D Kentucky House · District 31 · Former member

Rep. Steve Riggs

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About Rep. Steve Riggs

Former Rep. who served Kentucky District 31. Was a member of the Democratic party.

Sworn in

Closest ally

McKenzie Cantrell

co-sponsored 45 bills together

Recent legislative activity

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HB 323AN ACT relating to crimes affecting insurance. Amend KRS 304.47-020 to make technical corrections, establish range of criminal penalties resulting from conviction of insurance fraud, allow restitution to insurers that have contracted to indemify a victim, remove conviction requirement for creating private cause of action for persons damaged by violation of statute; amend KRS 431.200, 532.032, 532.034, 532.160, 532.350, 533.030, 533.254, and 610.030 to allow restitution to insurers that have contracted to indemnify a victim, amend KRS 439.3107, 439.563, 532.162, 532.356, 532.358, and 446.010 to conform. signed

8 years ago

HB 75AN ACT relating to investments made by local governments. Amend KRS 66.480, relating to investments for local governments, to remove the 20% restriction from securities and to add to the permitted investments local governments may make mutual funds, closed-end, and exchange-traded funds and funds investing in individual preferred stock or equities as long as no more than 7% of the portfolio is composed of individual equities at the time of purchase and qualifying high-quality corporate bonds if the funds are managed by a professional investment advisor; specify that these two additional investment types cannot exceed 20% of the total amount of money invested by the local government; establish an investment limit of 5% of the total amount of money invested in any one issuer unless the issuer is the U.S. government or an agency thereof, or an entity whose obligations are guaranteed by the federal government. vetoed

8 years ago

HB 464AN ACT relating to credit for reinsurance. Amend KRS 304.5-140 to define "NAIC"; allow commissioner of Department of Insurance to promulgate administrative regulations establishing additional requirements for certain reinsurance arrangements; require accredited reinsurers to demonstrate adequate financial capacity; authorize reduction in trusteed surplus for certain assuming insurers maintaining a trust for the payment of reinsurance claims; establish requirements for certain assuming insurers maintaining a trust for the payment of reinsurance claims; establish requirements for assuming insurers that have been certified or seek to be certified as a reinsurer in Kentucky; require the commissioner to publish a list of qualified jurisdictions under which assuming insurers are eligible to be considered for certification as a reinsurer; require the commissioner to assign and publish a list setting forth the rating for each certified reinsurer; authorize the commissioner to suspend or revoke a reinsurer's accreditation or certification and establish due process procedures; establish requirements for the management of a ceding insurer's reinsurance recoverables; allow the commissioner to permit a certified reinsurer to defer posting security for catastrophic recoverables under certain circumstances; include certain exempted assets as acceptable forms of security permitted for certain reinsurance arrangements; authorize commissioner to promulgate administrative regulations; make conforming amendments; EFFECTIVE January 1, 2019. signed

8 years ago

HR 335Condemn remarks made by the Governor concerning teachers. passed

8 years ago

HB 497AN ACT relating to physician assistants. Amend KRS 202A.011 to include physician assistants in the definition of "qualified mental health professional." signed

8 years ago

HR 328Honor Representative Robert Benvenuti III upon his retirement from the House of Representatives. passed

8 years ago

HR 329Honor Representative Addia Wuchner upon her retirement from the House of Representatives. passed

8 years ago

HR 327Honor Representative Scott Wells upon his retirement from the House of Representatives. passed

8 years ago

HR 325Honor Representative Robby Mills upon his retirement from the House of Representatives. passed

8 years ago

HR 322Honor Representative Jim Wayne upon his retirement from the House of Representatives. passed

8 years ago