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.
signed by Governor (Acts Ch. 88)
House concurred in Senate Committee Substitute (1)
delivered to Governor
enrolled, signed by President of the Senate
enrolled, signed by Speaker of the House
passed 93-0
received in House
posted for passage for concurrence in Senate Committee Substitute (1)
taken from Rules (H)
to Rules (H)
3rd reading, passed 36-0 with Committee Substitute (1)
passed over and retained in the Consent Orders of the Day
posted for passage in the Consent Orders of the Day for Friday, March 25, 2022
2nd reading, to Rules as a consent bill
reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
to Banking & Insurance (S)
to Committee on Committees (S)
received in Senate
3rd reading, passed 94-2 with Floor Amendment (2)
floor amendment (2) filed
posted for passage in the Regular Orders of the Day for Monday, February 28, 2022
2nd reading, to Rules
reported favorably, 1st reading, to Calendar
floor amendment (1) filed
to Banking & Insurance (H)
to Committee on Committees (H)
introduced in House
| Bill Text Versions | Format |
|---|---|
| Acts Chapter 88 | |
| Current/Final | |
| Introduced |
| Document | Format |
|---|---|
| Proposed Senate Committee Substitute 1 | |
| Proposed House Floor Amendment 2 | |
| Proposed House Floor Amendment 1 |
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