Official record
Measure details
- Jurisdiction
- Kentucky
- Session
- 2026RS
- Chamber
- upper
- Classification
- bill
- Subjects
- Cemeteries And Burials, Contracts, Fees, Funerals And Funeral Directors
- Introduced / first action
- 2026-02-24 05:00:00
Source-supplied abstracts
Create a new section of KRS 367.934 to 367.974 to allow an agent that guarantees a price for all merchandise and services to be provided under a preneed burial contract to collect an administrative fee not to exceed 15% of the total amount of payments to be paid under the contract; prohibit the administrative fee from being paid more than once; prohibit the administrative fee from being paid until all installments have been paid; amend KRS 367.934 to conform; amend KRS 367.936 to exempt an administrative fee imposed on a fully paid contract from the refund requirements; make technical amendments; direct that the Act applies to contracts entered into on or after the effective date of the Act.
Sponsors
- G. Elkins (primary), primary
- D. Carroll (primary), primary
- S. Madon (primary), primary
- R. Mills (primary), primary
- M. Nunn (primary), primary
- C. Richardson (primary), primary