summary
Introduced
02/20/2026
02/20/2026
In Committee
03/27/2026
03/27/2026
Crossed Over
03/11/2026
03/11/2026
Passed
04/12/2026
04/12/2026
Dead
Signed/Enacted/Adopted
04/12/2026
04/12/2026
Introduced Session
Potential new amendment
2026 Regular Session
Bill Summary
Amend KRS 286.9-140 to require the commissioner of the Department of Financial Institutions to impose a $3 fee per deferred deposit transaction for data required to be submitted by a deferred deposit service business licensee; direct that the Act applies to deferred deposit transactions entered or or after the effective date of the Act.
AI Summary
This bill mandates that the Commissioner of the Department of Financial Institutions will impose a $3 fee for each deferred deposit transaction, also known as a "payday loan," that requires data submission by a business licensed to provide these services, with this new fee applying to transactions made on or after the bill's effective date.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
became law without Governor's Signature (Acts Ch. 97) (on 04/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/26RS/sb219.html |
| House Floor Amendment 1 | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/SB219/HFA1.pdf |
| House Committee Amendment 1 | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/SB219/HCA1.pdf |
| House Committee Substitute 1 | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/SB219/HCS1.pdf |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb219/bill.pdf |
| Vote History for SB219 | https://apps.legislature.ky.gov/record/26RS/sb219/vote_history.pdf |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb219/orig_bill.pdf |
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