance 3/15/2004 2:14:06 PM
Chamber: House Committee: Insurance 3/10/2004 6:38:43 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Committee on Commerce Time: 04/30/2004 - 11:40 PM Member: Committee: Commerce Version:
Event: H Bill now in Commerce Time: 03/25/2004 - 9:59 PM Member: Committee: Commerce Version:
Event: H Bill released from committee Time: 03/25/2004 - 9:59 PM Member: Committee: Public Safety & Crime Prevention Version:
Event: H Bill passed referred committee Time: 03/25/2004 - 9:59 PM Member: Committee: Public Safety & Crime Prevention Version:
Event: H Bill added to Public Safety & Crime Prevention agenda Time: 03/23/2004 - 3:42 PM Member: Committee: Public Safety & Crime Prevention Version:
Event: H Now in Public Safety & Crime Prevention Time: 03/22/2004 - 8:05 PM Member: Committee: Public Safety & Crime Prevention Version:
Event: H Bill referral removed from committee Time: 03/22/2004 - 8:05 PM Member: Committee: Appropriations Version:
Event: H Bill referral removed from committee Time: 03/22/2004 - 8:05 PM Member: Committee: Subcommittee on Commerce & Local Affairs Appropriations Version:
Event: H Remaining referral: Commerce Time: 03/22/2004 - 8:05 PM Member: Committee: Commerce Version:
Event: H Remaining referral: Public Safety & Crime Prevention Time: 03/22/2004 - 8:05 PM Member: Committee: Public Safety & Crime Prevention Version:
Event: H Recommendation: CS by Insurance ; Pending Review of CS under Rule 6.3 Time: 03/15/2004 - 12:31 PM Member: Committee: Insurance Version:
Event: H Bill released from committee Time: 03/15/2004 - 12:31 PM Member: Committee: Insurance Version:
Event: H Bill passed referred committee Time: 03/15/2004 - 12:31 PM Member: Committee: Insurance Version:
Event: H Bill added to Insurance agenda Time: 03/09/2004 - 4:19 PM Member: Committee: Insurance Version:
Event: H 1st Reading Time: 03/03/2004 - 1:23 AM Member: Committee: Version:
Event: H Now in Insurance Time: 02/19/2004 - 6:21 PM Member: Committee: Insurance Version:
Event: H Bill referred to committee Time: 02/19/2004 - 6:21 PM Member: Committee: Appropriations Version:
Event: H Bill referred to committee Time: 02/19/2004 - 6:21 PM Member: Committee: Subcommittee on Commerce & Local Affairs Appropriations Version:
Event: H Bill referred to committee Time: 02/19/2004 - 6:21 PM Member: Committee: Commerce Version:
Event: H Bill referred to committee Time: 02/19/2004 - 6:21 PM Member: Committee: Public Safety & Crime Prevention Version:
Event: H Bill referred to committee Time: 02/19/2004 - 6:21 PM Member: Committee: Insurance Version:
Event: H Filed timely Time: 02/11/2004 - 3:50 PM Member: Murzin Committee: Version:

Statutes Referenced by this Bill

Statute Other Bill Citations
627.4554