HOUSE DOCKET, NO. 197        FILED ON: 1/12/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 821

The Commonwealth of Massachusetts

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PRESENTED BY:

Edward F. Coppinger

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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 continuing education of insurance producers.

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PETITION OF:

HOUSE DOCKET, NO. 197        FILED ON: 1/12/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 821

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 870 OF 2013-2014.]

The Commonwealth of Massachusetts

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In the One Hundred and Eighty-Ninth General Court
(2015-2016)

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An Act relative to continuing education of insurance producers.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Section 177E of chapter 175 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by inserting after subsection E the following subsection:-

The active annual membership by an individual insurance producer in The National Association of Financial Advisors-Massachusetts may be approved for up to three hours per year of continuing insurance education: Provided, that not more than nine hours of continuing insurance education may be awarded to an individual insurance producer for membership in the organization during a thirty-six month reporting period. Credit for continuing insurance education pursuant to this subdivision may only be awarded to individual insurance producers who are required to complete at least 45 hours of continuing education per 36 month reporting periods.