---
type: "Bill"
title: "Relating to disclosures and standards required for certain annuity transactions and benefits under certain annuity contracts."
description: "Relating to disclosures and standards required for certain annuity transactions and benefits under certain annuity contracts."
jurisdiction: "us/states/tx"
legislature: "Texas Legislature"
session: "87"
identifier: "HB 1777"
citation: "Texas HB 1777 (87)"
classification: ["bill"]
subjects: ["Consumer Protection (I0080)", "INSURANCE", "COMMISSIONER OF (V0396)", "INSURANCE", "TEXAS DEPARTMENT OF (V0006)", "Insurance--Insurers & Agents (I0425)", "Insurance--Life & Annuities (I0423)", "STAFF DEVELOPMENT & TRAINING (S0317)"]
status: "enacted"
primary_sponsors: ["Hancock", "Oliverson"]
version_count: 5
action_count: 48
vote_count: 1
first_action: "2021-02-10"
last_action: "2021-06-04"
source: "openstates"
source_identifier: "ocd-bill/c149efd3-c0c1-4e90-8631-7ed81a5b4144"
source_url: "ftp://ftp.legis.state.tx.us/bills/87R/billhistory/house_bills/HB01700_HB01799/HB 1777.xml"
source_hash: "a1bdc88228977747c998abb94dee825b05251659969681acf639a686099f425f"
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-tx"]
---

# Texas HB 1777 (87) — Relating to disclosures and standards required for certain annuity transactions and benefits under certain annuity contracts.

## Version chain

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

1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/HB01777I.HTM)
2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/HB01777E.HTM)
3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/HB01777H.HTM)
4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/HB01777S.HTM)
5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/HB01777F.HTM)

## Votes

- passage — **144–1** (pass) · lower

## Sponsors

- Hancock — primary (person)
- Oliverson — primary (person)

## Timeline

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

- **2021-02-10** Filed `filing`
- **2021-03-10** Read first time `introduction, reading-1`
- **2021-03-10** Referred to Insurance `referral-committee`
- **2021-03-23** Considered in public hearing
- **2021-03-23** Testimony taken/registration(s) recorded in committee
- **2021-03-23** Left pending in committee
- **2021-03-30** Considered in public hearing
- **2021-03-30** Committee substitute considered in committee
- **2021-03-30** Reported favorably as substituted `committee-passage-favorable`
- **2021-04-08** Comte report filed with Committee Coordinator
- **2021-04-09** Committee report distributed
- **2021-04-09** Committee report sent to Calendars
- **2021-04-26** Considered in Calendars
- **2021-04-28** Placed on General State Calendar
- **2021-04-28** Read 2nd time `reading-2`
- **2021-04-28** Passed to engrossment
- **2021-04-29** Read 3rd time `reading-3`
- **2021-04-29** Passed `passage`
- **2021-04-29** Record vote
- **2021-04-29** Statement(s) of vote recorded in Journal
- **2021-04-29** Reported engrossed
- **2021-05-03** Received from the House `introduction`
- **2021-05-04** Read first time `introduction, reading-1`
- **2021-05-04** Referred to Business & Commerce `referral-committee`
- **2021-05-11** Scheduled for public hearing on . . .
- **2021-05-11** Considered in public hearing
- **2021-05-11** Left pending in committee
- **2021-05-13** Considered in public hearing
- **2021-05-13** Reported favorably w/o amendments `committee-passage-favorable`
- **2021-05-13** Recommended for local & uncontested calendar
- **2021-05-13** Committee report printed and distributed
- **2021-05-17** Placed on intent calendar
- **2021-05-19** Placed on local & uncontested calendar
- **2021-05-19** Laid before the Senate
- **2021-05-19** Read 2nd time & passed to 3rd reading
- **2021-05-19** Vote recorded in Journal
- **2021-05-19** Three day rule suspended
- **2021-05-19** Record vote
- **2021-05-19** Read 3rd time `reading-3`
- **2021-05-19** Passed `passage`
- **2021-05-19** Record vote
- **2021-05-19** Senate passage reported
- **2021-05-20** Reported enrolled
- **2021-05-23** Signed in the House
- **2021-05-24** Signed in the Senate
- **2021-05-24** Sent to the Governor `executive-receipt`
- **2021-06-04** Signed by the Governor `executive-signature`
- **2021-06-04** Effective on 9/1/21 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c149efd3-c0c1-4e90-8631-7ed81a5b4144`. Confidence: reported (aggregated from official Texas legislature records).