Text: S03447 Text: S03449 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 247, as amended, passed, and 1 2 reprinted by the House, as follows: 1 3 #1. Page 1, by inserting after line 5 the 1 4 following: 1 5 "Sec. . NEW SECTION. 505.22 CERTAIN RELIGIOUS 1 6 ORGANIZATION ACTIVITIES EXEMPT FROM REGULATION. 1 7 A religious organization which, through its 1 8 publication to subscribers, solicits funds for the 1 9 payment of medical expenses of other subscribers, 1 10 shall not be considered to be engaging in the business 1 11 of insurance for purposes of this chapter or any other 1 12 provision of Title XIII, and shall not be subject to 1 13 the jurisdiction of the commissioner of insurance, if 1 14 all of the following apply: 1 15 1. The religious publication is provided by a 1 16 nonprofit charitable organization described in section 1 17 501(c)(3) of the Internal Revenue Code. 1 18 2. Participation is limited to subscribers who are 1 19 members of the same denomination or religion. 1 20 3. The publication is registered with the United 1 21 States postal service and acts as an organizational 1 22 clearinghouse for information between subscribers who 1 23 have financial, physical, or medical needs, and 1 24 subscribers who choose to assist with those needs, 1 25 matching subscribers with the present ability to pay 1 26 with subscribers with a present financial or medical 1 27 need. 1 28 4. The organization, through its publication, 1 29 provides for the payment for subscriber financial or 1 30 medical needs through direct payments from one 1 31 subscriber to another. 1 32 5. The organization, through its publication, 1 33 suggests amounts to contribute that are voluntary 1 34 among the subscribers, with no assumption of risk or 1 35 promise to pay either among the subscribers or between 1 36 the subscribers and the publication." 1 37 #2. Renumber as necessary. 1 38 1 39 1 40 1 41 BRAD BANKS 1 42 1 43 1 44 1 45 BERL E. PRIEBE 1 46 1 47 1 48 1 49 MERLIN E. BARTZ 1 50 HF 247.303 76 2 1 mj/cf
Text: S03447 Text: S03449 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
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