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CA AB310
Bill
Status
Failed
2/1/2016
Primary Sponsor
Devon Mathis
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AI Summary
- Adds Section 10234.71 to the Insurance Code, effective only until January 1, 2021
- Requires the Insurance Commissioner to commission annual studies comparing California's long-term care insurance statutory requirements with those in the Interstate Insurance Product Regulation Compact
- Mandates the Commissioner provide reports to the Legislature on or before January 1, 2017, and each January 1 thereafter until January 1, 2021, comparing marketability and affordability of long-term care products in California versus New York, Texas, and Florida
- Section 10234.71 automatically repeals on January 1, 2021, unless extended by later legislation enacted before that date
Legislative Description
Long-term care insurance.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2016
Committee Referrals
Insurance3/26/2015
Full Bill Text
No bill text available