2022 Regular Session • Kentucky Legislature
HB171: AN ACT relating to delinquency proceedings involving insurer-members of federal home loan banks.
Legislative Summary
Amend KRS 304.33-030 to define terms and make technical corrections; create a new section of Subtitle 33 of KRS Chapter 304 for insurer delinquency proceedings relating to federal home loan bank security interests; amend KRS 304.33-050 and 304.33-170 to conform; amend KRS 304.33-240 to prohibit a liquidator from disavowing, rejecting, or repudiating certain security interests of federal home loan banks; amend KRS 304.33-290 to except certain transfers, or obligation to transfer, from insurer-members to federal home loan banks from being deemed fraudulent and avoidable; amend KRS 304.33-310 to prohibit a liquidator from avoiding preference under, or in connection with, certain federal home loan bank security interests.
Bill History
12/10/2021
Prefiled by the sponsor(s).
House of Representatives
1/4/2022
introduced in House
House of Representatives
1/18/2022
to Banking & Insurance (H)
House of Representatives
1/19/2022
reported favorably, 1st reading, to Calendar
House of Representatives
1/20/2022
2nd reading, to Rules
House of Representatives
1/21/2022
posted for passage in the Regular Orders of the Day for Monday, January 24, 2022
House of Representatives
1/24/2022
3rd reading, passed 89-0
House of Representatives
1/25/2022
received in Senate
Senate
1/25/2022
to Committee on Committees (S)
Senate
1/27/2022
to Banking & Insurance (S)
Senate
3/1/2022
reported favorably, 1st reading, to Consent Calendar
Senate
3/2/2022
2nd reading, to Rules as a consent bill
Senate
3/17/2022
posted for passage in the Consent Orders of the Day for Tuesday, March 22, 2022
Senate
3/22/2022
passed over and retained in the Consent Orders of the Day
Senate
3/23/2022
3rd reading, passed 37-0
Senate
3/24/2022
received in House
House of Representatives
3/24/2022
enrolled, signed by Speaker of the House
House of Representatives
3/24/2022
enrolled, signed by President of the Senate
House of Representatives
3/24/2022
delivered to Governor
House of Representatives
3/30/2022
signed by Governor (Acts Ch. 61)
House of Representatives
Roll Call Votes
Senate: Third Reading RSN# 2197
3/23/2022
37
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
House: Third Reading RCS# 43
1/24/2022
89
Yea
0
Nay
0
Not Voting
10
Absent
Result: PASSED
Status Information
Current Status
Passed(3/30/2022)
Chamber
House of Representatives
Sine Die
Sponsors
Republican: 1
Primary Sponsor
Joseph Fischer
Republican