HB345
WWW Version
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HB 345 (BR 1429) - B. Rowland
AN ACT relating to surplus lines.
Amend KRS 304.10-030 to include certain types of disability insurance in the definition of "nonadmitted insurance"; amend KRS 304.10-040 to allow licensed agents with lines of authority in health and life to export disability insurance; amend KRS 304.120 to a broker procuring surplus lines disability coverage maintain his or her agent license with lines of authority for health and life; amend KRS 304.10-180 to remove reference to Surplus Lines Insurance Multi-State Compliance Compact Commission; repeal KRS 304.10-400.
AMENDMENTS
HCS1 - Keep original provisions; amend KRS 304.10-030 to include definition for "surplus lines"; amend KRS 304.040 to prohibit export of insurance for the sole purpose of securing advatanges; amend KRS 304.10-180 to delete taxing langauge related to the Surplus Lines Insurance Multi-State Compliance Compact.
SCS1 - Keep original provisions except amend KRS 304.10-180 to remove references to multistate risks; amend KRS 304.99-085 to conform.
SCS1 - Keep original provisions except amend KRS 304.10-180 to remove references to multistate risks; amend KRS 304.99-085 to conform.
Feb 08, 2018 - introduced in House
Feb 12, 2018 - to Banking & Insurance (H); posted in committee
Feb 15, 2018 - reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Feb 16, 2018 - 2nd reading, to Rules
Feb 22, 2018 - posted for passage in the Consent Orders of the Day for Friday, February 23, 2018
Feb 23, 2018 - 3rd reading, passed 83-0 with Committee Substitute
Feb 26, 2018 - received in Senate
Feb 27, 2018 - to Banking & Insurance (S)
Mar 20, 2018 - reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
Mar 21, 2018 - 2nd reading, to Rules
Mar 22, 2018 - reassigned to Appropriations & Revenue (S)
Apr 14, 2018 - taken from Appropriations & Revenue (S); to Senate Floor; placed in the Consent Orders of the Day for Saturday, April 14, 2018; 3rd reading, passed 38-0 with Committee Substitute (1); received in House; to Rules (H); taken from Rules; posted for passage for concurrence in Senate Committee Substitute (1); House concurred in Senate Committee Substitute (1); passed 83-2; enrolled, signed by President of the Senate; enrolled, signed by Speaker of the House; delivered to Governor
Apr 26, 2018 - signed by Governor (Acts, ch. 180)