KY HB239 | 2021 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on January 9 2021 - 25% progression, died in committee
Action: 2021-01-09 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2021 - 25% progression, died in committee
Action: 2021-01-09 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establish Subtitle 12 of KRS Chapter 286 and create sections thereof; define terms; establish licensing requirements for certain student loan servicers; establish requirements for student loan servicing activities; require student loan servicers to comply with applicable state and federal law; establish fines for violations of the subtitle; establish a private right of action for violations of the subtitle; permit the commissioner to monitor risk to consumers relating to servicing student loans; require the commissioner to designate a student loan ombudsman; set forth requirements for student loan ombudsman; state that provisions of this Act shall be severable.
Title
AN ACT relating to student loan servicers.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-01-09 | House | to Committee on Committees (H) |
2021-01-09 | House | introduced in House |
Subjects
Administrative Regulations and Proceedings
Banks and Financial Institutions
Education, Finance
Education, Higher
Federal Laws and Regulations
Licensing
Reports Mandated
State Agencies
Banks and Financial Institutions
Education, Finance
Education, Higher
Federal Laws and Regulations
Licensing
Reports Mandated
State Agencies
Kentucky State Sources
Type | Source |
---|---|
Summary | https://apps.legislature.ky.gov/record/21RS/hb239.html |
Text | https://apps.legislature.ky.gov/recorddocuments/bill/21RS/hb239/orig_bill.pdf |