HB 1379-1_ Filed 01/28/2008, 07:00 Cheatham


Text Box


    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that House Bill 1379 be amended to read as follows:

    Delete the title and insert the following:
    A BILL FOR AN ACT concerning insurance.
    Delete everything after the enacting clause and insert the following:

SOURCE: ; (08)MO137902.1. -->     SECTION 1. [EFFECTIVE UPON PASSAGE] (a) As used in this SECTION, "committee" refers to the interim study committee on viatical settlement contracts established by this SECTION.
    ( b) As used in this SECTION, "viatical settlement contract" has the meaning set forth in IC 27-8-19.8-6.
    (c) There is established the interim study committee on viatical settlement contracts. The committee shall study the regulation of viatical settlement contracts and activities related to viatical settlement contracts.
    (d) The committee consists of the following twelve (12) members:
        (1) Six (6) members appointed by the speaker of the house of representatives. Not more than three (3) members appointed under this subdivision may be members of the same political party. One (1) member appointed under this subdivision shall serve as the chairperson of the committee.
        (2) Six (6) members appointed by the president pro tempore of the senate. Not more than three (3) members appointed under this subdivision may be members of the same political party.
    (e) The committee shall operate under the policies governing

study committees adopted by the legislative council.
    (f) The affirmative votes of a majority of the voting members appointed to the committee are required for the committee to take action on any measure, including final reports.
    (g) The committee shall, not later than November 1, 2008, submit to the legislative council in an electronic format under IC 5-14-6 a final report regarding the committee's activities, including recommendations for legislation concerning regulation of viatical settlement contracts and activities related to viatical settlement contracts.
    (h) This SECTION expires December 31, 2008.

SOURCE: ; (08)MO137902.2. -->     SECTION 2. An emergency is declared for this act.
    (Reference is to HB 1379 as printed January 25, 2008.)

________________________________________

Representative Cheatham


MO137902/DI 97     2008