KY HB171 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 30 2022 - 100% progression
Action: 2022-03-30 - signed by Governor (Acts Ch. 61)
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 30 2022 - 100% progression
Action: 2022-03-30 - signed by Governor (Acts Ch. 61)
Text: Latest bill text (Chaptered) [PDF]
Summary
Amend KRS 304.33-030 to define terms and make technical corrections; create a new section of Subtitle 33 of KRS Chapter 304 for insurer delinquency proceedings relating to federal home loan bank security interests; amend KRS 304.33-050 and 304.33-170 to conform; amend KRS 304.33-240 to prohibit a liquidator from disavowing, rejecting, or repudiating certain security interests of federal home loan banks; amend KRS 304.33-290 to except certain transfers, or obligation to transfer, from insurer-members to federal home loan banks from being deemed fraudulent and avoidable; amend KRS 304.33-310 to prohibit a liquidator from avoiding preference under, or in connection with, certain federal home loan bank security interests.
Title
AN ACT relating to delinquency proceedings involving insurer-members of federal home loan banks.
Sponsors
Roll Calls
2022-03-23 - Senate - Senate: Third Reading RSN# 2197 (Y: 37 N: 0 NV: 0 Abs: 1) [PASS]
2022-01-24 - House - House: Third Reading RCS# 43 (Y: 89 N: 0 NV: 0 Abs: 10) [PASS]
2022-01-24 - House - House: Third Reading RCS# 43 (Y: 89 N: 0 NV: 0 Abs: 10) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-30 | House | signed by Governor (Acts Ch. 61) |
| 2022-03-24 | House | delivered to Governor |
| 2022-03-24 | House | enrolled, signed by President of the Senate |
| 2022-03-24 | House | enrolled, signed by Speaker of the House |
| 2022-03-24 | House | received in House |
| 2022-03-23 | Senate | 3rd reading, passed 37-0 |
| 2022-03-22 | Senate | passed over and retained in the Consent Orders of the Day |
| 2022-03-17 | Senate | posted for passage in the Consent Orders of the Day for Tuesday, March 22, 2022 |
| 2022-03-02 | Senate | 2nd reading, to Rules as a consent bill |
| 2022-03-01 | Senate | reported favorably, 1st reading, to Consent Calendar |
| 2022-01-27 | Senate | to Banking & Insurance (S) |
| 2022-01-25 | Senate | to Committee on Committees (S) |
| 2022-01-25 | Senate | received in Senate |
| 2022-01-24 | House | 3rd reading, passed 89-0 |
| 2022-01-21 | House | posted for passage in the Regular Orders of the Day for Monday, January 24, 2022 |
| 2022-01-20 | House | 2nd reading, to Rules |
| 2022-01-19 | House | reported favorably, 1st reading, to Calendar |
| 2022-01-18 | House | to Banking & Insurance (H) |
| 2022-01-04 | House | introduced in House |
| 2021-12-10 | House | Prefiled by the sponsor(s). |
