Bill
Bill > A4457
NJ A4457
Revises limits for net cash surrender and net cash withdrawal values for certain annuity policies and contracts from $100,000 to $250,000.
summary
Introduced
06/03/2024
06/03/2024
In Committee
06/24/2024
06/24/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
Revises limits for net cash surrender and net cash withdrawal values for certain annuity policies and contracts from $100,000 to $250,000.
AI Summary
This bill revises the limits for net cash surrender and net cash withdrawal values for certain annuity policies and contracts from $100,000 to $250,000. The bill specifies that the new limits apply immediately, rather than after a 90-day period following enactment.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Substituted by S3371 (1R) (on 06/28/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A4457 |
| BillText | https://pub.njleg.gov/Bills/2024/A4500/4457_R1.HTM |
| Analysis - Statement ASL 6/24/24 | https://pub.njleg.gov/Bills/2024/A4500/4457_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/A4500/4457_I1.HTM |
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