CS/CS/HB 445 (2016) -  Viatical Settlements

General Bill by Regulatory Affairs Committee and Insurance & Banking Subcommittee and Stevenson (CO-SPONSORS) Roberson, K.; Stark
Viatical Settlements: Revises provisions concerning viatical settlement providers; adds act that warrants imposition of administrative penalties against viatical settlement provider licensees; specifies procedures, authorized acts, & prohibited acts related to execution of viatical settlement contracts; provides criminal penalties for violation of such prohibitions; specifies authorized & prohibited acts by insurers related to viatical settlement providers; provides that certain agreements & transactions relating to stranger-originated life insurance practices are void & unenforceable.
Effective Date: July 1, 2016
Last Event: Died on Second Reading Calendar on Friday, March 11, 2016 6:45 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 650 Subject: Viatical Settlements Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Regulatory Affairs Committee 2/18/2016 2:16:37 PM
Chamber: House Committee: Regulatory Affairs Committee 2/15/2016 5:56:01 PM
Chamber: House Committee: Appropriations Committee 2/10/2016 10:07:20 AM
Chamber: House Committee: Appropriations Committee 2/8/2016 8:21:42 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/19/2016 6:05:18 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/11/2016 6:29:50 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died on Second Reading Calendar Time: 03/11/2016 - 6:45 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 02/19/2016 - 5:53 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 02/19/2016 - 5:53 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 02/18/2016 - 7:55 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/18/2016 - 2:20 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19(a) Time: 02/18/2016 - 2:20 PM Member: Committee: Version: c1
Event: H Reported out of Regulatory Affairs Committee Time: 02/18/2016 - 2:15 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Favorable with CS by Regulatory Affairs Committee Time: 02/17/2016 - 4:04 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Added to Regulatory Affairs Committee agenda Time: 02/15/2016 - 4:17 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Now in Regulatory Affairs Committee Time: 02/10/2016 - 10:09 AM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Reported out of Appropriations Committee Time: 02/10/2016 - 10:09 AM Member: Committee: Appropriations Committee Version: c1
Event: H Favorable by Appropriations Committee Time: 02/10/2016 - 10:00 AM Member: Committee: Appropriations Committee Version: c1
Event: H Added to Appropriations Committee agenda Time: 02/05/2016 - 4:25 PM Member: Committee: Appropriations Committee Version: c1
Event: H Now in Appropriations Committee Time: 01/21/2016 - 1:48 PM Member: Committee: Appropriations Committee Version: c1
Event: H Referred to Regulatory Affairs Committee Time: 01/21/2016 - 1:48 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Referred to Appropriations Committee Time: 01/21/2016 - 1:48 PM Member: Committee: Appropriations Committee Version: c1
Event: H 1st Reading Time: 01/20/2016 - 6:01 PM Member: Committee: Version: c1
Event: H CS Filed Time: 01/19/2016 - 6:07 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 01/19/2016 - 6:07 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/19/2016 - 6:04 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/13/2016 - 5:34 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/11/2016 - 3:20 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 11/05/2015 - 11:46 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 11/05/2015 - 11:46 AM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Appropriations Committee Time: 11/05/2015 - 11:46 AM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 11/05/2015 - 11:46 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 10/26/2015 - 4:29 PM Member: Stevenson Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
626.9911 CS/SB 650
626.9913 CS/SB 650
626.9914 CS/SB 650
626.99175 CS/SB 650
626.99185 CS/SB 650
626.9924 CS/SB 650
626.99245 CS/SB 650
626.99273 CS/SB 650
626.99275 CS/SB 650
626.99276 CS/SB 650
626.99278 CS/SB 650, CS/CS/HB 879, SB 908
626.99287 CS/SB 650
626.99289 CS/SB 650