Introduced
Passed House
Passed Senate
Became law
Last action · March 24, 2025
Signed By Governor (Acts Ch. 67)

Introduced January 9, 2025

House
Signed By Governor
2025 Regular Session

AN ACT relating to insurance.

Amend KRS 304.3-705 to extend the insurance regulatory sandbox program until December 31, 2030; amend KRS 304.3-735 to extend the commissioner's reporting requirement.

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Plain-language summary
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This bill extends Kentucky's insurance regulatory sandbox program, which allows insurance companies to test new or innovative products under relaxed rules, through the end of 2030. It also continues the requirement that the state insurance commissioner report on the program's progress. The extension gives insurers more time to develop and test new offerings while keeping oversight in place. Who it may affect: insurance companies operating in Kentucky and consumers who may encounter new insurance products developed through the program.

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Legislative History

Mar 24, 2025 · House
Signed By Governor (Acts Ch. 67)
Mar 14, 2025 · House
Delivered To Governor (clerical)
Mar 14, 2025 · House
Enrolled, Signed By President Of The Senate
Mar 14, 2025 · House
Enrolled, Signed By Speaker Of The House
Mar 14, 2025 · House
Passed 89-0
Yea: 89
Nay: 0
Absent: 11
Mar 14, 2025 · House
House Concurred In Senate Amendment Committee Substitute (1) And Committee Amendment (1-Title) (clerical)
Mar 14, 2025 · House
Placed In The Orders Of The Day (clerical)
Mar 14, 2025 · House
Taken From Rules (clerical)
Mar 13, 2025 · Senate
3rd Reading, Passed 36-0 With Committee Substitute (1) And Committee Amendment (1-Title)
Yea: 36
Nay: 0
Absent: 2
Feb 18, 2025 · House
3rd Reading, Passed 93-0
Yea: 93
Nay: 0
Absent: 7

Primary Sponsor

View profile
Portrait of Mike Clines

Mike Clines

Representative · House District 068

Primary sponsor
mike.clines@kylegislature.gov

Bill Text Versions

Enacted: Acts chapter (final law)

Most current
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Enrolled (passed both chambers)

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Engrossed (passed one chamber)

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Introduced (original)

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