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HB 358 (BR 1165) - D. Ford, W. Coursey, T. Edmonds, D. Graham, B. Housman, M. Rader, S. Santoro, R. Smart, A. Webb-Edgington
AN ACT relating to assignment of death benefits.
Amend KRS 61.705 to allow the designated beneficiary of a member of the Kentucky Retirement Systems to assign the death benefit to a bank, licensed funeral home, or other lawfully recognized business entity upon the death of the member; amend KRS 161.655 to allow the designated beneficiary of a member of the Teachers' Retirement System to assign the life insurance policy benefit to a bank, licensed funeral home, or other lawfully recognized business entity; amend KRS 61.690 and 161.700 to conform.
HB 358 - AMENDMENTS
HCS - Retain original provisions except remove "other lawfully recognized business entity" from the list of entities a designated beneficiary may assign the death benefit or insurance policy.
Feb 7-introduced in House
Feb 8-to State Government (H)
Feb 15-posted in committee
Feb 17-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Feb 18-2nd reading, to Rules
Feb 22-posted for passage in the Consent Orders of the Day for Wednesday, February 23, 2011
Feb 23-3rd reading, passed 99-0 with Committee Substitute
Feb 24-received in Senate
Feb 25-taken from Committee on Committees (S); 1st reading; returned to Committee on Committees (S)
Feb 28-taken from Committee on Committees (S); 2nd reading; returned to Committee on Committees (S); to Judiciary (S)
Mar 3-reported favorably, to Rules as a Consent Bill; posted for passage in the Consent Orders of the Day for Friday, March 4, 2011
Mar 4-3rd reading, passed 37-0; received in House; enrolled, signed by each presiding officer; delivered to Governor
Mar 16-signed by Governor
Vote History
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