l9n/ Mississippi

2014 Regular Session

Senate Bill 2381

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

Became law as Chapter 358, Laws of 2014, signed March 17, 2014, 59 days after it was filed.

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 Senate

Its course

January 17 to March 17, 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 action12 actions on 10 days

In the SenateJan 17 to Feb 519 days

InsuranceJan 17 to Jan 225 days

In the House of RepresentativesFeb 5 to Mar 528 days

InsuranceFeb 15 to Feb 2510 days

With the GovernorMar 5 to Mar 1712 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 Senate Jan 17 – Feb 5

  1. Jan 17Referred to the Senate committee on Insurance
  2. Jan 22Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Feb 5Committee substitute adopted in the Senate
  4. Passed the Senate

In the House of Representatives Feb 6 – Mar 5

  1. Feb 6Sent to the House
  2. Feb 15Referred to the House committee on Insurance
  3. Feb 25Reported from committee in the House: title sufficient, do pass
  4. Mar 5Passed the House

To the Governor Mar 6 – Mar 17

  1. Mar 6Returned to the Senate for enrolling
  2. Mar 10Enrolled bill signed in the Senate
  3. Enrolled bill signed in the House
  4. Mar 17Approved by the Governor
All 12 actions, as published
  1. Jan 17Referred To InsuranceSenate
  2. Jan 22Title Suff Do Pass Comm SubSenate
  3. Feb 5Committee Substitute AdoptedSenate
  4. Feb 5PassedSenate
  5. Feb 6Transmitted To HouseSenate
  6. Feb 15Referred To InsuranceHouse of Representatives
  7. Feb 25Title Suff Do PassHouse of Representatives
  8. Mar 5PassedHouse of Representatives
  9. Mar 6Returned For EnrollingHouse of Representatives
  10. Mar 10Enrolled Bill SignedSenate
  11. Mar 10Enrolled Bill SignedHouse of Representatives
  12. Mar 17Approved by GovernorGovernor