---
type: "Bill"
title: "TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY."
description: "TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2025"
identifier: "SB 519"
citation: "Arkansas SB 519 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["J. Boyd"]
version_count: 3
action_count: 22
vote_count: 0
first_action: "2025-03-19T18:49:53+00:00"
last_action: "2025-04-22T21:45:53+00:00"
source: "openstates"
source_identifier: "ocd-bill/2b332453-76ff-492d-a51a-5919a85c1c77"
source_url: "https://www.arkleg.state.ar.us/Bills/FTPDocument/?path=%2fSessionInformation%2LegislativeMeasures.txt"
source_hash: "7b71fdc040b560ceaa3c0dfe939ddc83a35123107687e59168a54b146128c6be"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ar"]
---

# Arkansas SB 519 (2025) — TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Act 958** (committee substitute) — [source](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=958.pdf&ddBienniumSession=2025%2F2025R)
2. **Amendment H1** (committee substitute) — [source](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FAMEND%2F2025R%2FPublic%2FSB519-H1.pdf)
3. **SB 519** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2025/2025R/Bills/SB519.pdf)

## Sponsors

- J. Boyd — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-03-19T18:49:53+00:00** Filed `introduction`
- **2025-03-20T00:22:53+00:00** Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE `reading-1, referral-committee`
- **2025-04-01T19:10:45+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable`
- **2025-04-02T20:43:33+00:00** Read the third time and passed. `passage, reading-3`
- **2025-04-02T20:43:39+00:00** Ordered immediately transmitted to the House.
- **2025-04-02T23:31:08+00:00** RECEIVED FROM THE SENATE
- **2025-04-03T00:46:20+00:00** Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE `reading-1, reading-2, referral-committee`
- **2025-04-09T19:27:22+00:00** Returned by the Committee with the recommendation that it do pass as amended 1 `committee-passage`
- **2025-04-10T18:47:53+00:00** Placed on second reading for the purpose of amendment.
- **2025-04-10T18:47:56+00:00** Amendment No. 1 read and adopted and the bill ordered engrossed. `amendment-introduction, amendment-passage`
- **2025-04-10T18:58:51+00:00** REPORTED CORRECTLY ENGROSSED
- **2025-04-14T23:48:05+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2025-04-14T23:48:13+00:00** Returned to the Senate as passed.
- **2025-04-15T01:14:49+00:00** Returned from the House as passed as amended # 1 .
- **2025-04-15T18:32:16+00:00** Placed on second reading for purpose of amendment.
- **2025-04-15T18:32:23+00:00** House Amendment No. 1 read first time, rule suspended, read second time and concurred in.
- **2025-04-15T18:32:27+00:00** Rules suspended.
- **2025-04-15T18:32:35+00:00** Read the third time and passed. `passage, reading-3`
- **2025-04-15T18:32:39+00:00** ORDERED ENROLLED
- **2025-04-16T12:39:28+00:00** Reported correctly enrolled and ordered delivered to the Governor.
- **2025-04-16T12:39:33+00:00** DELIVERED TO GOVERNOR. `executive-receipt`
- **2025-04-22T21:45:53+00:00** Notification that SB519 is now Act 958 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2b332453-76ff-492d-a51a-5919a85c1c77`. Confidence: reported (aggregated from official Arkansas legislature records).