HB 529 (BR 1758) - J. Gooch Jr
AN ACT relating to late payments on loans or extensions of credit.
Create a new section of KRS Chapter 367 to prohibit a lender or creditor from making an adverse report to a consumer reporting agency that a person is late on a payment on its account if the payment is received or postmarked no later than the thirtieth day after the scheduled payment due date; declare a violation of this Act to be an unfair, false, misleading, or deceptive act or practice.
Feb 16-introduced in House
Feb 21-to Banking & Insurance (H)
Feb 26-posted in committee
Mar 7-reported favorably, 1st reading, to Calendar
Mar 8-2nd reading, to Rules