HOUSE DOCKET, NO. 2833        FILED ON: 1/16/2025

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

The Commonwealth of Massachusetts

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PRESENTED BY:

Todd M. Smola

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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 annuity benefit insurance.

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PETITION OF:

HOUSE DOCKET, NO. 2833        FILED ON: 1/16/2025

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 1153 OF 2023-2024.]

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Fourth General Court
(2025-2026)

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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:
 

SECTION 1. Clause (iii) of paragraph (b) of subsection (3) of section 146B of chapter 175 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out the words “one hundred thousand dollars,” in line 160, and inserting in place thereof the following words:-

"five hundred thousand dollars."

SECTION 2. Said clause (iii) of said paragraph (b) of said subsection (3) of said section 146B of said chapter 175 of the General Laws is hereby further amended by striking out the words “three hundred thousand dollars,” in lines 132 to 133, inclusive, and inserting in place thereof the following words:-

"five hundred thousand dollars."