HB 317 Kentucky House · 2018 Regular Session

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
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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

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