2021 Senate Bill 712

Revise fraternal benefit society liquidation

Introduced in the Senate

Oct. 28, 2021

Introduced by Sen. Michael MacDonald (R-10)

To revise the procedure prescribed in law for the liquidation, transfer or reorganization of fraternal benefit societies that provide annuity-like payments to beneficiaries.

Referred to the Committee on Insurance and Banking

May 26, 2022

Reported without amendment

With the recommendation that the bill pass.

June 30, 2022

Passed in the Senate 38 to 0 (details)

Received in the House

June 30, 2022

Referred to the Committee on Rules and Competitveness