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HB 2540 Approved by Governor on Friday, March 20, 2026

Exempting contingent deferred annuities from certain requirements of the standard nonforfeiture law for individual deferred annuities act and authorizing the commissioner of insurance to establish nonforfeiture benefits for such contingent deferred annuities through rules and regulations.

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Legislative Timeline

11 actions
  1. Mar 23, 2026 lower
    Approved by Governor on Friday, March 20, 2026
  2. Mar 17, 2026 lower
    Enrolled and presented to Governor on Tuesday, March 17, 2026
  3. Mar 13, 2026 upper
    Final Action - Passed; Yea 39, Nay 0, Absent 1
  4. Mar 12, 2026 upper
    Committee of the Whole - Be passed
  5. Mar 9, 2026 upper
    Committee Report recommending bill be passed by Senate Committee on Financial Institutions and Insurance
  6. Feb 18, 2026 upper
    Referred to Senate Committee on Financial Institutions and Insurance
  7. Feb 17, 2026 lower
    Final Action - Passed; Yea 122, Nay 0, Absent 3
  8. Feb 17, 2026 upper
    Received and Introduced
  9. Feb 11, 2026 lower
    Committee Report recommending bill be passed and placed on Consent Calendar by House Committee on Insurance
  10. Jan 26, 2026 lower
    Introduced
  11. Jan 26, 2026 lower
    Referred to House Committee on Insurance
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