KY HB554 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 4 2024 - 100% progression
Action: 2024-04-04 - signed by Governor (Acts Ch. 50)
Text: Latest bill text (Chaptered) [PDF]

Summary

Creates a new section of KRS 164A.555 to 164A.630 to permit governing boards of public-supported postsecondary educational institutions to elect to terminate the institution’s coverage through the state fire and tornado insurance fund and obtain coverage from an authorized insurer or through a self-insurance pool, to establish requirements for terminating and resuming coverage through the state fire and tornado insurance fund, to require that institutions that obtain coverage under the section have an annual inspection of each state building and its contents, and to establish requirements for insurance obtained by an institution from an authorized insurer or a self-insurance pool; and amends KRS 164A.575 to conform.

Tracking Information

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Title

AN ACT relating to insurance coverage of state property.

Sponsors


Roll Calls

2024-03-27 - House - House: Third Reading RCS# 385 (Y: 92 N: 0 NV: 0 Abs: 8) [PASS]
2024-03-26 - Senate - Senate: Third Reading W/scs1 RSN# 3062 (Y: 38 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-27 - House - House: Third Reading RCS# 154 (Y: 96 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2024-04-04Housesigned by Governor (Acts Ch. 50)
2024-03-28Housedelivered to Governor
2024-03-28Houseenrolled, signed by President of the Senate
2024-03-27Houseenrolled, signed by Speaker of the House
2024-03-27Housepassed 92-0
2024-03-27HouseHouse concurred in Senate Committee Substitute (1)
2024-03-27Houseposted for passage for concurrence in Senate Committee Substitute (1)
2024-03-26Houseto Rules (H)
2024-03-26Housereceived in House
2024-03-26Senate3rd reading, passed 38-0 with Committee Substitute (1)
2024-03-25Senateposted for passage in the Consent Orders of the Day for Tuesday, March 26, 2024
2024-03-22Senate2nd reading, to Rules as a consent bill
2024-03-21Senatereported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
2024-03-08Senateto Banking & Insurance (S)
2024-02-28Senateto Committee on Committees (S)
2024-02-28Senatereceived in Senate
2024-02-27House3rd reading, passed 96-0
2024-02-22Houseposted for passage in the Regular Orders of the Day for Friday, February 23, 2024
2024-02-22House2nd reading, to Rules
2024-02-21Housereported favorably, 1st reading, to Calendar
2024-02-16Houseto Banking & Insurance (H)
2024-02-14Houseto Committee on Committees (H)
2024-02-14Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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