| Measure |
|
| Authors |
Committee on Insurance
|
| Subject |
Annuity minimum nonforfeiture amount. |
| Relating To |
relating to insurance. |
| Title |
An act to amend Section 10168.25 of the Insurance Code, relating to insurance. |
| Last Action Dt |
2026-02-19 |
| State |
Introduced |
| Status |
Pending Referral |
| Flags |
| Vote Req |
Approp |
Fiscal Cmte |
Local Prog |
Subs Chgs |
Urgency |
Tax Levy |
Active? |
| Majority |
No |
No |
No |
None |
No |
No |
Y
|
i |
|
Leginfo Link
|
|
| Bill Actions |
| 2026-02-20 |
|
From printer. May be acted upon on or after March 22. |
| 2026-02-19 |
|
Introduced. Read first time. To Com. on RLS. for assignment. To print. |
|
| Versions |
|
| Analyses |
TBD |
| Latest Text |
Bill Full Text |
| Latest Text Digest |
Existing law generally regulates insurance in the state, including annuity contracts. Existing law establishes formulas for the minimum nonforfeiture amount for specified annuity contracts and the interest rate used to determine that minimum nonforfeiture amount.
|