23RS HB 579

Actions

Last Action	03/16/23: recommitted to Appropriations & Revenue (H)
Title	AN ACT relating to state property and declaring an emergency.
Bill Documents	Introduced
Bill Request Number	1689
Sponsor	M. Meredith
Summary of Original Version	Amend KRS 56.100, 56.120 and 56.160, to increase the self-insured retention amounts of the state fire and tornado insurance fund from $1 million to $10 million; amend KRS 56.180 to raise the fund balance threshold for when moneys will be transferred to the general fund from $10 million to $100 million until June 30, 2025; EMERGENCY.
Index Headings of Original Version	Disasters - Self-insured retention fire and tornado fund, ceiling amount, increase Effective Dates, Emergency - State self-insured retention fire and tornado fund, ceiling amount increase Insurance - State self-insured retention fire and tornado fund, ceiling amount Public Buildings and Grounds - State self-insured retention fire and tornado fund, ceiling amount, increase State Agencies - Finance and Administration Cabinet, state self-insured retention fire and tornado fund Budget and Financial Administration - Self-insured retention fire and tornado fund, ceiling amount, increase

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02/22/23	introduced in House to Committee on Committees (H)
03/10/23	to State Government (H)
03/14/23	reported favorably, 1st reading, to Calendar
03/15/23	2nd reading, to Rules
03/16/23	taken from Rules recommitted to Appropriations & Revenue (H)