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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Annuities: cash surrender benefits. Existing law governs annuities and, for those insurance contracts that provide cash surrender benefits, prescribes the cash surrender benefit available prior to maturity. Existing law also requires the death benefit under these contracts to be at least equal to the cash surrender benefit. us/states/ca California Legislature 20152016 SB 426 California SB 426 (20152016)
bill
Annuities: cash surrender benefits.
enacted
Leyva
6 18 5 2015-02-25 2015-07-15 openstates ocd-bill/1d84ac00-c9f2-48d9-81a1-051d9581e13e http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB426 72cf52c57fb030d462a3bc15216243b6cd09cd1e539ad13db6edfcbfa08153b5 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California SB 426 (20152016) — Annuities: cash surrender benefits.

Existing law governs annuities and, for those insurance contracts that provide cash surrender benefits, prescribes the cash surrender benefit available prior to maturity. Existing law also requires the death benefit under these contracts to be at least equal to the cash surrender benefit.

Version chain

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

  1. 02/25/15 - Introduced (filed) — source
  2. 04/14/15 - Amended Senate (committee substitute) — source
  3. 06/16/15 - Amended Assembly (committee substitute) — source
  4. 07/15/15 - Chaptered (committee substitute) — source
  5. SB426 (committee substitute) — source
  6. 07/07/15 - Enrolled (enrolled) — source

Votes

  • Do pass as amended — 70 (pass) · upper
  • 3rd Reading — 360 (pass) · upper
  • Unfinished Business SB426 Leyva Concurrence — 370 (pass) · upper
  • SB 426 Leyva Consent Calendar Second Day — 780 (pass) · lower
  • Do pass. To Consent Calendar. — 130 (pass) · lower

Sponsors

  • Leyva — primary (person)

Timeline

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

  • 2015-02-25 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
  • 2015-02-26 From printer. May be acted upon on or after March 28.
  • 2015-03-05 Referred to Com. on INS. referral-committee
  • 2015-03-20 Set for hearing April 8.
  • 2015-04-13 From committee: Do pass as amended. (Ayes 7. Noes 0. Page 524.) (April 8). committee-passage-favorable, committee-passage, amendment-passage
  • 2015-04-14 Read second time and amended. Ordered to third reading. amendment-passage, reading-2, reading-1
  • 2015-04-27 Read third time. Passed. (Ayes 36. Noes 0. Page 772.) Ordered to the Assembly. reading-3, passage, reading-1
  • 2015-04-27 In Assembly. Read first time. Held at Desk. reading-1
  • 2015-05-14 Referred to Com. on INS. referral-committee
  • 2015-06-16 From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS. referral-committee, reading-2, amendment-passage, committee-passage, reading-1
  • 2015-06-24 From committee: Do pass. Ordered to consent calendar. (Ayes 13. Noes 0.) (June 24). committee-passage-favorable, committee-passage
  • 2015-06-25 Read second time. Ordered to consent calendar. reading-2, reading-1
  • 2015-07-02 Read third time. Passed. (Ayes 78. Noes 0. Page 2232.) Ordered to the Senate. reading-3, passage, reading-1
  • 2015-07-02 In Senate. Concurrence in Assembly amendments pending.
  • 2015-07-06 Assembly amendments concurred in. (Ayes 37. Noes 0. Page 1782.) Ordered to engrossing and enrolling. committee-passage-favorable, amendment-passage
  • 2015-07-08 Enrolled and presented to the Governor at 4:30 p.m.
  • 2015-07-15 Approved by the Governor. executive-signature
  • 2015-07-15 Chaptered by Secretary of State. Chapter 100, Statutes of 2015.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/1d84ac00-c9f2-48d9-81a1-051d9581e13e. Confidence: reported (aggregated from official California legislature records).