Insurance; minimum nonforfeiture interest rate for individual deferred annuities; decrease
Summary
A BILL to be entitled an Act to amend Code Section 33-28-3 of the Official Code of Georgia Annotated, relating to standard nonforfeiture provisions for individual deferred annuities, so as to decrease the minimum nonforfeiture interest rate for individual deferred annuities from 1 percent to 0.15 percent; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2022
Committee Review
Mar 2022
House Passage
Feb 2022
Senate Passage
Mar 2022
Signed into Law
May 2022
Introduced Jan 26, 2022
Signed May 2, 2022
Floor votes · House Feb 15, 2022
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
15
Key actions
6
Committee
3
May 2, 2022
Signed into law
Act 756
upper
May 2, 2022
Signed into law
House Date Signed by Governor
lower
Mar 23, 2022
Upper · Passed
Senate Passed/Adopted
upper
Mar 17, 2022
Upper · Passed
Senate Committee Favorably Reported
upper
Feb 17, 2022
Committee
Senate Read and Referred
upper
Feb 15, 2022
Lower · Passed
House Passed/Adopted
lower
Feb 10, 2022
Lower · Passed
House Committee Favorably Reported
lower
5 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bruce Williamson
RRepublican
P
Carolyn Hugley
DDemocratic
P
Eddie Lumsden
RRepublican
P
John Carson
RRepublican
P
Terry England
RRepublican
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