S.B. No. 493
Session Year 2017
 


AN ACT CONCERNING THE PURCHASE OF AN ANNUITY TO FUND PENSION BENEFITS.

To require an insurance company to provide certain disclosures to employees and retirees of an employer when such company issues a group annuity contract to provide retirement benefits to such employees and retirees, and limit subsequent transfers of such annuity contract.

Introduced by:
Insurance and Real Estate Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 3/23/2017(LCO)File Number 198
 3/23/2017Senate Calendar Number 135
 3/23/2017Favorable Report, Tabled for the Calendar, Senate
 3/23/2017(LCO)Reported Out of Legislative Commissioners' Office
 3/17/2017(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 03/22/17 5:00 PM
 3/10/2017(LCO)Filed with Legislative Commissioners' Office
 3/9/2017(INS)Joint Favorable
 3/1/2017Referred to Joint Committee on Insurance and Real Estate
 2/28/2017Drafted by Committee
 2/23/2017(INS)Vote to Draft
 2/9/2017Public Hearing 02/16
 1/26/2017(INS)Reserved for Subject Matter Public Hearing
 1/20/2017Referred to Joint Committee on Insurance and Real Estate

Co-sponsors of SB-493

Sen. Carlo Leone, 27th Dist.

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