Fabio
69 lines
4.1 KiB
Markdown
69 lines
4.1 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO VIATICAL AND LIFE SETTLEMENTS."
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description: "On June 30, 2016, the Delaware State Senate adopted Senate Resolution No. 19 (“S.R. 19”), requesting the Delaware Department of Insurance (the “Department”) to examine the secondary market for life insurance policies and make recommendations for possible legislation. In response to S.R. 19, the Department issued a report in December 2016 recommending the adoption of the Model Viatical Settlements Act adopted by the National Association of Insurance Commissioners (“NAIC”). This bill significantly modifies 18 Del. C. Chapter 75, the Delaware Viatical Settlements Act by adopting the NAIC Model. This bill establishes strong consumer protections while protecting policyholder rights. Key provisions include:"
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jurisdiction: "us/states/de"
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legislature: "Delaware General Assembly"
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session: "149"
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identifier: "SB 66"
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citation: "Delaware SB 66 (149)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Brian J. Bushweller", "Bryon H. Short"]
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version_count: 1
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action_count: 8
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vote_count: 3
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first_action: "2017-04-25"
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last_action: "2017-09-14"
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source: "openstates"
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source_identifier: "ocd-bill/4705c35b-836f-473c-a367-4b29c540a2a8"
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source_url: "https://legis.delaware.gov/BillDetail?LegislationId=25656"
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source_hash: "23718ce2cc70e15b9cb4a4833645ca32e6fcc3275c81499601fc335994f8f920"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-de"]
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---
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# Delaware SB 66 (149) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO VIATICAL AND LIFE SETTLEMENTS.
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On June 30, 2016, the Delaware State Senate adopted Senate Resolution No. 19 (“S.R. 19”), requesting the Delaware Department of Insurance (the “Department”) to examine the secondary market for life insurance policies and make recommendations for possible legislation. In response to S.R. 19, the Department issued a report in December 2016 recommending the adoption of the Model Viatical Settlements Act adopted by the National Association of Insurance Commissioners (“NAIC”). This bill significantly modifies 18 Del. C. Chapter 75, the Delaware Viatical Settlements Act by adopting the NAIC Model. This bill establishes strong consumer protections while protecting policyholder rights. Key provisions include:
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Bill Text** (committee substitute) — [source](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=25656&legislationTypeId=1&docTypeId=2&legislationName=SB66)
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## Votes
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- 3/5 — **20–0** (pass) · upper
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- 3/5 — **20–0** (pass) · upper
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- SM — **41–0** (pass) · lower
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## Sponsors
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- Brian J. Bushweller — primary (person)
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- Bryon H. Short — primary (person)
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- Bruce C. Ennis — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2017-04-25** Introduced and Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
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- **2017-05-17** Reported Out of Committee (Banking, Business & Insurance) in Senate with 1 Favorable, 3 On Its Merits `committee-passage-favorable, committee-passage`
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- **2017-05-18** Passed By Senate. Votes: 20 YES 1 ABSENT `passage`
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- **2017-05-18** Passed By Senate. Votes: 20 YES 1 ABSENT `passage`
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- **2017-06-01** Assigned to Economic Development/Banking/Insurance/Commerce Committee in House `introduction, referral-committee`
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- **2017-06-21** Reported Out of Committee (Economic Development/Banking/Insurance/Commerce) in House with 10 On Its Merits `committee-passage`
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- **2017-07-02** Passed By House. Votes: 41 YES `passage`
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- **2017-09-14** Signed by Governor `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4705c35b-836f-473c-a367-4b29c540a2a8`. Confidence: reported (aggregated from official Delaware legislature records).
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