Banking and Insurance Committee, Kentucky General Assembly

From Ballotpedia
Jump to: navigation, search
Kentucky State Legislature
SLP badge.png
Joint Committees

AgricultureAppropriations and Revenue
Banking and Insurance
Economic Development and Tourism
EducationEnergy
Health and WelfareJudiciary
Labor and IndustryLocal Government
Licensing and Occupations
Natural Resources and Environment
State GovernmentTransportation
Veterans, Military Affairs and Public Protection

Senate Committees
House Committees

The Banking & Insurance Committee is an interim joint committee of the Kentucky General Assembly.


To provide a continuity of study and action between sessions, interim joint committees are formed from the standing committees of both houses. For instance, the Education Committee of the Senate and the Education Committee of the House become the Interim Joint Committee on Education after the regular session.

Interim committees, besides discussing and studying issues in-depth, draft and approve bills for prefiling for the next regular session. This enables bills to be introduced at the beginning of the session and standing committees to become active immediately. All interim committees, which are actually subcommittees of the Legislative Research Commission (LRC), are open to the public and the press so the people have an opportunity to express views on areas the proposed legislation will affect.[1][2]

Function

The Banking and Insurance Committee studies "matters pertaining to banking; banks and trust companies; petty loan companies; building and loan associations; credit unions; investment companies; industrial loan corporations; securities; Blue Sky Law; mortgage guaranty insurance; assessment and cooperative insurance; fraternal benefit societies; hospital service corporations; burial associations; medical and dental service corporations; life, accident, indemnity, and other forms of insurance; stock and mutual insurance companies; banking and insurance aspects of the Uniform Commercial Code; interest and usury; pawnbrokers; private credit; consumer credit; sale of checks; installment sales contracts; legal investments; principal and income."[3]

Membership

2011-2012

The following table describes committee membership for the 2011 legislative session.

2009-2010

The following table describes committee membership for the 2009 legislative session.

External links

References

  1. Kentucky State Legislature, "Interim Committees," accessed January 31, 2014
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
  3. Kentucky State Legislature, "Banking and Insurance Committee," accessed January 31, 2014