LCO No. 5471 1 of 2 General Assembly Committee Bill No. 5517 January Session, 2019 LCO No. 5471 Referred to Committee on INSURANCE AND REAL ESTATE Introduced by: (INS) AN ACT CONCERNING LI FE INSURANCE POLICIES AND CONTRACTS THAT INSUR E THE LIVES OF CONVICTED FELONS. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective October 1, 2019) No life insurance 1 company doing business in this state shall refuse to deliver or issue for 2 delivery a life insurance policy or contract solely on the basis that such 3 policy or contract insures, or will insure, the life of an individual who 4 has been convicted of a felony. 5 This act shall take effect as follows and shall amend the following sections: Section 1 October 1, 2019 New section Statement of Purpose: To prohibit life insurance companies doing business in this state from refusing to deliver or issue a life insurance policy or contract solely on the basis that such policy or contract insures, or will insure, the life of an individual who has been convicted of a felony. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] Committee Bill No. 5517 LCO No. 5471 2 of 2 Co-Sponsors: REP. MCGEE, 5th Dist.; REP. ELLIOTT, 88th Dist. H.B. 5517