HB 494

  • Kentucky House Bill
  • 2022 Regular Session
  • Introduced in House Feb 14, 2022
  • Passed House Mar 10, 2022
  • Passed Senate Mar 30, 2022
  • Signed by Governor Apr 07, 2022

AN ACT relating to student education loan servicing.

Abstract

Establish Subtitle 12 of KRS Chapter 286 and create sections thereof to make findings; define terms; establish licensing requirements for certain student education loan servicers; establish records requirements for student education loan servicers; require annual and other reports by student education loan servicers; require student education loan servicers to pay an annual assessment fee; prohibit student education loan servicers from engaging in abusive acts and practices and prohibit other conduct; require student education loan servicers to comply with federal and state law; permit the commissioner to conduct examinations and investigations of student education loan servicers; establish requirements for conditioning, denying, suspending, or revoking the license of a student education loan servicers; establish regulatory provisions relating to emergency orders, administrative complaints, and appeals; establish penalties; amend KRS 452.005 to conform; state that provisions of the Act shall be severable; provide that Act may be cited as the Student Education Loan Servicing, Licensing, and Protection Act of 2022.

Bill Sponsors (5)

Votes


Actions


Apr 07, 2022

House

signed by Governor (Acts Ch. 88)

Mar 30, 2022

House

House concurred in Senate Committee Substitute (1)

House

delivered to Governor

Senate

enrolled, signed by President of the Senate

House

enrolled, signed by Speaker of the House

House

passed 93-0

Mar 29, 2022

House

received in House

House

posted for passage for concurrence in Senate Committee Substitute (1)

House

taken from Rules (H)

House

to Rules (H)

House

3rd reading, passed 36-0 with Committee Substitute (1)

Mar 25, 2022

House

passed over and retained in the Consent Orders of the Day

Mar 24, 2022

House

posted for passage in the Consent Orders of the Day for Friday, March 25, 2022

Mar 23, 2022

House

2nd reading, to Rules as a consent bill

Mar 22, 2022

House

reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)

Mar 16, 2022

Senate

to Banking & Insurance (S)

Mar 11, 2022

Senate

to Committee on Committees (S)

Senate

received in Senate

Mar 10, 2022

House

3rd reading, passed 94-2 with Floor Amendment (2)

Mar 09, 2022

House

floor amendment (2) filed

Feb 25, 2022

House

posted for passage in the Regular Orders of the Day for Monday, February 28, 2022

Feb 24, 2022

House

2nd reading, to Rules

Feb 23, 2022

House

reported favorably, 1st reading, to Calendar

House

floor amendment (1) filed

Feb 22, 2022

House

to Banking & Insurance (H)

Feb 14, 2022

House

to Committee on Committees (H)

House

introduced in House

Bill Text

Bill Text Versions Format
Acts Chapter 88 PDF
Current/Final PDF
Introduced PDF

Related Documents

Document Format
Proposed Senate Committee Substitute 1
Proposed House Floor Amendment 2
Proposed House Floor Amendment 1

Sources

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