Kentucky
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House Bill 345

Actions | Amendments
Last Action 04/26/18: signed by Governor (Acts, ch. 180)
Title AN ACT relating to surplus lines.
Bill Documents Current/Final
Introduced
Bill Request Number 1429
Sponsor B. Rowland
Summary of Original Version 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.
Index Headings of Original Version Insurance - Agents or broker, lines of authority, requirements of
Insurance - Disability insurance coverage, exportation of
Insurance - Surplus Lines Insurance Multi-State Compliance Compact, repeal of
Insurance - Surplus lines, disability insurance, requirements for
Interstate Cooperation - Surplus Lines Insurance Multi-State Compliance Compact, repeal of
Occupations and Professions - Disability insurance coverage, procurement of
Jump to Proposed Amendments House Committee Substitute 1
Senate Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/08/18
  • introduced in House
02/12/18
  • to Banking & Insurance (H)
  • posted in committee
02/15/18
  • reported favorably, 1st reading, to Consent Calendar with Committee Substitute
02/16/18
  • 2nd reading, to Rules
02/22/18
  • posted for passage in the Consent Orders of the Day for Friday, February 23, 2018
02/23/18
  • 3rd reading, passed 83-0 with Committee Substitute
02/26/18
  • received in Senate
02/27/18
  • to Banking & Insurance (S)
03/20/18
  • reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
03/21/18
  • 2nd reading, to Rules
03/22/18
  • reassigned to Appropriations & Revenue (S)
04/14/18
  • 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
04/26/18
  • signed by Governor (Acts, ch. 180)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Summary 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.
Index Headings Insurance - Agents or broker, lines of authority, requirements of
Insurance - Disability insurance coverage, exportation of
Insurance - Surplus Lines Insurance Multi-State Compliance Compact, repeal of
Insurance - Surplus lines, disability insurance, requirements for
Interstate Cooperation - Surplus Lines Insurance Multi-State Compliance Compact, repeal of
Occupations and Professions - Disability insurance coverage, procurement of

Amendment Senate Committee Substitute 1
Summary Keep original provisions except amend KRS 304.10-180 to remove references to multistate risks; amend KRS 304.99-085 to conform.
Index Headings Insurance - Agents or broker, lines of authority, requirements of
Insurance - Disability insurance coverage, exportation of
Insurance - Surplus Lines Insurance Multi-State Compliance Compact, repeal of
Insurance - Surplus lines, disability insurance, requirements for
Interstate Cooperation - Surplus Lines Insurance Multi-State Compliance Compact, repeal of
Occupations and Professions - Disability insurance coverage, procurement of

Last updated: 9/1/2020 2:57 PM (EDT)
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