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LR number: 3277S.04P
Latest Update: Sunday, June, 15th 2008

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SCS/SB 865 - Under this act, no life insurance company shall deny or refuse to accept an application for life insurance, refuse to renew, cancel, restrict, or otherwise terminate a policy of life insurance, or charge a different rate for the same life insurance coverage, based upon the applicant’s or insured’s past or future lawful travel destinations. Nothing in this section shall prohibit a life insurance company from denying an application for life insurance, or charging a different premium or rate for such coverage under such policy based on a specific travel destination where the denial or rate differential is based upon sound actuarial principles or is related to actual or reasonably anticipated experience. Under the act, a violation constitutes an unfair trade practice. The act provides that it shall apply to life insurance policies issued or renewed on or after August 28, 2008. This act also creates an itemized income tax deduction for life insurance premium payments made [...]

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Latest Actions
  • 05/16/2008 - Rules - Reported Do Pass
  • 05/16/2008 - H Calendar S Bills for Third Reading
  • 05/15/2008 - Rules - Voted Do Pass
  • 05/15/2008 - Rules - Reported Do Pass
  • 05/14/2008 - Rules - Hearing Conducted

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Bill Summary
File name Last Updated
SB865 Bill Summary Perfected HTML04/24/2008
SB865 Bill Summary Senate Committee Substitute HTML02/21/2008
SB865 Bill Summary Introduced HTML12/05/2007

Bill Text
File name Last Updated
SB865 Bill Text Perfected PDF04/24/2008
SB865 Bill Text Senate Committee Substitute PDF02/29/2008
SB865 Bill Text Introduced PDF12/05/2007

Fiscal Notes
File name Last Updated
SB865 Fiscal Notes Senate Comm (Perfected) PDF04/28/2008
SB865 Fiscal Notes Senate Comm (Perfected) HTML04/28/2008
SB865 Fiscal Notes Senate Comm PDF02/29/2008
SB865 Fiscal Notes Senate Comm HTML02/29/2008
SB865 Fiscal Notes Introduced PDF01/15/2008
SB865 Fiscal Notes Introduced HTML01/15/2008