01RS SB148


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SB 148 (BR 1230) - J. Denton, M. Long, D. Mongiardo, V. Moore, A. Robinson, D. Seum

     AN ACT relating to insurance.
     Create a new section of Subtitle 20 of KRS Chapter 304, the insurance code, to provide that every property insurer shall include a premium credit or discount provision in its rate filings for buildings equipped with an automatic sprinkler system; require the amount of the credit or discount to reflect the cost savings the insurer expects to realize in insuring property so equipped.

     Feb 14-introduced in Senate
     Feb 15-to Banking and Insurance (S)
     Feb 22-reported favorably, 1st reading, to Calendar
     Feb 23-2nd reading, to Rules
     Feb 28-posted for passage in the Regular Orders of the Day for Friday, March 2, 2001
     Mar 2-3rd reading, passed 35-0
     Mar 5-received in House
     Mar 6-to Banking and Insurance (H)

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