AN ACT relating to deferred deposit transactions. Create a new section of Subtitle 9 of KRS Chapter 286 to establish definitions for "available resources," "expenses," and "relevant period"; require deferred deposit service business licensees to verify a customer's available resources and expenses during each relevant period; prohibit licensees from entering into a deferred deposit transaction if the licensee determines that a customer's expenses exceed a customer's available resources during any relevant period.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2018
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2018
Last action Feb 8, 2018
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 8, 2018
Committee
To Banking & Insurance (H)
lower
Feb 6, 2018
Introduced
Introduced in House
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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