HB 147 (BR 898) - B. Farmer, J. Tilley
AN ACT relating to the Kentucky Department of Veterans' Affairs acting as a fiduciary.
Amend KRS 40.310 to require the Department of Veterans' Affairs to promulgate administrative regulations to implement certain fiduciary duties; amend KRS 388.190 to define "person"; create a new section of KRS Chapter 388 to permit the Department of Veterans' Affairs to act as a guardian or a conservator for a disabled veteran or the minor child of a veteran; amend KRS 388.220 and 388.230 to conform; amend KRS 388.270 to provide that bond shall not be required when the department acts as a guardian or a conservator; amend KRS 388.300 to require that the department receive compensation as a guardian or a conservator consistent with the federal guidelines; prohibit the department from receiving compensation in excess of that allowed under state law.
(Prefiled by the sponsor(s).)
Jan 8-introduced in House
Jan 9-to Seniors, Military Affairs, & Public Safety (H)
Mar 10-posted in committee