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State Bills Introduced
Week Ending February 8, 2008
Viaticals
Vermont HB 819 amends the Viatical Settlements Act to include changes made to the
NAIC Viatical Settlements Model Act that includes prohibiting the sale of the viatical
policy for five years. The bill does contain savings clause language which does not
preempt, supersede, or limit any provision of any state securities law or rule.
Uniform Securities Act
Alabama SB 180 continues the Sunset Law Review of the Uniform Securities Act until
October 1, 2102.
Financial Literacy
Iowa SB 2079 adds a personal finance literacy requirement to the education programs
school districts and accredited nonpublic schools must offer to students in grades nine
through twelve.
Iowa HB 2146 adds personal finance skills and literacy requirements to the education
programs school districts and accredited nonpublic schools must offer.
Maryland SB 714 requires the State Board of Education to develop curriculum content
for a semester-long course in financial literacy. The bill would require each county board
of education to implement the curriculum content in every high school in the county and
require students to complete a course in financial literacy in order to graduate.
New Mexico HB 622 makes appropriations to the public education department to
promote financial literacy education and develop a curriculum for use in New Mexico's
schools.
Tennessee SB 3923 requires students to pass a course in personal finance to receive a
high school diploma.
Tennessee HB 3982 requires students to pass a course in personal finance to receive a
high school diploma.
Credit Freeze
Mississippi HB 574 removes the requirement that a consumer must provide to a
consumer reporting agency a law enforcement report regarding the unlawful use of the
consumer's personal information before the consumer may have a security freeze placed
on his or her consumer file.
Missouri HB 1964 establishes procedures for a person to place a security freeze on his/
her consumer report.
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Tennessee HB 3860 prohibits fees for imposing or removing a credit freeze on a
consumer when the consumer has been a victim of a breach of an information holder's
security system.
Information Privacy
Rhode Island SB 2167 prohibits any state or government agency the right to refuse
benefits to anyone who refuse to disclose his/her social security number.
Wisconsin SB 439 prohibits the retention of certain data by a person who accepts
payment for goods or services in the form of a card issued by a financial institution,
generally, a credit card or debit card.
Vermont HB 826 proposes to require the state archivist to study how the personal
information of Vermonters is collected, how such information is used or shared with
others, and if the personal privacy interests of Vermonters require additional protection.
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