2003 Senate Bill 116

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Introduced in the Senate

Jan. 29, 2003

Introduced by Sen. Shirley Johnson (R-13)

To authorize and establish regulations for “accelerated benefits,” which allow a person diagnosed with a terminal illness to collect life insurance payments before death under certain conditions.

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform

March 4, 2003

Reported without amendment

With the recommendation that the bill be referred to the Committee on Banking and Financial Institutions.

Referred to the Committee on Banking and Financial Institutions