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---
type: "Bill"
title: "Life insurance and annuities."
description: "Existing law governs the business of insurance and defines various types of insurance for these purposes, including life insurance, and disability insurance. Existing law generally makes the requirements imposed on disability insurance contracts inapplicable to life insurance, endowment, and annuity contracts, or supplemental contracts thereto, that provide additional benefits in case of death or dismemberment or loss of sight by accident, operate to safeguard contracts against lapse, or give a special surrender value, a special benefit, or an annuity, if the insured or annuitant becomes totally and permanently disabled."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20112012"
identifier: "SB 1449"
citation: "California SB 1449 (20112012)"
classification: ["bill"]
subjects: ["Life insurance and annuities."]
status: "enacted"
primary_sponsors: ["Calderon"]
version_count: 9
action_count: 32
vote_count: 6
first_action: "2012-02-24"
last_action: "2012-09-25"
source: "openstates"
source_identifier: "ocd-bill/804e5e31-5410-4281-8f39-fc248d81e368"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1449"
source_hash: "92b46df95021e59888b55041f827d4428c86d68599c896475bb43c4dbf542c90"
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-ca"]
---
# California SB 1449 (20112012) — Life insurance and annuities.
Existing law governs the business of insurance and defines various types of insurance for these purposes, including life insurance, and disability insurance. Existing law generally makes the requirements imposed on disability insurance contracts inapplicable to life insurance, endowment, and annuity contracts, or supplemental contracts thereto, that provide additional benefits in case of death or dismemberment or loss of sight by accident, operate to safeguard contracts against lapse, or give a special surrender value, a special benefit, or an annuity, if the insured or annuitant becomes totally and permanently disabled.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **02/24/12 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144999INT)
2. **03/29/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144998AMD)
3. **04/17/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144997AMD)
4. **06/21/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144996AMD)
5. **08/06/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144995AMD)
6. **08/20/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144994AMD)
7. **09/25/12 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144992CHP)
8. **SB1449** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1449)
9. **08/31/12 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1449&version=20110SB144993ENR)
## Votes
- Do pass, but re-refer to the Committee on Judiciary. — **80** (pass) · upper
- Do pass and re-refer to Committee on Appropriations with recommendation: To Consent Calendar. — **120** (pass) · lower
- Unfinished Business SB1449 Calderon Concurrence — **330** (pass) · upper
- Do pass as amended. — **170** (pass) · lower
- SB 1449 Calderon Senate Third Reading By PEREA — **790** (pass) · lower
- 3rd Reading — **370** (pass) · upper
## Sponsors
- Calderon — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2012-02-24** Introduced. To Com. on RLS. for assignment. To print. `introduction`
- **2012-02-25** From printer. May be acted upon on or after March 26.
- **2012-02-27** Read first time. `reading-1`
- **2012-03-22** Referred to Coms. on INS. and JUD. `referral-committee`
- **2012-03-23** Set for hearing April 11.
- **2012-03-29** From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-04-04** Set, first hearing. Hearing canceled at the request of author.
- **2012-04-05** Set for hearing April 25.
- **2012-04-17** From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-04-26** From committee: Do pass and re-refer to Com. on JUD. (Ayes 8. Noes 0. Page 3308.) (April 25). Re-referred to Com. on JUD. `referral-committee, committee-passage, committee-passage-favorable`
- **2012-04-30** Withdrawn from committee.
- **2012-04-30** Ordered to second reading.
- **2012-05-01** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-05-09** Ordered to special consent calendar.
- **2012-05-14** From special consent calendar.
- **2012-05-14** Ordered to third reading.
- **2012-05-30** Read third time. Passed. (Ayes 37. Noes 0. Page 3714.) Ordered to the Assembly. `reading-3, reading-1, passage`
- **2012-05-30** In Assembly. Read first time. Held at Desk. `reading-1`
- **2012-06-15** Referred to Com. on INS. `referral-committee`
- **2012-06-21** From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-06-27** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 12. Noes 0.) (June 27). Re-referred to Com. on APPR. `referral-committee, committee-passage, committee-passage-favorable`
- **2012-08-06** From committee with author's amendments. Read second time and amended. Re-referred to Com. on APPR. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-08-08** Set, first hearing. Referred to APPR. suspense file. `referral-committee`
- **2012-08-16** From committee: Do pass as amended. (Ayes 17. Noes 0.) (August 16). `amendment-passage, committee-passage, committee-passage-favorable`
- **2012-08-20** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2012-08-21** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-08-27** Read third time. Passed. (Ayes 79. Noes 0. Page 6351.) Ordered to the Senate. `reading-3, reading-1, passage`
- **2012-08-28** In Senate. Concurrence in Assembly amendments pending.
- **2012-08-29** Assembly amendments concurred in. (Ayes 33. Noes 0. Page 4967.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2012-09-06** Enrolled and presented to the Governor at 4 p.m.
- **2012-09-25** Approved by the Governor. `executive-signature`
- **2012-09-25** Chaptered by Secretary of State. Chapter 567, Statutes of 2012.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/804e5e31-5410-4281-8f39-fc248d81e368`. Confidence: reported (aggregated from official California legislature records).