HB 49 (BR 265) - M. Denham
AN ACT relating to the Kentucky Higher Education Student Loan Corporation educational loan program.
Amend KRS 164A.240 to allow the Kentucky Higher Education Student Loan Corporation to establish an administrative garnishment process for the collection of defaulted educational loans made pursuant to KRS 164A.240(2)(a); limit the garnishment amount to 10% of disposable pay.
HB 49 - AMENDMENTS
HCS - Retain original provisions; add definition of "disposable pay"; require the garnishment process to begin no sooner than 180 days after failure to make payments; make technical corrections.
(Prefiled by the sponsor(s).)
Jan 8-introduced in House; to Education (H)
Feb 6-posted in committee
Feb 12-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Feb 13-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, February 15, 2013
Feb 15-3rd reading, passed 94-0-1 with Committee Substitute
Feb 19-received in Senate
Feb 21-to Education (S)
Feb 28-reported favorably, 1st reading, to Consent Calendar
Mar 1-2nd reading, to Rules
Mar 5-posted for passage in the Consent Orders of the Day for Tuesday, March 5, 2013; 3rd reading, passed 37-0; received in House
Mar 6-enrolled, signed by Speaker of the House
Mar 11-enrolled, signed by President of the Senate; delivered to Governor
Mar 19-signed by Governor (Acts Chapter 28)