Last Action | 03/24/25: signed by Governor (Acts Ch. 67) |
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Title | AN ACT relating to insurance. |
Bill Documents |
Current/Final
Introduced |
Bill Request Number | 1186 |
Sponsor | M. Clines |
Summary of Original Version | Amend KRS 304.3-705 to extend the insurance regulatory sandbox program until December 31, 2030; amend KRS 304.3-735 to extend the commissioner's reporting requirement. |
Index Headings of Original Version |
Claims - Netting agreements and qualified financial contracts, delinquency proceeding, insurers, requirements Insurance - Netting agreements and qualified financial contracts, delinquency proceeding, insurers, requirements Securities - Netting agreements and qualified financial contracts, delinquency proceeding, insurers, requirements Bankruptcy - Netting agreements and qualified financial contracts, delinquency proceeding, insurers, requirements Banks and Financial Institutions - Netting agreements and qualified financial contracts, delinquency proceeding, insurers, requirements |
Jump to Proposed Amendments |
Senate Committee Substitute 1 Senate Committee Amendment 1 |
Votes | Vote History |
01/09/25 |
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02/04/25 |
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02/12/25 |
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02/13/25 |
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02/14/25 |
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02/18/25 |
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02/19/25 |
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02/21/25 |
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03/11/25 |
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03/12/25 |
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03/13/25 |
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03/14/25 |
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03/24/25 |
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Amendment | Senate Committee Substitute 1 |
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Summary | Retain original provisions; create a new section of Subtitle 33 of KRS Chapter 304 to define terms; establish rights and requirements relating to netting agreements and qualified financial contracts in a delinquency proceeding against an insurer; amend KRS 304.33-050, 304.33-170, 304.33-240, 304.33-260, 304.33-290, 304.33-300, 304.33-310, and 304.33-330 to conform. |
Index Headings |
Insurance - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Securities - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Bankruptcy - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Banks and Financial Institutions - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Claims - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements |
Amendment | Senate Committee Amendment 1 |
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Sponsor | R. Girdler |
Summary | Make title amendment. |
Index Headings | Title Amendments - HB 184/GA |
Last updated: 4/1/2025 2:25 PM (EDT)