Bill
Bill > SB153
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
02/13/2026
02/13/2026
Passed
Dead
Introduced Session
Potential new amendment
2026 Regular Session
Bill Summary
Amend KRS 367.620 to exclude certain activity from the definition of "goods or services relating to real estate"; amend KRS 367.624 to require contractors to furnish a notice relating to assignment of benefits prior to entering into a real estate goods or services contract; amend KRS 367.626 to prohibit requiring a person to pay a cancellation fee or any other fee contained in a contract that is not enforceable against the person; amend KRS 367.628 to prohibit certain representations and marketing by a contractor or person representing a contractor; provide that certain contracts between a contractor or person representing a contractor and an insured are not enforceable; modify provision prohibiting causing, or encouraging another person to cause, damage to real estate; prohibit contractors from having a financial connection with certain persons; prohibit contractors from soliciting or providing contracts on behalf of certain persons; provide that certain violations constitute a fraudulent insurance act under KRS 304.47-020 and criminal mischief in the first degree under KRS 512.020; amend KRS 367.627 to make technical amendments; require the Attorney General to enforce the contractor requirements; create a new section of KRS Chapter 15 to provide the Attorney General with concurrent jurisdiction in the investigation and prosecution of offenses under KRS 304.47-020; amend KRS 304.47-020 and 512.020 to conform; create a new section of KRS Chapter 367 to authorize the Attorney General to issue an order during certain states of emergency to require persons engaging in business as a contractor in the designated area to obtain a certificate of registration; establish registration application requirements; authorize peace officers in the designated area to enforce an order issued by the Attorney General; require contractors to post a copy of the contractor's certificate of registration at each job site within the designated area; require contractors to provide a copy of the certificate of registration or proof of registration to specified persons; prohibit contractors from soliciting business in person within the designated area for 90 days after a state of emergency is declared; prohibit local governments from imposing emergency registration or licensure for contractors under certain circumstances; exempt contractors from the registration and related requirements if the Attorney General determines that the local government imposes greater emergency registration or licensing requirements; permit a local government to submit a declaration to the Attorney General stating that the local government's emergency registration or licensure requirements are greater than those imposed under the section; require the Attorney General to affirm or reject a local government's declaration; authorize the Attorney General to promulgate administrative regulations; amend KRS 411.230 to conform; direct that certain provisions apply to contracts entered into on or after the effective date of the Act.
AI Summary
This bill aims to prevent harmful and fraudulent practices by contractors, particularly those dealing with real estate and insurance claims. It clarifies that investigating or settling insurance claims is not considered "goods or services relating to real estate" under certain laws. Contractors must now provide specific notices to individuals before entering into a real estate contract, including information about cancellation rights and the prohibition of assigning insurance policy benefits. The bill also prohibits contractors from charging cancellation fees on unenforceable contracts and restricts certain marketing and representation practices, such as claiming to be an insurance specialist or causing damage to property to increase the scope of work. It introduces new penalties, classifying certain violations as fraudulent insurance acts and criminal mischief, and grants the Attorney General, or Attorney General, concurrent jurisdiction with local prosecutors in investigating and prosecuting these offenses. Furthermore, during declared states of emergency, the Attorney General can require contractors to obtain a certificate of registration, with specific application requirements and enforcement powers for peace officers, and prohibits contractors from soliciting business in person for 90 days after an emergency is declared, with exceptions for property owner requests. Local governments are generally prevented from imposing their own emergency registration or licensing requirements if they are more stringent than those established by the Attorney General, though they can declare their requirements to be greater. Finally, the bill clarifies that certain provisions apply to contracts entered into on or after its effective date.
Committee Categories
Business and Industry
Sponsors (11)
Greg Elkins (R)*,
Jared Carpenter (R),
Matt Deneen (R),
Rick Girdler (R),
Amanda Mays Bledsoe (R),
Robby Mills (R),
Matt Nunn (R),
Steve Rawlings (R),
Aaron Reed (R),
Brandon Storm (R),
Reggie Thomas (D),
Last Action
to Committee on Committees (H) (on 02/13/2026)
Official Document
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