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Week Ending April 20, 2006

S.RES.159 A resolution commending the Association for Advanced Life Underwriting on its 50th anniversary.

The Advanced Life Underwriting Association is behind insurance products that help with estate, business, pension and deferred compensation planning and, depending on how one reads the phrasing, has been an influence on Congress and the US Government.

The resolution congratulates the Association on its 50^th years and wishes continued success.

More resolution below…

Sponsor:  Senator Trent Lott (D-MS)

Vote: Passed Senate by Unanimous Consent April 18, 2007

Cost to the taxpayers: No discernible cost

Earmark Certification:   Not applicable to this resolution

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MORE INFORMATION

   Whereas, for 50 years, Association for Advanced Life Underwriting members have been increasingly strong advocates for advanced life insurance planning and its benefits to millions of Americans;

   Whereas, the Association for Advanced Life Underwriting has helped educate Congress and the country about the trillions of dollars of protection, savings, and capital and millions of jobs provided by life insurance products;

   Whereas, Association for Advanced Life Underwriting members have helped Americans with long-term estate, business, pension, and deferred compensation planning;

   Whereas, Association for Advanced Life Underwriting members have been very active participants in our democracy, particularly at the Federal or congressional level, providing their real life, market-based expertise on issues involving life insurance;

   Whereas, the Association for Advanced Life Underwriting has provided technical assistance on a variety of life insurance-related matters to the Department of the Treasury, the Internal Revenue Service, the Office of the Comptroller of the Currency, the Department of Labor, and the Financial Accounting Standards Board;

   Whereas, the Association for Advanced Life Underwriting has advocated in both the Federal and State legislatures for reforms needed to assure that life insurance is used appropriately for the benefit of clients and the general public;

   Whereas, the Association for Advanced Life Underwriting has worked to unify the life insurance industry to better advocate in the interests of the American public; and

   Whereas, the Association for Advanced Life Underwriting has worked to reflect the high level of commitment, principles, and expertise of its members and leaders: Now, therefore, be it

    Resolved, That--

    (1) the Association for Advanced Life Underwriting is congratulated on its 50th anniversary; and

    (2) the Association for Advanced Life Underwriting is wished continued success during its next 50 years.

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