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House Bill 184

Actions | Amendments

Last Action	03/12/25: posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025
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

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 1:08 AM (EDT)