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HB2540Introduced in the House

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.

Passed

Introduced by Insurance

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

House Approved by Governor on Friday, March 20, 2026

March 23, 2026

How did lawmakers vote?

House votes

1 recorded vote · each counted separately

Senate votes

1 recorded vote · each counted separately

SenateStage: Senate Final Action - Passed - Yea: 39 Nay: 0 · March 13, 2026

39

Yes

0

No

1

Absent or Not Voting

40 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each senator voted

Bill history

  1. House Introduced

  2. House Referred to Committee on Insurance

  3. House Hearing: Monday, February 9, 2026, 3:30 PM Room 218-N

  4. House Committee Report recommending bill be passed and placed on Consent Calendar by Committee on Insurance

  5. House Final Action - Passed; Yea: 122 Nay: 0

  6. Senate Received and Introduced

  7. Senate Referred to Committee on Financial Institutions and Insurance

  8. Senate Hearing: Wednesday, February 25, 2026, 9:30 AM Room 546-S

  9. Senate Committee Report recommending bill be passed by Committee on Financial Institutions and Insurance

  10. Senate Committee of the Whole - Be passed

  11. Senate Final Action - Passed; Yea: 39 Nay: 0

  12. House Enrolled and presented to Governor on Tuesday, March 17, 2026

  13. House Approved by Governor on Friday, March 20, 2026

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