05RS HB294

HB294

WWW Version

NOTE: The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.


HB 294 (BR 238) - S. Westrom, R. Damron, S. Brinkman, R. Crimm

     AN ACT relating to the business of debt adjusting.
     Amend KRS 380.010 to delete the definition of "debt adjuster" and "debtor" and define "person," "debt adjusting," and "reside"; create new sections of KRS Chapter 380 to establish the requirements for debt adjusting and require the Attorney General to promulgate administrative regulations to implement and enforce KRS Chapter 380; amend KRS 380.030 to conform; amend KRS 380.990 to provide penalties for violations of this Act; repeal KRS 380.020.

HB 294 - AMENDMENTS


     HCA (1, B. Yonts) - Retain original provisions of the bill, except to require that persons engaging in debt adjusting pay an initial registation fee of $250 and renew registration annually thereafter for a fee of $250.

     Feb 3-introduced in House
     Feb 4-to Labor and Industry (H)
     Feb 7-posted in committee; posting waived
     Feb 8-reported favorably, 1st reading, to Calendar with committee amendment (1)
     Feb 9-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, February 10, 2005
     Feb 14-3rd reading, passed 92-0 with committee amendment (1)
     Feb 15-received in Senate
     Feb 18-to Banking and Insurance (S)
     Feb 24-reported favorably, 1st reading, to Calendar
     Feb 25-2nd reading, to Rules
     Mar 1-posted for passage in the Regular Orders of the Day for Wednesday, March 2, 2005
     Mar 2-3rd reading, passed 37-0; received in House
     Mar 3-enrolled, signed by each presiding officer; delivered to Governor
     Mar 8-signed by Governor (Acts ch. 38)


Kentucky Legislature Home Page | Record Front Page