KY HB332 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 22 2024 - 25% progression, died in committee
Action: 2024-01-22 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create a new section of KRS Chapter 367 to define terms; provide that an earned wage advance transaction shall not be deemed a loan; establish maximum consideration for earned wage advance transactions; prohibit soliciting or accepting any gift or gratuity in connection with an earned wage advance transaction; make violation an unfair, false, misleading, or deceptive trade practice in violation of KRS 367.170; establish remedies; authorize enforcement by the Attorney General; authorize the Attorney General to promulgate administrative regulations.

Tracking Information

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Title

AN ACT relating to earned wage advances.

Sponsors


History

DateChamberAction
2024-01-22Houseto Committee on Committees (H)
2024-01-22Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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