HB 371 KY Became Law
AN ACT relating to mine subsidence insurance.
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Summary
Amend KRS 304.44-030 to require the administrator to establish the maximum total insured value reinsured per structure; increase the coverage amount for living expenses from $25,000 to $50,000; amend KRS 304.44-050 to conform; apply to policies issued or renewed on or after January 1, 2025; EFFECTIVE January 1, 2025.
Sponsors (4)
- W. Williams Republican · primary
- J. Dixon · primary
- J. Justice · primary
- M. Pollock Republican · primary
Action history (28)
- Jan 24, 2024 introduced in House · lower
- Jan 24, 2024 to Committee on Committees (H) · lower
- Jan 30, 2024 to Banking & Insurance (H) · lower
- Jan 31, 2024 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · lower
- Feb 1, 2024 2nd reading, to Rules · lower
- Feb 5, 2024 posted for passage in the Regular Orders of the Day for Tuesday, February 06, 2024 · lower
- Feb 6, 2024 3rd reading, passed 95-0 with Committee Substitute (1) · lower
- Feb 7, 2024 received in Senate · upper
- Feb 7, 2024 to Committee on Committees (S) · upper
- Feb 20, 2024 to Banking & Insurance (S) · upper
- Mar 5, 2024 reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1) · lower
- Mar 6, 2024 2nd reading, to Rules as a consent bill · lower
- Mar 8, 2024 posted for passage in the Consent Orders of the Day for Monday, March 11, 2024 · lower
- Mar 11, 2024 passed over and retained in the Consent Orders of the Day · lower
- Mar 12, 2024 passed over and retained in the Consent Orders of the Day · lower
- Mar 13, 2024 passed over and retained in the Consent Orders of the Day · lower
- Mar 14, 2024 passed over and retained in the Consent Orders of the Day · lower
- Mar 15, 2024 passed over and retained in the Consent Orders of the Day · lower
- Mar 21, 2024 3rd reading, passed 38-0 with Committee Substitute (1) · lower
- Mar 22, 2024 received in House · lower
- Mar 22, 2024 to Rules (H) · lower
- Mar 25, 2024 posted for passage for concurrence in Senate Committee Substitute (1) · lower
- Mar 27, 2024 House concurred in Senate Committee Substitute (1) · lower
- Mar 27, 2024 passed 96-0 · lower
- Mar 27, 2024 enrolled, signed by Speaker of the House · lower
- Mar 27, 2024 enrolled, signed by President of the Senate · upper
- Mar 27, 2024 delivered to Governor · lower
- Apr 4, 2024 signed by Governor (Acts Ch.31) · lower
Subjects
CoalEffective Dates, DelayedInsuranceMinerals and MiningPropertyState Agencies
Text versions (3)
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