l9n/ Mississippi

2014 Regular Session

House Bill 606

Mississippi Life and Health Insurance Guaranty Association Act; conform to NAIC model law.

Did not become law. It stopped in the House of Representatives's Insurance Committee on February 4, 2014. The 2014 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 83-23-205, MISSISSIPPI CODE OF 1972, TO REVISE THE COVERAGES PROVIDED UNDER THE MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT BY CLARIFYING THE COVERAGE FOR EQUITY INDEX PRODUCTS, EXCLUDING THE COVERAGE FOR CERTAIN MEDICARE POLICIES, AND INCREASING THE COVERAGE LIMITATION FOR LONG-TERM CARE INSURANCE AND ANNUITY BENEFITS; TO AMEND SECTION 83-23-209, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE DEFINITION OF "MEMBER INSURER" DOES NOT INCLUDE AN ORGANIZATION THAT HAS A CERTIFICATE OR LICENSE LIMITED TO THE ISSUANCE OF CHARITABLE GIFT ANNUITIES; TO AMEND SECTION 83-23-215, MISSISSIPPI CODE OF 1972, TO REVISE THE POWERS OF THE ASSOCIATION; TO AMEND SECTION 83-23-217, MISSISSIPPI CODE OF 1972, TO INCREASE THE MAXIMUM CLASS A ASSESSMENT; TO AMEND SECTION 83-23-219, MISSISSIPPI CODE OF 1972, TO REQUIRE CERTAIN PROVISIONS OF PLAN OF OPERATION; TO AMEND SECTION 83-23-221, MISSISSIPPI CODE OF 1972, TO REVISE THE TIME FOR APPEALS OF ACTIONS BY THE ASSOCIATION; TO AMEND SECTION 83-23-223, MISSISSIPPI CODE OF 1972, TO CLARIFY A CERTAIN ACRONYM USED IN THE ACT; TO AMEND SECTION 83-23-225, MISSISSIPPI CODE OF 1972, TO CLARIFY THE ASSOCIATION'S DUTY TO DISCLOSE CERTAIN RECORDS WITH RESPECT TO IMPAIRED OR INSOLVENT INSURERS; TO AMEND SECTION 83-23-227, MISSISSIPPI CODE OF 1972, TO REVISE THE ANNUAL REPORTING REQUIREMENTS OF THE ASSOCIATION; TO AMEND SECTION 83-23-233, MISSISSIPPI CODE OF 1972, TO REVISE THE DURATION OF THE AUTOMATIC STAY OF JUDICIAL PROCEEDINGS UPON ORDER OF LIQUIDATION, REHABILITATION OR CONSERVATION; TO CREATE A NEW SECTION 83-23-237, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE APPLICABILITY OF THE AMENDMENTS MADE BY THIS ACT; 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

Its course

January 20 to February 4, 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 action2 actions on 2 days

In the House of RepresentativesJan 20 to Feb 4 · stopped15 days

InsuranceJan 20 to Feb 4 · 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 Jan 20 – Feb 4

  1. Referred to the House committee on Insurance
  2. Died in committee in the House
All 2 actions, as published