AN ACT relating to contracts. Amend KRS 360.010 to specify when parties are bound to interest rate in contract and the interest rate parties are entitled to receive after default; create a new section of KRS Chapter 371 to specify that an obligation to pay or satisfy a debt is not extinguished by any action taken by a creditor for the purposes of the creditor's own financial, tax, or accounting records or affairs.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2018
Committee Review
Feb 2018
House Passage
Mar 2018
Senate Passage
Mar 2018
Signed into Law
Apr 2018
Introduced Feb 14, 2018
Signed Apr 10, 2018
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
19
Key actions
3
Committee
3
Apr 10, 2018
Signed into law
Signed by Governor (Acts, ch. 140)
lower
Mar 22, 2018
Lower · Passed
Passed over and retained in the Orders of the Day
lower
Feb 28, 2018
Committee
To Banking & Insurance (S)
upper
Feb 16, 2018
Lower · Passed
Posted in committee
lower
Feb 16, 2018
Committee
To Banking & Insurance (H)
lower
Feb 14, 2018
Introduced
Introduced in House
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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