Life Insurance Employee Notification Act

Fact Sheet API

Bill Number

HR 4551

Introduced

Apr 23, 2002

Latest Action

Referred to the Subcommittee on Employer-Employee Relations.

Sponsor

Cosponsors

Topics

Business insurance Commerce Employee rights Finance and Financial Sector Government Operations and Politics Government paperwork Insurance companies Labor and Employment Life insurance Restrictive trade practices

Full Text

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Votes

Summary

Life Insurance Employee Notification Act - Requires an employer to notify an employee in writing upon the purchase of an employer-owned insurance policy on the life of such employee for a beneficiary other than the individual who is the subject of the policy.

Declares that violation of this Act constitutes an unfair method of competition and an unfair or deceptive act or practice under the Federal Trade Commission Act.

Actions

Jul 10, 2002

Referred to the Subcommittee on Employer-Employee Relations.
May 6, 2002

Referred to the Subcommittee on Commerce, Trade and Consumer Protection, for a period to be subsequently determined by the Chairman.
Apr 23, 2002

Referred to the Committee on Education and the Workforce, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 23, 2002

Sponsor introductory remarks on measure. (CR E604-605)
Apr 23, 2002

Introduced in House

Amendments

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