Kentucky House Bill 159 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 7 2017 - 25% progression, died in committee
Action: 2017-02-17 - recommitted to Banking & Insurance (H)
Pending: House Banking and Insurance Committee
Text: Latest bill text (Draft #1) [PDF]

Create new sections of Subtitle 9 of KRS Chapter 304 to define terms; require title insurance agents to be licensed by the Department of Insurance; require a title insurance agent to provide a good-faith estimate of the premium upon the issuance of a title insurance commitment for a specified dollar amount; allow the commissioner to promulgate administrative regulations; amend KRS 304.9-030 to include title insurance as a type of insurance for which an agent may receive a qualification; amend KRS 304.22-030 to conform; EFFECTIVE January 1, 2018.

AN ACT relating to title insurance.

Rep. Bart Rowland [R]

Rep. Jeff Greer [D]

Rep. Arnold Simpson [D]

Date	Chamber	Action
2017-02-17	House	recommitted to Banking & Insurance (H)
2017-02-17	House	taken from Rules (H)
2017-02-16	House	floor amendment (1) filed
2017-02-13	House	2nd reading, to Rules
2017-02-10	House	reported favorably, 1st reading, to Consent Calendar
2017-02-09	House	posted in committee
2017-02-07	House	to Banking & Insurance (H)
2017-01-07	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/17RS/HB159.htm
Text	http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB159/bill.pdf
Amendment	http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB159/HFA1.pdf