22RS HB 171

Actions

Last Action	03/30/22: signed by Governor (Acts Ch. 61)
Title	AN ACT relating to delinquency proceedings involving insurer-members of federal home loan banks.
Bill Documents	Acts Chapter 61 Current/Final Introduced
Bill Request Number	991
Sponsor	J. Fischer
Summary of Original Version	Amend KRS 304.33-030 to define terms and make technical corrections; create a new section of Subtitle 33 of KRS Chapter 304 for insurer delinquency proceedings relating to federal home loan bank security interests; amend KRS 304.33-050 and 304.33-170 to conform; amend KRS 304.33-240 to prohibit a liquidator from disavowing, rejecting, or repudiating certain security interests of federal home loan banks; amend KRS 304.33-290 to except certain transfers, or obligation to transfer, from insurer-members to federal home loan banks from being deemed fraudulent and avoidable; amend KRS 304.33-310 to prohibit a liquidator from avoiding preference under, or in connection with, certain federal home loan bank security interests.
Index Headings of Original Version	Insurance - Insurer delinquency proceedings, federal home loan bank security interests Loans and Credit - Federal home loan bank, insurer delinquency proceedings Banks and Financial Institutions - Federal home loan bank, insurer delinquency proceedings
Votes	Vote History

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12/10/21	Prefiled by the sponsor(s).
01/04/22	introduced in House
01/18/22	to Banking & Insurance (H)
01/19/22	reported favorably, 1st reading, to Calendar
01/20/22	2nd reading, to Rules
01/21/22	posted for passage in the Regular Orders of the Day for Monday, January 24, 2022
01/24/22	3rd reading, passed 89-0
01/25/22	received in Senate to Committee on Committees (S)
01/27/22	to Banking & Insurance (S)
03/01/22	reported favorably, 1st reading, to Consent Calendar
03/02/22	2nd reading, to Rules as a consent bill
03/17/22	posted for passage in the Consent Orders of the Day for Tuesday, March 22, 2022
03/22/22	passed over and retained in the Consent Orders of the Day
03/23/22	3rd reading, passed 37-0
03/24/22	received in House enrolled, signed by Speaker of the House enrolled, signed by President of the Senate delivered to Governor
03/30/22	signed by Governor (Acts Ch. 61)