AN ACT TO AUTHORIZE THE PLACEMENT AND ISSUANCE OF SALARY PROTECTION INSURANCE UNDER THE SURPLUS LINES ACT. Summarized in Daily Bulletin 3/23/11. Enacted June 27, 2011. Effective October 1, 2011.
ALLOW SALARY PROTECTION INSURANCE.
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| View NCGA Bill Details | 2011-2012 Session |
TO AUTHORIZE THE PLACEMENT AND ISSUANCE OF SALARY PROTECTION INSURANCE UNDER THE SURPLUS LINES ACT.Intro. by Dockham.
Status: Ch. SL 2011-370 (House Action) (Jun 27 2011)
Bill History:
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Wed, 23 Mar 2011 House: Filed
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Thu, 24 Mar 2011 House: Passed 1st Reading
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Thu, 24 Mar 2011 House: Ref To Com On Insurance
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Tue, 10 May 2011 House: Reptd Fav
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Tue, 10 May 2011 House: Re-ref Com On Finance
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Wed, 18 May 2011 House: Reptd Fav
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Wed, 18 May 2011 House: Cal Pursuant Rule 36(b)
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Tue, 24 May 2011 House: Placed On Cal For 5/25/2011
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Wed, 25 May 2011 House: Passed 2nd & 3rd Reading
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Thu, 26 May 2011 Senate: Rec From House
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Thu, 26 May 2011 Senate: Passed 1st Reading
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Thu, 26 May 2011 Senate: Ref To Com On Insurance
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Mon, 13 Jun 2011 Senate: Reptd Fav
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Mon, 13 Jun 2011 Senate: Re-ref Com On Finance
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Wed, 15 Jun 2011 Senate: Reptd Fav
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Wed, 15 Jun 2011 Senate: Placed On Cal For 6/15/2011
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Wed, 15 Jun 2011 Senate: Withdrawn From Cal
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Wed, 15 Jun 2011 Senate: Placed On Cal For 6/16/2011
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Thu, 16 Jun 2011 Senate: Passed 2nd & 3rd Reading
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Fri, 17 Jun 2011 Ratified
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Mon, 20 Jun 2011 Pres. To Gov. 6/20/2011
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Mon, 27 Jun 2011 Signed By Gov. 6/27/2011
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Mon, 27 Jun 2011 Ch. SL 2011-370
H 453/S.L. 2011-370
Bill Summaries:
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Bill H 453 (2011-2012)Summary date: Jun 30 2011 - View Summary
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Bill H 453 (2011-2012)Summary date: Mar 23 2011 - View Summary
Enacts new GS 58-21-22 to provide that the amount of salary protection insurance plus the amount of any in-force disability income insurance, if applicable, will not exceed 75% of the individual's earned income, when salary protection insurance benefits are payable to an individual or the individual's beneficiary. Defines disability income insurance. Amends GS 58-21-10 to define salary protection insurance as insurance against financial loss caused by the cessation of earned income due to disability from sickness, ailment, or bodily injury. Makes a clarifying change. Effective October 1, 2011.
View: All Summaries for Bill