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Bill Information > SB 5671 - 2009-10

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SB 5671 - 2009-10   (What is this?)

Requiring annuities sold in Washington to be suitable to the age and financial situation of the purchaser.
Revised for 1st Substitute: Determining the suitability of annuities sold in Washington.

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History of Bill
as of Tuesday, November 24, 2009 5:57 PM

 Sponsors:Senators Berkey, Franklin, Shin, Haugen
 By Request:Insurance Commissioner
 Companion Bill:HB 1563
 
 2009 REGULAR SESSION
  Jan 28 First reading, referred to Financial Institutions, Housing & Insurance. (View Original Bill)
  Feb 10 Public hearing in the Senate Committee on Financial Institutions and Housing & Insurance at 10:00 AM.
  Feb 17 Executive action taken in the Senate Committee on Financial Institutions and Housing & Insurance at 10:00 AM.
  Feb 19 FIHI - Majority; 1st substitute bill be substituted, do pass. (View 1st Substitute)
   Passed to Rules Committee for second reading.
  Mar 4 Placed on second reading by Rules Committee.
  Mar 6 1st substitute bill substituted (FIHI 09). (View 1st Substitute)
   Floor amendment(s) adopted.
   Rules suspended. Placed on Third Reading.
   Third reading, passed; yeas, 45; nays, 0; absent, 0; excused, 4. (View Roll Calls) (View 1st Engrossed)
 IN THE HOUSE
  Mar 9 First reading, referred to Financial Institutions & Insurance.
  Mar 10 Public hearing and executive action taken in the House Committee on Financial Institutions & Insurance at 9:00 AM.
   FII - Executive action taken by committee.
   FII - Majority; do pass with amendment(s).
  Mar 12 Passed to Rules Committee for second reading.
   Rules Committee relieved of further consideration. Placed on second reading.
  Mar 13 Committee amendment adopted with no other amendments.
   Rules suspended. Placed on Third Reading.
   Third reading, passed; yeas, 92; nays, 0; absent, 0; excused, 5. (View Roll Calls)
 IN THE SENATE
  Mar 20 Senate concurred in House amendments.
   Passed final passage; yeas, 43; nays, 0; absent, 0; excused, 6. (View Roll Calls)
  Mar 23 President signed.
 IN THE HOUSE
  Mar 24 Speaker signed.
 OTHER THAN LEGISLATIVE ACTION
   Delivered to Governor. (View Bill as Passed Legislature)
  Mar 30 Governor signed.
   Chapter 18, 2009 Laws. (View Session Law)
   Effective date 7/26/2009.

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Available Documents
Bill DocumentsBill DigestsBill Reports
Original Bill
Substitute Bill (FIHI 09)
Engrossed Substitute
Bill as Passed Legislature
Session Law
 
Bill Digest
Substitute Bill Digest
 
Senate Bill Report (Orig.)
Senate Bill Report
Engrossed Substitute House Bill Analysis 2009
Engrossed Substitute House Bill Report
Engrossed Substitute Senate Bill Report
Final Bill Report
 
Amendments  
Amendment NameNumSponsorTypeDescriptionAction
5671-S AMS BERK S2333.171BerkeyFloorPg 5 Ln 8ADOPTED 03/06/2009
5671-S.E AMH FII H2640.1FIICmteStrikerADOPTED 03/13/2009

Fiscal Note (Available)
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