Did not become law. It stopped in the House of Representatives on February 13, 2014. The 2014 session has ended.
2014 Regular Session
House Bill 549
Unclaimed Life Insurance Benefits Act; create.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CREATE THE "UNCLAIMED LIFE INSURANCE BENEFITS ACT"; TO DEFINE TERMS USED IN THE ACT; TO REQUIRE AN INSURER TO PERFORM A COMPARISON OF ITS IN-FORCE POLICIES, ANNUITIES AND RETAINED ASSET ACCOUNTS ISSUED IN THIS STATE AGAINST A DEATH MASTER FILE TO IDENTIFY POTENTIAL DEATH MASTER FILE MATCHES; TO PROVIDE THAT ONCE PROCEEDS ARE REPORTED AND REMITTED, THE INSURER SHALL BE INDEMNIFIED FROM ANY LIABILITY TO ANY PERSON RELATING TO THE PROCEEDS REPORTED AND REMITTED; TO PROVIDE THAT ANY PROCEEDS REMITTED TO THE STATE OF MISSISSIPPI SHALL BE DEPOSITED INTO THE ABANDONED PROPERTY FUND MAINTAINED BY THE STATE TREASURER; TO PROHIBIT THE COMMISSIONER OF INSURANCE AND THE STATE TREASURER FROM PROMULGATING RULES OR REGULATIONS THAT IMPOSE ADDITIONAL DUTIES ON INSURERS BEYOND THOSE SET FORTH IN THIS ACT; TO AMEND SECTION 89-12-37, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONEY REMAINING IN THE ABANDONED PROPERTY FUND AND THE ABANDONED PROPERTY CLAIMS PAYMENT FUND AT THE END OF A FISCAL YEAR SHALL NOT LAPSE INTO THE STATE GENERAL FUND; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 20 to February 13, 2014, 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 action5 actions on 4 days
In the House of RepresentativesJan 20 to Feb 13 · stopped24 days
InsuranceJan 20 to Jan 288 days
AppropriationsJan 28 to Feb 47 days
InsuranceFeb 4 to Feb 40 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 Jan 20 – Feb 13
- Jan 20Referred to the House committees on Insurance and on Appropriations
- Jan 28Reported as a committee substitute from IN to AP in the House: title sufficient, do pass
- Feb 4Reported as a committee substitute from AP to IN in the House: title sufficient, do pass
- Reported from committee in the House: title sufficient, do pass as a committee substitute
- Feb 13Died on the calendar in the House