House Bill 159

Actions | Amendments
Last Action recommitted to Banking & Insurance (H)
Title AN ACT relating to title insurance.
Bill Documents Current/Final
Introduced
Bill Request Number 853
Sponsors B. Rowland, J. Greer, A. Simpson
Summary of Original Version Create new sections of Subtitle 9 of KRS Chapter 304 to define terms; require title insurance agents to be licensed by the Department of Insurance; require a title insurance agent to provide a good-faith estimate of the premium upon the issuance of a title insurance commitment for a specified dollar amount; allow the commissioner to promulgate administrative regulations; amend KRS 304.9-030 to include title insurance as a type of insurance for which an agent may receive a qualification; amend KRS 304.22-030 to conform; EFFECTIVE January 1, 2018.
Index Headings of Original Version Effective Dates, Delayed - Title insurance agents, licensing of, effective January 1, 2018
Insurance - Title insurance agents, licensing of
Licensing - Title insurance agents, provide for the licensing of
Administrative Regulations and Proceedings - Department of Insurance, licensing of title insurance agents
Proposed Amendments House Floor Amendment 1

Actions

Top | Amendments
01/07/17
  • introduced in House
02/07/17
  • to Banking & Insurance (H)
02/09/17
  • posted in committee
02/10/17
  • reported favorably, 1st reading, to Consent Calendar
02/13/17
  • 2nd reading, to Rules
02/16/17
  • floor amendment (1) filed
02/17/17
  • taken from Rules (H)
  • recommitted to Banking & Insurance (H)

Proposed Amendments

Top | Actions
Amendment House Floor Amendment 1
Sponsor R. Rand
Summary Amend original provisions to exclude licensed attorneys from the licensing requirements for title agents.
Index Headings Effective Dates, Delayed - Title insurance agents, licensing of, effective January 1, 2018
Insurance - Title insurance agents, licensing of
Licensing - Title insurance agents, provide for the licensing of
Administrative Regulations and Proceedings - Department of Insurance, licensing of title insurance agents

Last updated: 1/16/2019 3:02 PM (EST)