12RS House Bill 338

Actions

Last Action	signed by Governor (Acts ch. 80)
Title	AN ACT relating to delaying the effective date of insurance premium surcharge increases.
Bill Documents	Bill
Bill Request Number	1423
Sponsor	T. Thompson
Summary of Original Version	Amend KRS 136.392 to provide that the insurance premium surcharge rate calculated by the commissioner of revenue and related to the commissioner of insurance for the purpose of informing the affected insurers shall take effect no earlier than six months from the date that the commissioner of insurance notifies the affected insurers; delete the requirement that the commissioner of revenue calculate the appropriate rate no later than January 1 of each year; delete the requirement that the adjustment process shall continue on a biennial basis.
Index Headings of Original Version	Insurance - Premium surcharge increase, delayed effective date Taxation - Insurance premium surcharge increase, delayed effective date
Votes	Vote History

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01/27/12	introduced in House
01/30/12	to Banking & Insurance (H)
02/02/12	posted in committee
02/15/12	reported favorably, 1st reading, to Consent Calendar
02/16/12	2nd reading, to Rules posted for passage in the Consent Orders of the Day for Wednesday, February 22, 2012
02/22/12	3rd reading, passed 97-0
02/23/12	received in Senate
02/27/12	to Banking & Insurance (S)
03/21/12	reported favorably, 1st reading, to Consent Calendar
03/22/12	2nd reading, to Rules
03/26/12	posted for passage in the Consent Orders of the Day for Monday, March 26, 2012 3rd reading, passed 36-0
03/27/12	received in House enrolled, signed by Speaker of the House
03/30/12	enrolled, signed by President of the Senate delivered to Governor
04/11/12	signed by Governor (Acts ch. 80)