AN ACT relating to regulatory authorizations by the commissioner of insurance.
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.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2026
Committee Review
Mar 2026
House Passage
Mar 2026
Senate Passage
Mar 2026
Signed into Law
Apr 2026
Introduced Jan 8, 2026
Signed Apr 10, 2026
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Current/Final
·
3 edits
MINOR
The bill was updated from a draft version to its final engrossed form, incorporating specific effective dates and clarifying the rules for workers' compensation self-insured groups. The most significant policy change is the establishment of a sunset date of July 15, 2027, after which the commissioner can no longer authorize new self-insured groups. Additionally, groups authorized before this date are granted a temporary extension to continue operating until that deadline.
Scope change
The scope of the bill was narrowed regarding future authorizations; while existing groups can continue operating, the ability to create new self-insured groups is now limited by a specific end date.
TIMELINE
Added a specific effective date of July 15, 2027, which serves as the deadline for authorizing new self-insured groups and the expiration date for existing ones.
ELIGIBILITY
Clarified that self-insured groups authorized before July 15, 2027, may continue to operate, while prohibiting the commissioner from authorizing any new groups on or after that date.
TECHNICAL
Updated document headers and page footers to reflect the final engrossed status and revised tracking numbers.
Floor votes · House Jan 20, 2026
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
24
Key actions
11
Committee
9
Apr 10, 2026
Signed into law
signed by Governor (Acts Ch. 84)
lower
Mar 31, 2026
Upper · Passed
enrolled, signed by President of the Senate
upper
Mar 31, 2026
Lower · Passed
enrolled, signed by Speaker of the House
lower
Mar 31, 2026
Lower · Passed
passed 94-0
lower
Mar 31, 2026
Lower · Passed
House concurred in Committee Substitute (1)
lower
Mar 27, 2026
Lower · Passed
posted for passage for concurrence in Senate Committee Substitute (1)
lower
Mar 20, 2026
Committee
to Rules (H)
lower
Mar 20, 2026
Lower · Passed
3rd reading, passed 37-0 with Committee Substitute (1)
lower
Mar 19, 2026
Lower · Passed
passed over and retained in the Consent Orders of the Day
lower
Mar 17, 2026
Lower · Passed
reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
lower
Mar 13, 2026
Committee
to Banking & Insurance (S)
upper
Jan 21, 2026
Committee
to Committee on Committees (S)
upper
Jan 20, 2026
Lower · Passed
3rd reading, passed 95-0
lower
Jan 14, 2026
Lower · Passed
reported favorably, 1st reading, to Calendar
lower
Jan 12, 2026
Committee
to Banking & Insurance (H)
lower
Jan 8, 2026
Committee
to Committee on Committees (H)
lower
Jan 8, 2026
Introduced
introduced in House
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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