Bill Type
Congress Name
Long Title
AN ACT PROHIBITING INSURANCE CARRIERS FROM SELLING, DELIVERING, OR ISSUING CONTRACTS THAT CONTAIN DISCRETIONARY CLAUSE, PROVIDING PENALTIES FOR VIOLATIONS THEREOF, AND FOR OTHER PURPOSES
Short Title
DISCRETIONARY CLAUSE PROHIBITION ACT
Text as filed (link)
Date filed
June 7, 2010
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
5
Session Type
Subjects
All Information (Senate Website)
Legislative History (Senate Website)
Committee Report Senate Link
Committee Referral (Senate Website)
Committee Details
Primary Committee
Committee Report No.
381
Legislative History
Entitled: AN ACT PROHIBITING INSURANCE CARRIERS FROM SELLING, DELIVERING, OR ISSUING CONTRACTS THAT CONTAIN DISCRETIONARY CLAUSE, PROVIDING PENALTIES FOR VIOLATIONS THEREOF, AND FOR OTHER PURPOSES [ FIRST REGULAR SESSION, 15TH CONGRESS ] [ 2010 ] 7/6/2010 Introduced by Senator ANTONIO "SONNY" F. TRILLANES; 8/3/2010 Read on First Reading and Referred to the Committee on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES; [ SECOND REGULAR SESSION, 15TH CONGRESS ] [ 2012 ] 3/8/2012 Conducted JOINT COMMITTEE MEETINGS/HEARINGS; 5/18/2012 Conducted JOINT COMMITTEE MEETINGS/HEARINGS; 6/21/2012 Conducted TECHNICAL WORKING GROUP; [ THIRD REGULAR SESSION, 15TH CONGRESS ] 7/27/2012 Conducted TECHNICAL WORKING GROUP; 8/10/2012 Conducted TECHNICAL WORKING GROUP; 9/13/2012 Returned and submitted jointly by the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and JUSTICE AND HUMAN RIGHTS per Committee Report No. 381, recommending that it be substituted by SBN-3280; 9/17/2012 Committee Report Calendared for Ordinary Business; 9/17/2012 SUBSTITUTED BY SBN-3280 under Committee Report No. 381, WHICH BECAME REPUBLIC ACT NO. 10607, ON AUGUST 16, 2013.