Kentucky House Bill 126 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 25 2010 - 100% progression
Action: 2010-03-25 - signed by Governor (Acts ch. 25)
Text: Latest bill text (Draft #1) [MS Word]

Amend KRS 304.2-210 to authorize the examination of each domestic insurer once every five years, rather than every three years; amend KRS 304.2-320 to require entities seeking a merger, acquisition, or other change of control to bear the cost of the public hearing notice; KRS 304.3-180 to prohibit a property and casualty insurer from using the same accountant for preparation of its audited financial statement for more than five consecutive years; amend KRS 304.3-242 to require insurers file an actuarial opinion summary in addition to the statement of actuarial opinion.

AN ACT relating to the financial examination of insurers.

Rep. Mitchel Denham [D]

Date	Chamber	Action
2010-03-25		signed by Governor (Acts ch. 25)
2010-03-24		delivered to Governor
2010-03-24		enrolled, signed by each presiding officer
2010-03-23		passed 97-2
2010-03-23		House concurred in Senate floor amendments (1) and (2-title)
2010-03-22		posted for passage for concurrence in Senate floor amendments (1) and (2-title) for Tuesday, March 23, 2010
2010-03-17		to Rules (H)
2010-03-17		received in House
2010-03-16		3rd reading, passed 36-0 with floor amendments (1) and (2-title)
2010-03-16		taken from the Consent Orders of the Day, placed in the Regular Orders of the Day
2010-03-15		floor amendments (1) and (2-title) filed
2010-03-15		passed over and retained in the Consent Orders of the Day
2010-03-10		posted for passage in the Consent Orders of the Day for Monday, March 15, 2010
2010-03-10		2nd reading, to Rules
2010-03-09		reported favorably, 1st reading, to Consent Calendar
2010-02-22		to Banking & Insurance (S)
2010-02-18		received in Senate
2010-02-17		3rd reading, passed 98-0 with Committee Substitute
2010-02-10		posted for passage in the Consent Orders of the Day for Wednesday, February 17, 2010
2010-02-10		2nd reading, to Rules
2010-02-09		reported favorably, 1st reading, to Consent Calendar with Committee Substitute
2010-02-01		posted in committee
2010-01-05		to Banking & Insurance (H)
2010-01-05		introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/10RS/HB126.htm
Text	http://www.lrc.ky.gov/record/10RS/HB126/bill.doc