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signed · Kentucky · House Apr 9, 2024

HB 726: AN ACT relating to the regulation of financial institutions.

Amend various sections of Subtitles 1, 2, and 3 of KRS Chapter 286, the financial services code, to consolidate statutes; make technical corrections; make numerous revisions to the required banking experience of the financial institutions commissioner; the Financial Institutions Board; prohibited practices of financial institution examiners; application of chapter to national bank or federal savings association operating subsidiaries; examination of safe deposit boxes; transaction of business by foreign financial institutions; banking definitions; the transaction of banking or trust business in this state; state bank and trust company charter requirements; national bank parity authorizations; state bank investment powers; amend KRS 286.3-095 to require reporting for changes in control of bank holding companies that own a state bank; amend KRS 286.3-145 to modify the requirements for state trust companies doing business outside of Kentucky; amend KRS 286.3-146 to modify the requirements for out-of-state trust companies to do business in Kentucky; amend KRS 286.3-690 to permit the commissioner to remove a bank employee from office; amend various Subtitle 3 of KRS Chapter 286 relating to the definition of a receivership court for an insolvent bank; national bank to state bank conversions; state bank branching powers; bank holidays; pledges of bank assets; bank dividends, bank acquisitions, bank concentration limits; interstate merger transactions; out-of-state bank powers; and banking code penalties; create new sections of Subtitles 2 and 3 of KRS Chapter 286 to establish rules of application and interpretation, and establish regulatory authority of the commissioner; amend various sections to conform; repeal various sections within Subtitles 1, 2, and 3 of KRS Chapter 286 relating to financial institution commissioner appointments, improperly influencing real estate appraisals, financial institution definitions, foreign financial institutions, banking business powers; bank officers and directors; capital requirements for banks and trust companies; bank branch requirements; installment loans, educational loans to minors, and revolving credit plans; repeal Subtitle 5 of KRS Chapter 286, relating to the chartering and regulation of state savings and loan associations, except provision relating to transacting of business by out-of-state savings and loan associations; repeal Subtitles 7 and 10 of KRS Chapter 286, relating to the licensing and regulation of industrial loan corporations and title pledge lending; repeal KRS 365.205, relating to printing requirements for personal checks; provide for the initial and staggered appointments to the Financial Institutions Board.
Michael Meredith (R)
signed · Kentucky · House Apr 9, 2024

HB 488: AN ACT relating to legal instruments.

Amend KRS 382.297 to establish when a county clerk shall admit any amendment, renewal, modification, or extension of a recorded mortgage to record; establish when a county clerk shall admit affidavits of amendment prepared and executed by an attorney to record; establish recording requirements and construction of section; amend KRS 413.100 to establish when a promise, acknowledgment, or payment of money operates as an extension of a lien in a recorded mortgage or deed; establish recording requirements for extension.
Michael Meredith (R)
signed · Kentucky · House Apr 9, 2024

HB 436: AN ACT relating to guardians ad litem.

Create a new section of KRS Chapter 456 to require appointment of a guardian ad litem for any unrepresented minor who is a party to the action or on behalf of whom a petition for an interpersonal protective order has been filed; create a new section of KRS Chapter 403.715 to 403.785 to require appointment of a guardian ad litem for any unrepresented minor who is a party to the action or on behalf of whom a petition for an emergency protective order or domestic violence order has been filed; establish protocols for proceeding against minor respondents who violate an order of protection; amend KRS 26A.140 to state that the guardians ad litem shall be paid a fee by the Finance and Administration Cabinet and fixed by the court.
Stephanie Dietz (R) Kim Moser (R)
signed · Kentucky · House Apr 9, 2024

HB 277: AN ACT relating to the public defender system and declaring an emergency.

Create a new section of KRS Chapter 31 to transfer employees of the Louisville and Jefferson County Public Defender Corporation (Louisville Metro Public Defender) to the Department of Public Advocacy (DPA) on July 1, 2024, and to provide employment and retirement benefits to the transferred employees based on their employment date with the Louisville Metro Public Defender; define "membership date" for Louisville Metro Public Defender employees transferring to the Kentucky Employees Retirement System (KERS); create past service purchase exceptions for transferred employees participating in a state-administered retirement system prior to January 1, 2014, or employed by the Louisville Metro Public Defender prior to January 1, 2014 (Tier 1 and Tier 2 only); create a one-year window between July 1, 2024, and July 1, 2025, for transferred employees (Tier 1 and Tier 2) to purchase service with the Louisville Metro Public Defender without the requirement to be vested in KERS; require past years of service purchased by transferred employees to be used to determine eligibility for and the amount of retirement benefits, including disability and early retirement, and health benefits under KRS 61.702 or 78.5536, except the health insurance benefits for this service purchase will be subject to funding of the actuarial cost of the benefit in the executive branch budget; transfer leases and contracts in the name of the Louisville Metro Public Defender to DPA, and waive liability of DPA under any legal theory or for any act, omission, or negligence by or on behalf of the Louisville Metro Public Defender; amend KRS 15A.020 to add new divisions to the organization of DPA; amend KRS 18A.115 to transfer the employees of the Louisville Metro Public Defender to the state personnel system; amend KRS 61.510 to change the definition of "membership date" in KERS as applied to Louisville Metro Public Defender employees transferring to DPA; amend KRS 61.552 allow DPA to pay a portion of the cost for the purchase of service with the Louisville Public Defender by transferred employees (Tier 1 or Tier 2) who purchase the service credit before July 1, 2025, subject to funding in the executive branch budget, and make conforming changes; amend KRS 61.557 to conform; provide that the Act will be RETROACTIVE to employees of the Louisville Metro Public Defender hired to leadership or supervisory roles within DPA between October 1, 2023, and July 1, 2024; EMERGENCY.
Jason Nemes (R)
signed · Kentucky · House Apr 9, 2024

HB 186: AN ACT relating to fiscal impacts of health insurance mandates and declaring an emergency.

Create a new section of subtitle 17A of KRS Chapter 304 to exempt qualified health plans from insurance laws that result, or would result, in a determination that the state must make payments to defray the cost of the requirements under federal law; require the Department of Insurance to apply for a waiver of any cost defrayal requirements.
Jason Petrie (R) Michael Meredith (R)
signed · Kentucky · House Apr 9, 2024

HB 498: AN ACT relating to insurance financial standards.

Amend KRS 304.6-134 to modify exemptions from KRS 304.6-143 and 304.6-151; amend KRS 304.37-020 to allow the commissioner of insurance to establish a timeframe for insurers to report material changes or additions to registrations; amend KRS 304.5-140 to limit the definition of reciprocal jurisdiction in certain provisions; except certain provisions to the extent that the provisions conflict with a covered agreement.
Sarge Pollock (R)
signed · Kentucky · House Apr 9, 2024

HB 418: AN ACT relating to agricultural districts.

Amend KRS 262.850 to decrease the minimum number of acres to qualify as an agricultural district from 250 acres to 50 acres; add cities that are within one mile of the agricultural district to the list of entities to be notified of the proposal, approval, and withdrawal of property from, an agricultural district; allow a district board of supervisors of supervisors to consider possible dissolution of an agricultural district if an owner's withdrawal of property results in the remaining land no longer qualifying as agricultural land.
signed · Kentucky · House Apr 9, 2024

HB 619: AN ACT relating to terms of imprisonment.

Amend KRS 532.110 to allow the aggregate of consecutive indeterminate terms to exceed the longest extended term authorized by KRS 532.080 where a person convicted of a felony is convicted of or enters a guilty plea to an additional felony committed while on parole, probation, shock probation, or conditional discharge, or where the person is convicted of or enters a guilty plea to an offense committed while awaiting trial for another offense.
Scott Sharp (R) Nick Wilson (R) Deanna Gordon (R)
signed · Kentucky · House Apr 9, 2024

HB 535: AN ACT relating to civic education.

Amend KRS 158.141 to require, beginning with the freshman class of 2025-2026, a one-half credit course in civic literacy for graduation, including early graduation; provide a list of required topics to be taught in a civic literacy course; require the Kentucky Board of Education to promulgate administrative regulations establishing the academic standards for civic literacy.
Scott Lewis (R) Shawn McPherson (R) Scott Sharp (R) Robert Duvall (R) James Tipton (R)
Showing 445 to 456 of 1,952 bills
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