HB 1379-1_ Filed 02/15/2008, 14:34

COMMITTEE REPORT




MADAM PRESIDENT:

    The Senate Committee on Insurance and Financial Institutions, to which was referred House Bill No. 1379, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 7, line 38; (08)AM137902.7. -->     Page 7, line 38, delete "IC 27-8-19.8 concerning viatical settlements." and insert " IC 27-8-19.8-20.1 concerning stranger originated life insurance.".
    Page 8, delete lines 7 through 42.
    Delete pages 9 through 15.
    Page 16, delete line 1.
    Page 16, delete lines 22 through 42.
    Delete page 17.
    Page 18, delete lines 1 through 29.
    Page 18, line 34, delete "for the purpose of or with an emphasis on making" and insert " in connection with stranger originated life insurance.".
    Page 18, delete lines 35 through 38.
    Page 18, line 39, delete "(c)" and insert " (b)".
    Page 18, line 39, delete "chapter" and insert " section".

    Page 18, delete lines 41 through 42.
    Delete pages 19 through 22.
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1379 as reprinted January 29, 2008.)

and when so amended that said bill do pass .

Committee Vote: Yeas 6, Nays 4.

____________________________________

Senator Paul, Chairperson


AM 137902/DI 110    2008