---
type: "Bill"
title: "AN ACT relating to liability and workers' compensation self-insurance group investments."
description: "Amend KRS 304.48-090 and 304.50-055 to define \"nationally recognized statistical rating organization\" and establish permissible investments for liability self-insurance groups and workers' compensation self-insurance groups."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2022RS"
identifier: "HB 307"
citation: "Kentucky HB 307 (2022RS)"
classification: ["bill"]
subjects: ["Bonds", "Public", "Cities", "Corporations", "Counties", "Insurance", "Local Government", "Local Mandate", "Securities", "State Agencies", "Workers' Compensation"]
status: "enacted"
primary_sponsors: ["B. Rowland", "P. Pratt"]
version_count: 3
action_count: 20
vote_count: 2
first_action: "2022-01-18T05:00:00+00:00"
last_action: "2022-03-30T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/1bc44e92-972d-4cfb-8a3e-49209de17c46"
source_url: "https://apps.legislature.ky.gov/record/22RS/hb307.html"
source_hash: "e70d05096f7e95afe5f2afbe19eeeb65ca5d602789f570ce83dd2ae90313851d"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ky"]
---

# Kentucky HB 307 (2022RS) — AN ACT relating to liability and workers' compensation self-insurance group investments.

Amend KRS 304.48-090 and 304.50-055 to define "nationally recognized statistical rating organization" and establish permissible investments for liability self-insurance groups and workers' compensation self-insurance groups.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb307/orig_bill.pdf)
2. **Acts Chapter 62** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/22RS/documents/0062.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb307/bill.pdf)

## Votes

- PASS HB 307 — **pass** (pass) · lower
- Pass — **pass** (pass) · lower

## Sponsors

- B. Rowland — primary (person)
- P. Pratt — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-01-18T05:00:00+00:00** introduced in House `introduction`
- **2022-01-18T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2022-01-25T05:00:00+00:00** to Banking & Insurance (H) `referral-committee`
- **2022-02-16T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
- **2022-02-17T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2022-02-17T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Friday, February 18, 2022
- **2022-02-22T05:00:00+00:00** 3rd reading, passed 95-0 `passage, reading-3`
- **2022-02-23T05:00:00+00:00** received in Senate
- **2022-02-23T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2022-03-03T05:00:00+00:00** to Banking & Insurance (S) `referral-committee`
- **2022-03-15T04:00:00+00:00** reported favorably, 1st reading, to Consent Calendar `committee-passage`
- **2022-03-16T04:00:00+00:00** 2nd reading, to Rules as a consent bill `reading-2`
- **2022-03-17T04:00:00+00:00** posted for passage in the Consent Orders of the Day for Wednesday, March 23, 2022
- **2022-03-23T04:00:00+00:00** passed over and retained in the Consent Orders of the Day `passage`
- **2022-03-24T04:00:00+00:00** 3rd reading, passed 38-0 `passage, reading-3`
- **2022-03-25T04:00:00+00:00** received in House
- **2022-03-25T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2022-03-25T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2022-03-25T04:00:00+00:00** delivered to Governor
- **2022-03-30T04:00:00+00:00** signed by Governor (Acts Ch. 62) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1bc44e92-972d-4cfb-8a3e-49209de17c46`. Confidence: reported (aggregated from official Kentucky legislature records).