,i  #aae? ,,congress  #b;d ,session  ,h4
 ,r4 #gbgh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #ab1         
#bjah,mr4 ,e/es ( ,kansas introduc$ !   
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,education & ! ,work=ce   
,a ,,bill  ,to am5d ! ,employee         
,retirem5t ,income ,security ,act (     
#aigd4  #a4 ,application ( ,,erisa to   
insurance company g5]al acc\nts & g5]al 
acc\nt contracts  7a7 ,section #c ( !   
,employee ,retirem5t ,income ,security  
,act ( #aigd is am5d$-- 7#a7 by add+ !  
phrase or 7,c7 aft] ! phrase subp>agraph
 7,b7 9 subp>agraph 7,a7 to subsection  
7#ba72 &  7#b7 by add+ ! foll[+ new     
subp>agraph 7,c7 to subsection 7#ba73   
7,c7 ,if any money or o!r prop]ty ( an  
employee b5efit plan is contribut$ to a 
g5]al acc\nt policy 7z def9$ 9 section  
#dja 7b77#b77;,b771 su* insur] %all n be
 deem$ to be a fiduci>y or a p>ty 9     
int]e/ z ^? t]ms are def9$ 9 ?is        
sub*apt]1 respectively1 by reason ( su* 
contribution or ! insur]'s issuance or  

adm9i/ration ( su* g5]al acc\nt policy1 
! insur]'s ex]cise ( contractual rights 
or dis*>ge ( its contractual obligations
 "u su* g5]al acc\nt policy1 or !       
managem5t ( ! insur]'s g5]al acc\nt1    
except ins(> z su* insur] directs !     
contribution on behalf ( an employee    
b5efit plan cov]+ employees ( ! insur]4 
,no?+ conta9$ 9 ?is subp>agraph %all    
limit ! duties impos$ on su* insur] by  
any o!r law4  4  7b7 ,section #dja ( !  
,employee ,retirem5t ,income ,security  
,act ( #aigd is am5d$-- 7#a7 by delet+  
p>agraph 7#b7 ( subsection 7b72 &  7#b7 
by add+ ! foll[+ new p>agraph 7#b7 to   
subsection 7b73  7#b7 ,9 ! case ( a plan
 :i* contributes to a g5]al acc\nt      
policy1 ! assets ( su* plan %all be     
deem$ to include ! insurance promises & 
gu>antees grant$ !re "u to !            
policyhold]1 subject to any res]v$      
rights ( ! insur]1 b %all n be deem$ to 
include ! g5]al acc\nt policy1 any      
contractual rights res]v$ to ! insur] "u
 su* policy or any o!r assets ( !       

insur]1 ,= purposes ( ?is p>agraph3     
7,a7 ,! t]m insur] means an insurance   
company1 insurance s]vice1 or insurance 
organization1 qualifi$ to d bus9ess 9 a 
,/ate4  7,b7 ,! t]m g5]al acc\nt policy 
means an insurance policy or contract to
 ! ext5t t su* policy or contract       
allocates am\nts to ! insur]'s g5]al    
acc\nt includ+ any surplus 9 a sep>ate  
acc\nt b exclud+ any o!r portion ( a    
sep>ate acc\nt4  2 &  7#c7 by delet+    
subsection 7c74  7c7 ,effective date ,! 
am5dm5ts made by ?is section %all apply 
effective z ( ,janu>y #a1 #aige4