Relating to the legal reserve requirements of life insurance companies

Where it is now

1. ✓
   Done: IntroducedJanuary 31, 2020
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: House committeeMarch 3, 2020
4. ✓
   Done: Passes the HouseMarch 3, 2020
5. –
   Skipped: Senate committeeSkipped
6. ✓
   Done: Passes the SenateFebruary 24, 202048–0
7. ✓
   Done: To the GovernorMarch 11, 2020
8. ✓
   Done: Signed into lawMarch 12, 2020

SF 2132 became law → The same legislation passed as SF 2132, so this version was set aside. Go to SF 2132 What’s a funnel?

What’s in it

AI summary Life insurance companies can use certain financial tools to help meet their legal savings requirements. This change expands the types of tools they are allowed to use for these specific transactions. It updates the rules by adding a new definition from a national accounting standard.¹

Full bill text · What changed before it passed²

Family tree