Did not become law. It stopped in the House of Representatives's Insurance Committee on March 6, 2012. The 2012 session has ended.
2012 Regular Session
House Bill 1039
Life insurance companies; prohibit payout to beneficiary by depositing proceeds into certain checking accounts.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO PROHIBIT ANY LIFE INSURANCE COMPANY FROM PAYING A BENEFICIARY OF A LIFE INSURANCE POLICY BY DEPOSITING THE PROCEEDS INTO A CHECKING ACCOUNT CONTROLLED BY THE INSURER, EVEN IF THE ACCOUNT IS IN THE BENEFICIARY'S NAME; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
February 20 to March 6, 2012, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesFeb 20 to Mar 6 · stopped15 days
InsuranceFeb 20 to Mar 6 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Feb 20 – Mar 6
- Feb 20Referred to the House committees on Insurance and on Banking and Financial Services
- Mar 6Died in committee in the House
All 2 actions, as published
- Feb 20Referred To Insurance;Banking and Financial ServicesHouse of Representatives
- Mar 6Died In CommitteeHouse of Representatives