Last Action | taken from the Consent Orders of the Day, placed in the Regular Orders of the Day |
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Title | AN ACT relating to surcharges on insurance policies. |
Bill Documents |
Bill
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Impact Statements | Local Mandate |
Bill Request Number | 965 |
Sponsors | A. Koenig, M. Dossett |
Summary of Original Version | Amend KRS 136.392 to remove the adjustment of the surcharge on insurance used to supplement both the Law Enforcement Foundation Program fund and the Firefighters Foundation Program fund from the control of the Commissioner of Revenue and allow adjustments to be made only by the General Assembly; RETROACTIVE to July 1, 2016. |
Index Headings of Original Version |
Local Mandate - Insurance surcharge for LEFPF and FFPF, adjustments restricted Fees - Insurance surcharge for LEFPF and FFPF, adjustments restricted Firefighters and Fire Departments - Insurance surcharge for LEFPF and FFPF, adjustments restricted General Assembly - Insurance surcharge for LEFPF and FFPF, adjustments restricted Insurance - Insurance surcharge for LEFPF and FFPF, adjustments restricted Peace Officers and Law Enforcement - Insurance surcharge for LEFPF and FFPF, adjustments restricted Police, City and County - Insurance surcharge for LEFPF and FFPF, adjustments restricted Police, State - Insurance surcharge for LEFPF and FFPF, adjustments restricted Sheriffs - Insurance surcharge for LEFPF and FFPF, adjustments restricted Retroactive Legislation - Insurance surcharge for LEFPF and FFPF, adjustments restricted, July 1, 2016 Local Mandate - Insurance surcharge for LEFPF and FFPF, adjustments restricted |
Proposed Amendments | House Committee Substitute 1 |
01/11/16 |
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01/12/16 |
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01/21/16 |
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03/23/16 |
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03/24/16 |
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03/25/16 |
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Amendment | House Committee Substitute 1 |
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Impact Statements | Local Mandate |
Summary | Amend KRS 136.392 to specify that a rate change in a premium surcharge rate used to supplement both the Law Enforcement Foundation Program fund and the Firefighters Foundation Program fund shall only be adjusted by an act of the General Assembly and be applied 90 days after the effective date of the act; specify that the changes made in Section 1 shall be retroactively applied to July 1, 2016. |
Index Headings |
Local Mandate - Insurance surcharge for LEFPF and FFPF, adjustments restricted Fees - Insurance surcharge for LEFPF and FFPF, adjustments restricted Firefighters and Fire Departments - Insurance surcharge for LEFPF and FFPF, adjustments restricted General Assembly - Insurance surcharge for LEFPF and FFPF, adjustments restricted Insurance - Insurance surcharge for LEFPF and FFPF, adjustments restricted Peace Officers and Law Enforcement - Insurance surcharge for LEFPF and FFPF, adjustments restricted Police, City and County - Insurance surcharge for LEFPF and FFPF, adjustments restricted Police, State - Insurance surcharge for LEFPF and FFPF, adjustments restricted Sheriffs - Insurance surcharge for LEFPF and FFPF, adjustments restricted Retroactive Legislation - Insurance surcharge for LEFPF and FFPF, adjustments restricted, July 1, 2016 Local Mandate - Insurance surcharge for LEFPF and FFPF, adjustments restricted |
Last updated: 1/16/2019 3:08 PM (EST)