Bills › 91st General Assembly
Relating to the applicability of the standard nonforfeiture law for individual deferred annuities to contingent deferred annuities
Topics:Insurance
Where it is now
- Done: IntroducedJanuary 22, 2026
- Done: SubcommitteeJanuary 22, 2026
- Done: Senate committeeFebruary 4, 2026
- Skipped: Passes the SenateContinued as SF 2215
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 2215 → Its progress continues under the new number. Go to SF 2215 What’s a funnel?
What’s in it
AI summary Currently, certain rules protect the money people get back from deferred annuities. This change would stop those specific rules from applying to contingent deferred annuities. However, the commissioner of insurance can still create new rules to make sure these policyholders are treated fairly.1
Read the official explanation
This bill provides that subsections through of Code section 508.38 (standard nonforfeitures —— deferred annuities) shall not apply to contingent deferred annuities, except that the commissioner of insurance may prescribe by rule nonforfeiture benefits for contingent deferred annuities that the commissioner deems equitable to policyholders, appropriate for the risks insured, and consistent with the general intent of Code section 508.38.
Senate subcommittee
Named January 22, 2026. On January 29, 2026 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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91st General Assembly