Bill > SB30

This bill creates new sections in the Kentucky Revised Statutes (KRS) Chapter 365 to regulate automatic renewal offers and continuous service offers. The key provisions of the bill are: 1. Defines important terms like "automatic renewal," "automatic renewal offer terms," "clear and conspicuous," "consumer," and "continuous service." 2. Requires businesses to clearly and conspicuously present the automatic renewal or continuous service offer terms to consumers before the purchase, obtain the consumer's affirmative consent, and provide an acknowledgment that includes the terms, cancellation policy, and how to cancel. 3. Requires businesses to provide an easy-to-use mechanism for consumers to cancel, including the ability to cancel online if the service was purchased online. 4. Requires businesses to provide clear and conspicuous notice of any material changes in the automatic renewal or continuous service terms and how to cancel. 5. Exempts certain businesses and services, such as those regulated by the Kentucky Public Service Commission or Federal Communications Commission. 6. Allows the Attorney General to bring action for injunctive and monetary relief if businesses fail to comply. 7. Exempts contracts entered into prior to the effective date of January 1, 2024.