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S03403 Summary:

BILL NOS03403
 
SAME ASSAME AS A00694
 
SPONSORBRESLIN
 
COSPNSR
 
MLTSPNSR
 
Amd §4223, Ins L
 
Reduces the minimum nonforfeiture interest rate for annuities from one percent to one half of one percent for annuities during the surrender charge period, and from one percent to fifteen hundredths of one percent during any contract period with no surrender charge.
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S03403 Actions:

BILL NOS03403
 
01/31/2023REFERRED TO INSURANCE
03/13/20231ST REPORT CAL.477
03/15/20232ND REPORT CAL.
03/16/2023ADVANCED TO THIRD READING
03/20/2023PASSED SENATE
03/20/2023DELIVERED TO ASSEMBLY
03/20/2023referred to insurance
01/03/2024died in assembly
01/03/2024returned to senate
01/03/2024REFERRED TO INSURANCE
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