HB 265 KY Became Law
AN ACT relating to regulatory authorizations by the commissioner of insurance.
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Summary
Create a new section of KRS Chapter 299 to establish procedures and authorization by the commissioner of insurance for the voluntary dissolution of certain companies transacting the business of insurance upon the cooperative or assessment plan; amend KRS 304.50-010 to prohibit the commissioner from authorizing additional workers' compensation self-insured groups on and after the effective date of the Act; amend KRS 342.350 to conform.
Sponsors (3)
- M. Meredith Republican · primary
- E. Hancock Democratic · primary
- D. Grossberg Democratic · primary
Action history (24)
- Jan 8, 2026 introduced in House · lower
- Jan 8, 2026 to Committee on Committees (H) · lower
- Jan 12, 2026 to Banking & Insurance (H) · lower
- Jan 14, 2026 reported favorably, 1st reading, to Calendar · lower
- Jan 15, 2026 2nd reading, to Rules · lower
- Jan 16, 2026 posted for passage in the Regular Orders of the Day for Tuesday, January 20, 2026 · lower
- Jan 20, 2026 3rd reading, passed 95-0 · lower
- Jan 21, 2026 received in Senate · upper
- Jan 21, 2026 to Committee on Committees (S) · upper
- Mar 13, 2026 to Banking & Insurance (S) · upper
- Mar 17, 2026 reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1) · lower
- Mar 18, 2026 2nd reading, to Rules as a consent bill · lower
- Mar 18, 2026 posted for passage in the Consent Orders of the Day for Thursday, March 19 2026 · lower
- Mar 19, 2026 passed over and retained in the Consent Orders of the Day · lower
- Mar 20, 2026 3rd reading, passed 37-0 with Committee Substitute (1) · lower
- Mar 20, 2026 received in House · lower
- Mar 20, 2026 to Rules (H) · lower
- Mar 27, 2026 posted for passage for concurrence in Senate Committee Substitute (1) · lower
- Mar 31, 2026 House concurred in Committee Substitute (1) · lower
- Mar 31, 2026 passed 94-0 · lower
- Mar 31, 2026 enrolled, signed by Speaker of the House · lower
- Mar 31, 2026 enrolled, signed by President of the Senate · upper
- Mar 31, 2026 delivered to Governor · lower
- Apr 10, 2026 signed by Governor (Acts Ch. 84) · lower
Full text
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