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Revises limits for net cash surrender and net cash withdrawal values for certain annuity policies and contracts from $100,000 to $250,000.

It became law on Jul 10, 2024.

NJ S 3371 · Senate Bill · 221

Stage: Became law
Started in: Senate
Sponsors: 3
Latest action: Jul 10, 2024

Where it stands

Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
Jul 10, 2024

This bill passed and is now law.

Read the full text

What moved

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Bob SingerLead sponsor
Nellie PouLead sponsor
Roy FreimanLead sponsor

In the news

Reporting that may mention this subject. Possible matches are labeled.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in New Jersey.

What an agency writes to carry it outAn agency's name on a lobbying report is not a rulemaking.
Which court can stay or strike itAn opinion listed here is not yet tied to the law it reviewed.
How the place it governs is doingBecoming law is not the result. A number moving is not proof the law moved it.

Work with this bill

Revises limits for net cash surrender and net cash withdrawal values for certain annuity policies and contracts from $100,000 to $250,000. | 52