04RS HB471


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HB 471/LM/CI (BR 1379) - T. Thompson, R. Meeks, R. Palumbo

     AN ACT relating to consumer protection.
     Create new sections of KRS Chapter 367 to define certain terms; prohibit price gouging during a state of emergency; permit the Attorney General to enforce the Act; establish criminal penalties for violation of the Act.


     HCS/LM/CI - Retain original provisions of bill, except delete the term "Local emergency" and its definition, and delete references to local emergency and local governing body.

     SCS - Permit the Governor, following the declaration of a state of emergency, to implement the Act's provisions; prohibit a person during an emergency from charging for a listed good or service a price grossly in excess of the price prior to the emergency; require the Division of Emergency Management to notify the public of the Governor's implementation of the Act's provisions; delete the criminal penalties; establish civil fines of not more than $5,000 for the first violation and not more than $10,000 for each subsequent violation.

     SFA (1, T. Buford) - Amend KRS 360.100 pertaining to high-cost home loans to delete the provision prohibiting a lender of such loans from financing single premium credit life, credit accident, credit health, credit disability, or credit loss of income insurance.

     Feb 6-introduced in House
     Feb 9-to Judiciary (H)
     Feb 17-posted in committee; posting waived
     Feb 18-reported favorably, 1st reading, to Calendar with Committee Substitute
     Feb 19-2nd reading, to Rules
     Feb 23-posted for passage in the Regular Orders of the Day for Tuesday, February 24, 2004
     Feb 26-3rd reading, passed 91-0 with Committee Substitute
     Feb 27-received in Senate
     Mar 3-to Judiciary (S)
     Mar 23-taken from committee; 1st reading; returned to Judiciary (S)
     Mar 24-Reported favorably, 2nd reading, to Rules
     Mar 25-floor amendment (1) filed to Committee Substitute
     Mar 26-posted for passage in the Regular Orders of the Day for Friday, March 26, 2004
     Apr 13-3rd reading; floor amendment (1) withdrawn ; passed 38-0 with Committee Substitute; received in House; to Rules (H); taken from Rules committee; posted for passage for concurrence in Senate Committee Substitute ; House concurred in Senate Committee Substitute ; passed 92-2; enrolled, signed by each presiding officer; delivered to Governor
     Apr 22-signed by Governor (Acts ch. 156)

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