On Mar. 15, 2025, KNY LEG reported governor approved and signed bill, Acts Ch. 12.
Effective 90 days after the official end of the session, expected to end Mar. 28, 2025.
On Mar. 12, KNY LEG passed bill re certain vehicle business licensees.
Senate passed SB 18 relating to insurance requirements for vehicle business licensees.
Amends KNY INS 190.033, Insurance or bond required of licensees -- Exemption.
Allows certain vehicle business licensees to obtain required bond or insurance policy from a nonadmitted insurer (KNY INS 304.10-030) for issuance, renewal of license.
Legislative History
On Jan. 7, 2025, bill introduced in Senate; On Feb. 18, 2025, bill passed the Senate.
On Mar. 5, 2025, bill introduced in the House; On Mar. 11, 2025, bill passed the House.
On Mar. 12, 2025, bill enrolled, delivered to Governor, awaiting Governor action.
Effectiveness
Bill becomes effective 90 days after the official end of the session.
Mar. 15, 2025 KNY LEG Governor Approval
On Mar. 15, 2025, KNY LEG reported governor approved and signed bill, Acts Ch. 12.
Effective 90 days after the official end of the session, expected to end Mar. 28, 2025.
