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House Bill 184

Actions | Amendments

Last Action	03/13/25: 3rd reading, passed 36-0 with Committee Substitute (1) and Committee Amendment (1-title)
Title	AN ACT relating to the insurance regulatory sandbox.
Bill Documents	Current Introduced
Bill Request Number	1186
Sponsor	M. Clines
Summary of Original Version	Amend KRS 304.3-705 to extend the insurance regulatory sandbox program until December 31, 2030; amend KRS 304.3-735 to extend the commissioner's reporting requirement.
Index Headings of Original Version	State Agencies - Department of Insurance, insurance regulatory sandbox program, report Reports Mandated - Department of Insurance, insurance regulatory sandbox program Sunset Legislation - Insurance regulatory sandbox program, extension, December 31, 2030 Insurance - Insurance innovations, no-action letters, extension, December 31, 2030 Insurance - Regulatory sandbox program, administrative report, extensions
Jump to Proposed Amendments	Senate Committee Substitute 1 Senate Committee Amendment 1
Votes	Vote History

Actions

Top | Amendments

01/09/25	introduced in House to Committee on Committees (H)
02/04/25	to Banking & Insurance (H)
02/12/25	reported favorably, 1st reading, to Calendar
02/13/25	2nd reading, to Rules
02/14/25	posted for passage in the Regular Orders of the Day for Tuesday, February 18, 2025
02/18/25	3rd reading, passed 93-0
02/19/25	received in Senate to Committee on Committees (S)
02/21/25	to Banking & Insurance (S)
03/11/25	reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title)
03/12/25	2nd reading, to Rules posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025
03/13/25	3rd reading, passed 36-0 with Committee Substitute (1) and Committee Amendment (1-title)

Proposed Amendments

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Amendment	Senate Committee Substitute 1
Summary	Retain original provisions; create a new section of Subtitle 33 of KRS Chapter 304 to define terms; establish rights and requirements relating to netting agreements and qualified financial contracts in a delinquency proceeding against an insurer; amend KRS 304.33-050, 304.33-170, 304.33-240, 304.33-260, 304.33-290, 304.33-300, 304.33-310, and 304.33-330 to conform.
Index Headings	Insurance - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Securities - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Bankruptcy - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Banks and Financial Institutions - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements Claims - Netting agreements and qualified financial contracts, deliquency proceedings, insurers, requirements

Amendment	Senate Committee Amendment 1
Sponsor	R. Girdler
Summary	Make title amendment.
Index Headings	Title Amendments - HB 184/GA

Last updated: 3/13/2025 11:37 PM (EDT)