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- S.1389
S.1389: Fixed Indexed Annuities and Insurance Products Classification Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced June 25, 2009
- Latest Major Action June 25, 2009
Bill Sponsor
Bill Cosponsors
15 (6 Democrats, 10 Republicans)
Bill Summary
Fixed Indexed Annuities and Insurance Products Classification Act of 2009 - Amends the Securities Act of 1933 to include within the class of securities exempt from its coverage any insurance or endowment policy or annuity contract or optional annuity contract: (1) whose value does not vary according to the performance of a separate account; and (2) which satisfies standard nonforfeiture laws or similar requirements of the applicable state,...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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June 25, 2009 |
Introduced in the Senate by Ben Nelson (D-Neb.) |