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This bill has passed as Act 391.

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2025R: HB1488 ACT 391

TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REQUIRE AN INSURER TO PAY INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE UNDER CERTAIN POLICIES.

Latest action: Notification that HB1488 is now Act 391

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SponsorRole
lead
primary
WhenChamberAction
Feb 14, 2025, 10:03 a.m. CTHouseFiled
Feb 17, 2025, 5:19 p.m. CTHouseRead the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE
Mar 5, 2025, 4:01 p.m. CTHouseReturned by the Committee with the recommendation that it do pass as amended 1
Mar 6, 2025, 8:31 a.m. CTHousePlaced on second reading for the purpose of amendment.
Mar 6, 2025, 8:31 a.m. CTHouseAmendment No. 1 read and adopted and the bill ordered engrossed.
Mar 6, 2025, 1:57 p.m. CTHouseREPORTED CORRECTLY ENGROSSED
Mar 10, 2025, 2:00 p.m. CTHouseRead the third time and passed and ordered transmitted to the Senate. ·
Mar 10, 2025, 5:44 p.m. CTSenateReceived from the House.
Mar 10, 2025, 5:44 p.m. CTSenateRead first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE
Mar 13, 2025, 1:42 p.m. CTSenateReturned by the Committee with the recommendation that it Do Pass as amended, Amendment # 1
Mar 17, 2025, 1:56 p.m. CTSenatePlaced on second reading for purpose of amendment.
Mar 17, 2025, 1:56 p.m. CTSenateAmendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
Mar 17, 2025, 4:21 p.m. CTSenateREPORTED CORRECTLY ENGROSSED
Mar 18, 2025, 3:02 p.m. CTSenateRead the third time and passed. ·
Mar 18, 2025, 3:02 p.m. CTSenateReturned to the House as passed as amended # 1 .
Mar 18, 2025, 4:09 p.m. CTHouseReturned from Senate as passed, as amended # 1
Mar 19, 2025, 2:19 p.m. CTHouseSenate amendment # 1 read and concurred in. ·
Mar 19, 2025, 2:19 p.m. CTHouseTO BE ENROLLED
Mar 19, 2025, 2:19 p.m. CTHouseCorrectly enrolled and ordered transmitted to the Governor's Office.
Mar 25, 2025, 8:24 a.m. CTHouseNotification that HB1488 is now Act 391

Meetings

WhenMeetingVideo
Mar 5, 2025, 10:00 a.m. CT House Insurance and Commerce Committee · Committee Room 149 Video Add to Google Calendar Add to Apple Calendar
Mar 10, 2025, 1:30 p.m. CT House Meeting · House Video Add to Google Calendar Add to Apple Calendar
Mar 13, 2025, 10:00 a.m. CT Senate Insurance - Commerce · Senate Room 171 Video Add to Google Calendar Add to Apple Calendar
Mar 17, 2025, 1:30 p.m. CT Senate Floor Session · Senate Chamber Video Add to Google Calendar Add to Apple Calendar
Mar 18, 2025, 1:30 p.m. CT Senate Floor Session · Senate Chamber Video Add to Google Calendar Add to Apple Calendar
Mar 19, 2025, 1:30 p.m. CT House Meeting · House Video Add to Google Calendar Add to Apple Calendar

Filed amendments on record: H1 (House) by Wardlaw, filed Mar 5, 2025, 1:00 p.m. CT: Hall of the House of Representatives 95th General Assembly - Regular Session, 2025 Amendment Form ______________________________________________________________________ Subtitle of House Bill 1488 TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REQUIRE AN INSUR; S1 (Senate) by Irvin, filed Mar 13, 2025, 12:25 p.m. CT: ARKANSAS SENATE 95th General Assembly - Regular Session, 2025 Amendment Form ______________________________________________________________________ Subtitle of House Bill 1488 TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REQUIRE AN INSURER TO PAY INTEREST ON.

NumberChamberSponsorIntroduced
H1 HouseWardlawMar 5, 2025, 1:00 p.m. CT
S1 SenateIrvinMar 13, 2025, 12:25 p.m. CT

Committee actions

  • Do Pass as amended · Senate · Mar 13, 2025, 1:42 p.m. CT
    Returned by the Committee with the recommendation that it Do Pass as amended, Amendment # 1
  • Do Pass as amended · House · Mar 5, 2025, 4:01 p.m. CT
    Returned by the Committee with the recommendation that it do pass as amended 1

Floor roll calls

House · RCS 648

Wednesday, March 19, 2025 2:19:30 PM · arkleg

81Yea
13Nay
6Not voting
0Present
0Excused

Not voting (6)

Senate · RCS 610

Tuesday, March 18, 2025 3:02:06 PM · arkleg

33Yea
0Nay
0Not voting
1Present
1Excused

Present (1)

Excused (1)

House · RCS 471

Monday, March 10, 2025 2:00:05 PM · arkleg

100Yea
0Nay
0Not voting
0Present
0Excused

Yea (100)

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Last checked Nov 12, 2026, 9:36 p.m. CT.

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