Relating to annuities; and prescribing an effective date.
Summary
Establishes best interest standard for recommendations or sales of annuities to prospective purchasers. Specifies contents of and requirements for compliance with standard. Takes effect on 91st day following adjournment sine die.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2023
Committee Review
May 2023
Senate Passage
May 2023
House Passage
May 2023
Signed into Law
Jun 2023
Introduced Jan 9, 2023
Signed Jun 1, 2023
Floor votes · Senate Apr 11, 2023 · House May 22, 2023
How they voted
26–3
Passed · 1 other
Total votes 30
Apr 11, 2023
D
Democratic17
94% Yea
I
Independent1
100% Nay
R
Republican12
83% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
27
Key actions
7
Committee
4
Jun 1, 2023
Signed into law
Governor signed.
upper
May 25, 2023
Lower · Passed
Speaker signed.
lower
May 24, 2023
Upper · Passed
President signed.
upper
May 22, 2023
Lower · Passed
Third reading. Carried by Javadi. Passed.
lower
May 10, 2023
Lower · Passed
Recommendation: Do pass.
lower
Apr 14, 2023
Committee
Referred to Economic Development and Small Business.
lower
Apr 11, 2023
Introduced
First reading. Referred to Speaker's desk.
lower
Apr 11, 2023
Upper · Passed
Third reading. Carried by Sollman. Passed.
upper
Mar 31, 2023
Upper · Passed
Recommendation: Do pass with amendments. (Printed A-Eng.)
upper
Jan 13, 2023
Committee
Referred to Judiciary.
upper
Jan 9, 2023
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Janeen Sollman
DDemocratic
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