HB 123 (BR 144) - T. Firkins, R. Damron, B. Farmer, R. Henderson, C. Hoffman, D. Horlander, J. Jenkins, D. Keene, T. Kerr, A. Koenig, M. Marzian, C. Miller, R. Palumbo, T. Riner, S. Santoro, C. Siler, J. Stewart III, S. Westrom, B. Yonts
AN ACT relating to contracts.
Create a new section of KRS Chapter 367 to require that consumer contracts with an automatic renewal clause have the clause conspicuously displayed in the contract; require that notice of an upcoming renewal period be sent to the consumer; provide enforcement by the Attorney General.
HB 123 - AMENDMENTS
HCS - Amend to exempt insurance contracts, issuers, insurance agents, broker-dealers, industrial loan companies, finance or credit companies, and contracts allowing cancellation at any time with 30 days' notice from the consumer from coverage under the bill.
(Prefiled by the sponsor(s).)
Jan 5-introduced in House; to Labor & Industry (H)
Jan 14-posted in committee
Feb 11-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Feb 12-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Wednesday, February 17, 2010
Feb 17-3rd reading, passed 98-0 with Committee Substitute
Feb 18-received in Senate
Feb 22-to Judiciary (S)