S-5012

   Amend Senate File 2131 as follows:
   1.  Page 1, line 13, by striking <“a”> and inserting <“b”>
   2.  Page 22, after line 9 by inserting: 
   <Sec. ___.  Section 508.37, subsection 6, paragraph h, Code 2014, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (8)  For policies issued on or after the operative date of the valuation manual, the valuation manual shall provide the Commissioners Standard Mortality Table for use in determining the minimum nonforfeiture standard that may be substituted for the Commissioners 1961 Standard Industrial Mortality Table or the Commissioners 1961 Industrial Extended Term Insurance Table. If the commissioner approves by regulation any Commissioners Standard Industrial Mortality Table adopted by the national association of insurance commissioners for use in determining the minimum nonforfeiture standard for policies issued on or after the operative date of the valuation manual, then that minimum nonforfeiture standard supersedes the minimum nonforfeiture standard provided by the valuation manual.>
   3.  Page 22, line 19, after <percent> by inserting <, provided, however, that the nonforfeiture interest rate shall not be less than four percent>
   4.  By renumbering as necessary.

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MATT McCOY