08RS HB272
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HB272

08RS

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.


HB 272 (BR 217) - R. Meeks, D. Owens, L. Belcher, T. Riner, R. Weston

     AN ACT relating to high-cost home loans.
     Amend KRS 360.100 pertaining to high-cost home loans to delete the provision placing a cap on prepayment penalties; declare it is unlawful for any lender making a mortgage loan under this section, directly or indirectly, to make, provide, or arrange for a residential mortgage loan that requires a borrower to pay a prepayment penalty for paying all or part of the principal prior to maturity.

     Jan 10-introduced in House
     Jan 15-to Banking & Insurance (H)


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