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HB 260 (BR 1512) - Ji. Lee, J. Bruce, B. Buckingham, S. Riggs, B. Yonts
AN ACT relating to motor vehicles.
Amend KRS 190.033, which requires a surety bond or insurance policy be on file prior to issuance of a motor vehicle dealer's license, motor vehicle auction dealer's license or wholesaler's license, to provide that the insurance coverage mandated by this section is in excess of and secondary to the insurance coverage of a customer or other person for their own negligence; and, amend KRS 304.20-065, which requires that collision coverage on every motor vehicle licensed in the state cover the insured individual while operating a loaned motor vehicle while the insured's vehicle is being repaired or serviced, to extend the requirement of coverage on a loaned motor vehicle during repair or servicing to include liability coverage.
HB 260 - AMENDMENTS
HCA (1/Title, S. Riggs) - Make title amendment.
HFA (1, J. Lee) - Clarify that the motor vehicle dealer's coverage is secondary to the coverage of the person operating a motor vehicle which is loaned as a replacement vehicle while the person's vehicle is out of use because of breakdown, repair, or servicing.
HFA (2, J. Lee) - Clarify that the motor vehicle dealer's coverage is secondary to the coverage of the person operating a motor vehicle which is loaned as a replacement vehicle while the operator's vehicle is out of use because of breakdown, repair, or servicing; provide that motor vehicle insurance policies with bodily injury coverage extend coverage to cover the insured individual while operating a loaned vehicle while the operator's vehicle is out of use because of breakdown, repair, or servicing.
HFA (3, J. Lee) - Clarify that if a customer's or other person's vehicle is out of use because of breakdown, repair, or servicing and a motor vehicle is loaned, the motor vehicle dealer's coverage is excess coverage to the collision, bodily injury, and property damage liability coverage of the customer or other person's own insurance.
Jan 8-introduced in House
Jan 9-to Transportation (H)
Jan 10-reassigned to Banking and Insurance (H)
Jan 15-posting waived
Jan 16-reported favorably, 1st reading, to Calendar with committee amendment (1-title)
Jan 17-2nd reading, to Rules; floor amendment (1) filed
Jan 18-posted for passage in the Regular Orders of the Day for Tuesday, January 22, 2002; floor amendment (2) filed
Jan 22-floor amendment (3) filed
Jan 23-3rd reading, passed 97-0 with floor amendment (3) ; received in Senate
Jan 25-to Banking and Insurance (S)
Mar 14-reported favorably, 1st reading, to Consent Calendar
Mar 15-2nd reading, to Rules
Mar 21-posted for passage in the Consent Orders of the Day for Thursday, March 21, 2002; 3rd reading, passed 38-0
Mar 22-received in House
Mar 25-enrolled, signed by each presiding officer; delivered to Governor
Mar 28-signed by Governor (Acts ch. 83)
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