1 of 1
HOUSE DOCKET, NO. 2833 FILED ON: 1/16/2025
HOUSE . . . . . . . . . . . . . . . No. 1328
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Todd M. Smola
_________________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to annuity benefit insurance.
_______________
PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Todd M. Smola1st Hampden1/16/2025 1 of 2
HOUSE DOCKET, NO. 2833 FILED ON: 1/16/2025
HOUSE . . . . . . . . . . . . . . . No. 1328
By Representative Smola of Warren, a petition (accompanied by bill, House, No. 1328) of Todd
M. Smola for legislation to increase maximum liabilities of annuity benefit insurance payable by
the Massachusetts Life and Health Insurance Guaranty Association. Financial Services.
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 1153 OF 2023-2024.]
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Fourth General Court
(2025-2026)
_______________
An Act relative to annuity benefit insurance.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1. Clause (iii) of paragraph (b) of subsection (3) of section 146B of chapter
2175 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by
3striking out the words “one hundred thousand dollars,” in line 160, and inserting in place thereof
4the following words:-
5 "five hundred thousand dollars."
6 SECTION 2. Said clause (iii) of said paragraph (b) of said subsection (3) of said section
7146B of said chapter 175 of the General Laws is hereby further amended by striking out the
8words “three hundred thousand dollars,” in lines 132 to 133, inclusive, and inserting in place
9thereof the following words:- 2 of 2
10 "five hundred thousand dollars."