5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
84 lines
6.7 KiB
Markdown
84 lines
6.7 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT relating to insurance regulatory requirements."
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description: "Amend KRS 304.2-205 and KRS 304.3-240 to require electronic filings; amend KRS 304.2-230 to add analysts to insurance examination provisions; amend KRS 304.5-140 to provide additional authority for the insurance commissioner relating to the assuming insurer list; amend KRS 304.6-134 to remove requirement that a domestic company report total adjusted capital of at least 450% of authorized control level risk-based capital in order to qualify for an exemption from NAIC valuation manual standards; amend KRS 304.17A-300 to terminate the issuance of certificates of filing for provider-sponsored integrated health delivery networks; amend KRS 304.37-010 to modify definition of \"commissioner\" and add definition for \"NAIC\"; amend KRS 304.37-020 to add definitions; require certain insurance holding company systems to file an annual group capital calculation with a lead state insurance commissioner; require certain insurance holding company systems scoped into the NAIC Liquidity Stress Test Framework to file liquidity stress test results with a lead state insurance commissioner; amend KRS 304.37-050 to modify confidentiality provisions relating to documents, materials, or other information in the possession of the insurance commissioner; add confidentiality provisions for group capital calculations and liquidity stress test results; make technical amendments throughout."
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jurisdiction: "us/states/ky"
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legislature: "Kentucky General Assembly"
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session: "2022RS"
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identifier: "HB 350"
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citation: "Kentucky HB 350 (2022RS)"
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classification: ["bill"]
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subjects: ["Administrative Regulations and Proceedings", "Insurance", "Insurance", "Health", "International Trade and Relations", "Interstate Cooperation", "Reports Mandated", "State Agencies", "Technical Corrections"]
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status: "enacted"
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primary_sponsors: ["J. Gooch Jr."]
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version_count: 3
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action_count: 23
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vote_count: 3
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first_action: "2022-01-24T05:00:00+00:00"
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last_action: "2022-04-08T04:00:00+00:00"
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source: "openstates"
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source_identifier: "ocd-bill/de441d06-65c2-4495-acfb-3a00f759fc78"
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source_url: "https://apps.legislature.ky.gov/record/22RS/hb350.html"
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source_hash: "fc74bba13f690a6faf96872664bf1eedbb7dcd7fc0ad7893d6c3285fcd18869f"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ky"]
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---
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# Kentucky HB 350 (2022RS) — AN ACT relating to insurance regulatory requirements.
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Amend KRS 304.2-205 and KRS 304.3-240 to require electronic filings; amend KRS 304.2-230 to add analysts to insurance examination provisions; amend KRS 304.5-140 to provide additional authority for the insurance commissioner relating to the assuming insurer list; amend KRS 304.6-134 to remove requirement that a domestic company report total adjusted capital of at least 450% of authorized control level risk-based capital in order to qualify for an exemption from NAIC valuation manual standards; amend KRS 304.17A-300 to terminate the issuance of certificates of filing for provider-sponsored integrated health delivery networks; amend KRS 304.37-010 to modify definition of "commissioner" and add definition for "NAIC"; amend KRS 304.37-020 to add definitions; require certain insurance holding company systems to file an annual group capital calculation with a lead state insurance commissioner; require certain insurance holding company systems scoped into the NAIC Liquidity Stress Test Framework to file liquidity stress test results with a lead state insurance commissioner; amend KRS 304.37-050 to modify confidentiality provisions relating to documents, materials, or other information in the possession of the insurance commissioner; add confidentiality provisions for group capital calculations and liquidity stress test results; make technical amendments throughout.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb350/orig_bill.pdf)
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2. **Acts Chapter 133** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/22RS/documents/0133.pdf)
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3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb350/bill.pdf)
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## Votes
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- Final Passage — **pass** (pass) · lower
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- Pass — **pass** (pass) · lower
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- PASS HB 350 w/ scs1 — **pass** (pass) · lower
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## Sponsors
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- J. Gooch Jr. — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-01-24T05:00:00+00:00** introduced in House `introduction`
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- **2022-01-24T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
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- **2022-01-25T05:00:00+00:00** to Banking & Insurance (H) `referral-committee`
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- **2022-02-23T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
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- **2022-02-24T05:00:00+00:00** 2nd reading, to Rules `reading-2`
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- **2022-02-24T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Friday, February 25, 2022
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- **2022-03-02T05:00:00+00:00** 3rd reading, passed 98-0 `passage, reading-3`
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- **2022-03-03T05:00:00+00:00** received in Senate
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- **2022-03-03T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
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- **2022-03-10T05:00:00+00:00** to Banking & Insurance (S) `referral-committee`
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- **2022-03-22T04:00:00+00:00** reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1) `committee-passage`
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- **2022-03-23T04:00:00+00:00** 2nd reading, to Rules as a consent bill `reading-2`
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- **2022-03-24T04:00:00+00:00** posted for passage in the Consent Orders of the Day for Friday, March 25, 2022
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- **2022-03-25T04:00:00+00:00** 3rd reading, passed 34-0 with Committee Substitute (1) `passage, reading-3`
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- **2022-03-25T04:00:00+00:00** received in House
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- **2022-03-25T04:00:00+00:00** to Rules (H) `referral-committee`
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- **2022-03-29T04:00:00+00:00** posted for passage for concurrence in Senate Committee Substitute (1)
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- **2022-03-29T04:00:00+00:00** House concurred in Senate Committee Substitute (1)
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- **2022-03-29T04:00:00+00:00** passed 93-0 `passage`
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- **2022-03-30T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
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- **2022-03-30T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
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- **2022-03-30T04:00:00+00:00** delivered to Governor
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- **2022-04-08T04:00:00+00:00** signed by Governor (Acts Ch. 133) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/de441d06-65c2-4495-acfb-3a00f759fc78`. Confidence: reported (aggregated from official Kentucky legislature records).
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