Arkansas · 2025 Regular Session · Bill
SB 519: TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 519 is a bill introduced in the Arkansas Senate on March 19, 2025. According to its official title, it concerns: TO AMEND THE STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE; AND TO REGULATE THE PAYMENT OF INTEREST ON DEFERRED PAYMENT OF ANY CASH SURRENDER VALUE ACCORDING TO THE TERMS OF THE POLICY. Primary sponsor: Justin Boyd (Republican). Most recent recorded action (April 22, 2025): Notification that SB519 is now Act 958.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Justin Boyd | Primary sponsor | Republican | Senate | 27 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Notification that SB519 is now Act 958
- DELIVERED TO GOVERNOR.
- Reported correctly enrolled and ordered delivered to the Governor.
- ORDERED ENROLLED
- Read the third time and passed.
- Rules suspended.
- House Amendment No. 1 read first time, rule suspended, read second time and concurred in.
- Placed on second reading for purpose of amendment.
- Returned from the House as passed as amended # 1 .
- Returned to the Senate as passed.
- Read the third time and passed and ordered transmitted to the Senate.
- REPORTED CORRECTLY ENGROSSED
Showing 12 most recent of 22 actions. Full history