Last Action | 03/18/21: signed by Governor (Acts Ch. 36) |
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Title | AN ACT relating to the regulation of travel-related commerce. |
Bill Documents |
Acts Chapter 36
Current/Final Introduced |
Bill Request Number | 818 |
Sponsors | M. Lockett, B. Rowland |
Summary of Original Version | Establish new Subtitle 52 in KRS Chapter 304 and create sections relating to travel insurance; define terms; provide for the classification and form of travel insurance; allow eligibility and underwriting standards for travel insurance to be developed based on travel protection plans; establish conduct relating to travel insurance constituting an unfair trade practice; establish requirements for travel insurance insurers; establish requirements for the refund of certain travel protection plans; require certain notices and materials be provided to consumers; establish requirements for travel administrators; establish travel insurance agent requirements; create a new section of KRS Chapter 365 to provide requirements for the offer and sale of travel protection plans; amend KRS 304.9-440 to apply penalties to travel retailers; amend KRS 304.9-020, 304.9-080, 304.9-230, 304.9-421, 304.9-430, 304.9-440, and 304.9-475 to make conforming changes; provide short title for Sections 1 to 6. |
Index Headings of Original Version |
Insurance - Travel insurance, limited lines travel insurance agent Insurance - Travel insurance, regulation State Agencies - Department of Insurance, commissioner, limited lines travel insurance agent Trade Practices and Retailing - Travel protection plans, regulation Short Titles and Popular Names - Travel Insurance Act |
Jump to Proposed Amendments | House Committee Substitute 1 |
Votes | Vote History |
01/11/21 |
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01/13/21 |
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02/10/21 |
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02/11/21 |
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02/22/21 |
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02/23/21 |
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02/25/21 |
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03/02/21 |
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03/03/21 |
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03/05/21 |
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03/11/21 |
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03/18/21 |
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Amendment | House Committee Substitute 1 |
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Summary | Establish new Subtitle 52 in KRS Chapter 304 and create sections relating to travel insurance; define terms; set forth persons that may act as a limited lines travel insurance producer; establish requirements for the refund of certain travel protection plans; require certain notices and materials be provided to travel consumers; set forth conduct relating to travel insurance constituting an unfair trade practice; establish requirements for travel insurers; provide for the classification and form of travel insurance; authorize eligibility and underwriting standards for travel insurance to be developed based on travel protection plans; authorize the commissioner to promulgate administrative regulations; amend KRS 304.9-440 to apply penalties to travel retailers; amend KRS 304.9-020, 304.9-080, 304.9-230, 304.9-421, 304.9-430, and 304.9-440 to make conforming changes; provide short title for Sections 1 to 6; repeal KRS 304.9-475. |
Index Headings |
Insurance - Travel insurance, regulation State Agencies - Department of Insurance, travel insurance Trade Practices and Retailing - Travel protection plans, regulation Administrative Regulations and Proceedings - Commissioner, Department of Insurance, travel insurance Short Titles and Popular Names - Travel Insurance Act |
Last updated: 11/9/2023 2:52 PM (EST)