2007 Regular Session
|At the request of:|
|Chief Sponsors:||Representative Bonamici|
|Regular Sponsors:||Representative Barnhart , Representative Berger , Representative Cameron , Representative Gilliam , Representative Macpherson , Representative Maurer , Representative Roblan , Representative Tomei|
|Bill Title:||Relating to life insurance; and declaring an emergency.|
|Catchline/Summary:||Removes prohibition against imposing assessments on annuities to pay expenses of Department of Consumer and Business Services in administering Insurance Code.
Changes requirement for number of persons required to be insured under group life insurance policy. Requires premium for group life insurance policy to be paid from funds of policyholder or from funds contributed by persons insured under policy. Declares emergency, effective on passage.
|Fiscal Impact:||No Fiscal Impact|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|