Fabio
6.0 KiB
6.0 KiB
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 | ||||||
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| 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. Existing law requires, with exceptions, that no contract of annuity be delivered or issued for delivery in this state unless it contains, in substance, specified provisions, or corresponding provisions that in the opinion of the commissioner are at least as favorable to the contractholder, upon cessation of payment of considerations under the contract. | us/states/ca | California Legislature | 20172018 | AB 1398 | California AB 1398 (20172018) |
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6 | 19 | 5 | 2017-02-17 | 2017-09-11 | openstates | ocd-bill/4aecdb0b-932c-4311-a495-dcb70dd9271b | http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB1398 | d4654d6e1d4c5521b972f248861662a26834ded205736457e0d7cc28def27cfa | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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California AB 1398 (20172018) — 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. Existing law requires, with exceptions, that no contract of annuity be delivered or issued for delivery in this state unless it contains, in substance, specified provisions, or corresponding provisions that in the opinion of the commissioner are at least as favorable to the contractholder, upon cessation of payment of considerations under the contract.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- 02/17/17 - Introduced (filed) — source
- 05/01/17 - Amended Assembly (committee substitute) — source
- 06/20/17 - Amended Senate (committee substitute) — source
- 09/11/17 - Chaptered (committee substitute) — source
- AB1398 (committee substitute) — source
- 08/29/17 - Enrolled (enrolled) — source
Votes
- AB 1398 KALRA Assembly Third Reading — 77–0 (pass) · lower
- Consent Calendar 2nd — 38–0 (pass) · upper
- Do pass. — 13–0 (pass) · lower
- AB 1398 KALRA Concurrence in Senate Amendments — 73–0 (pass) · lower
- Do pass and be ordered to the Consent Calendar — 10–0 (pass) · upper
Sponsors
- Kalra — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2017-02-17 Read first time. To print.
reading-1 - 2017-02-19 From printer. May be heard in committee March 21.
- 2017-03-13 Referred to Com. on INS.
referral-committee - 2017-05-01 From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.
amendment-introduction, amendment-passage, reading-2, reading-1 - 2017-05-02 Re-referred to Com. on INS.
referral-committee - 2017-05-03 From committee: Do pass. (Ayes 13. Noes 0.) (May 3).
committee-passage-favorable, committee-passage - 2017-05-04 Read second time. Ordered to third reading.
reading-2, reading-1 - 2017-05-30 Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1787.)
reading-3, passage, reading-1 - 2017-05-30 In Senate. Read first time. To Com. on RLS. for assignment.
reading-1 - 2017-06-08 Referred to Com. on I., B. & F.I.
referral-committee - 2017-06-20 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on I., B. & F.I.
amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction - 2017-07-13 From committee: Do pass. To Consent Calendar. (Ayes 10. Noes 0.) (July 12).
committee-passage-favorable, committee-passage - 2017-07-17 Read second time. Ordered to Consent Calendar.
reading-2, reading-1 - 2017-07-20 Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 2128.).
reading-3, passage, reading-1 - 2017-07-20 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 18 pursuant to Assembly Rule 77.
- 2017-08-28 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 0. Page 2789.).
committee-passage-favorable, amendment-passage - 2017-08-30 Enrolled and presented to the Governor at 3:30 p.m.
- 2017-09-11 Approved by the Governor.
executive-signature - 2017-09-11 Chaptered by Secretary of State - Chapter 228, Statutes of 2017.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4aecdb0b-932c-4311-a495-dcb70dd9271b. Confidence: reported (aggregated from official California legislature records).