Last Action | 03/26/19: signed by Governor (KY Acts ch. 140) |
---|---|
Title | AN ACT relating to surcharges on insurance policies. |
Bill Documents |
Acts Chapter 140
Current/Final Introduced |
Fiscal Impact Statement | Fiscal Note |
Bill Request Number | 1157 |
Sponsors | A. Koenig, C. Massey |
Summary of Original Version | 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. |
Index Headings of Original Version |
Fees - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of Firefighters and Fire Departments - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of General Assembly - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of Insurance - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of Peace Officers and Law Enforcement - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of Police, City and County - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of Police, State - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of Sheriffs - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of Fiscal Note - Insurance surcharge used to pay for KLEFPF and KFFPF, restricting adjustment of |
Jump to Proposed Amendments |
House Floor Amendment 1 Senate Floor Amendment 1 |
Votes | Vote History |
02/05/19 |
|
---|---|
02/06/19 |
|
02/07/19 |
|
02/13/19 |
|
02/14/19 |
|
02/15/19 |
|
02/22/19 |
|
02/25/19 |
|
02/27/19 |
|
03/12/19 |
|
03/13/19 |
|
03/14/19 |
|
03/26/19 |
|
Amendment | House Floor Amendment 1 |
---|---|
Sponsor | A. Koenig |
Summary | Amend KRS 136.392 to increase premium surcharge rate to $1.80 per $100 of premium. |
Index Headings |
Fees - Insurance surcharge used to pay for KLEFPF and KFFPF, adjustment of Firefighters and Fire Departments - Insurance surcharge used to pay for KLEFPF and KFFPF, adjustment of Insurance - Insurance surcharge used to pay for KLEFPF and KFFPF, adjustment of Peace Officers and Law Enforcement - Insurance surcharge used to pay for KLEFPF and KFFPF, adjustment of Police, City and County - Insurance surcharge used to pay for KLEFPF and KFFPF, adjustment of Police, State - Insurance surcharge used to pay for KLEFPF and KFFPF, adjustment of Sheriffs - Insurance surcharge used to pay for KLEFPF and KFFPF, adjustment of |
Amendment | Senate Floor Amendment 1 |
---|---|
Sponsor | R. Webb |
Summary | Require surcharge rate to be adjusted to provide sufficient funds for the Firefighters Foundation Program fund and the Law Enforcement Foundation Program fund; require rate to be calculated using the base number of local government units eligible as of January 1, 1994; require Secretary of the Public Protection Cabinet and the Secretary for the Justice and Public Safety Cabinet to submit estimated budgets for the funds to the General Assembly. |
Index Headings |
Firefighters and Fire Departments - Firefighters Foundation Program fund, funding General Assembly - Insurance surcharge rate adjustment, authority granted Peace Officers and Law Enforcement - Law Enforcement Foundation Program fund, funding |
Last updated: 11/9/2023 3:07 PM (EST)