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Create a new section of KRS Chapter 299 to establish procedures and authorization by the commissioner of insurance for the voluntary dissolution of certain companies transacting the business of insurance upon the cooperative or assessment plan; amend KRS 304.50-010 to prohibit the commissioner from authorizing additional workers' compensation self-insured groups on and after the effective date of the Act; amend KRS 342.350 to conform.
Introduced
Jan 8, 2026
Last Action
Apr 10, 2026
Session
KY 2026RS
Sponsors
3 primary · 0 co
signed by Governor
delivered to Governor
enrolled, signed by President of the Senate
enrolled, signed by Speaker of the House
passed 94-0
House concurred in Committee Substitute (1)
posted for passage for concurrence in Senate Committee Substitute (1)
3rd reading, passed 37-0 with Committee Substitute (1)
to Rules (H)
received in House
passed over and retained in the Consent Orders of the Day
posted for passage in the Consent Orders of the Day for Thursday, March 19 2026
2nd reading, to Rules as a consent bill
reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
to Banking & Insurance (S)
to Committee on Committees (S)
received in Senate
3rd reading, passed 95-0
posted for passage in the Regular Orders of the Day for Tuesday, January 20, 2026
2nd reading, to Rules
reported favorably, 1st reading, to Calendar
to Banking & Insurance (H)
to Committee on Committees (H)
introduced in House
HB 265 was introduced on Jan 8, 2026 by M. Meredith in KY session 2026RS. It is currently signed. Most recent action on Apr 10, 2026: signed by Governor.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
signed by Governor
M. Meredith
E. Hancock
D. Grossberg