09RS HB59
LRC Seal

HB59

09RS

WWW Version

The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.

Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.


HB 59 (BR 159) - J. Greer, L. Clark

     AN ACT relating to insurance licensing.
     Amend KRS 304.3-180 to reduce the number of consecutive years an insurer may use an accountant or firm for preparing the audited financial statement from seven (7) to (5); amend KRS 304.9-020 to define "rental vehicle agent" an "rental vehicle agent managing employee"; amend KRS 304.9-133 to remove the requirement that business entities file an annual report of all designated individuals who were not terminated on or prior to December 31; amend 304.9-150 to remove the requirement that a business entity applicant file with its application a certificate issued by the Kentucky Secretary of State demonstrating that it can do business in Kentucky and a copy of its assumed name certificate; provide that a business entity applicant or licensee shall not use a name which is the same or deceptively similar to another business entity licensee; amend KRS 304.9-230 to add rental vehicle as a limited line of authority; amend KRS 304.9-505 to conform; amend KRS 304.9-507 to conform; and, repeal KRS 304.9-485, 304.9-501. 304.9-503 and 304.9-513.

HB 59 - AMENDMENTS


     SCS - Retain original provisions of the bill except replace "accountant" with "lead or coordinating partner" and change the effective time of this becomes 2010.

     (Prefiled by the sponsor(s).)

     Jan 6-introduced in House
     Jan 7-to Banking & Insurance (H)
     Feb 4-reported favorably, 1st reading, to Calendar
     Feb 5-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Friday, February 6, 2009
     Feb 6-3rd reading, passed 95-0
     Feb 9-received in Senate
     Feb 23-to Banking & Insurance (S)
     Mar 9-taken from committee; 1st reading; returned to Banking & Insurance (S); reported favorably, to Calendar with Committee Substitute as a Consent Bill
     Mar 10-2nd reading, to Rules

Vote History
Legislature Home Page | Record Front Page