SB599 HFA Rowe 3-9

 

            Delegate Rowe moves to amend C.S. for SB599 on page 2, section 2, line 30 following the words “is based” by striking the colon, and the words “Provided, That the”, inserting a period, and the following:

            “To determine if insurance proceeds are unclaimed, an insurer for its life policies, contracts and accounts shall perform a comparison against the master death file maintained by the United State Social Security Administration within twelve months of the effective date of this section for the period of January one, one thousand one hundred eighty-six to present.  After the initial comparison, such comparisons shall be made at least annually.   The”