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S05315 Summary:
| BILL NO | S05315 |
| SAME AS | No Same As |
| SPONSOR | BAILEY |
| COSPNSR | |
| MLTSPNSR | |
| Amd §4223, Ins L | |
| Reduces the minimum nonforfeiture interest rate for annuities from one percent to one half of one percent for annuities during the surrender charge period, and from one percent to fifteen hundredths of one percent during any contract period with no surrender charge. | |