AN ACT relating to proprietary education. Repeal and reenact KRS 165A.310, relating to proprietary education, to delete outdated definitions and add definition of "license"; amend KRS 165A.330 to require renewal applications to be filed annually 45 days prior to the expiration date; amend KRS 165A.340 to require a biennial audit of the commission; expand the advertising requirements to be administered by the commission; delete the requirement for the commission to monitor programs and courses offered by licensed institutions; amend KRS 165A.370 to revise the minimum standards for licensure of proprietary schools; amend various sections of KRS Chapter 165A to conform.