SB 226 KY Became Law
AN ACT relating to preneed burial contracts.
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Summary
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 (6)
- G. Elkins Republican · primary
- D. Carroll Republican · primary
- S. Madon Republican · primary
- R. Mills Republican · primary
- M. Nunn Republican · primary
- C. Richardson Republican · primary
Action history (19)
- Feb 24, 2026 introduced in Senate · upper
- Feb 24, 2026 to Committee on Committees (S) · upper
- Mar 2, 2026 to State & Local Government (S) · upper
- Mar 4, 2026 reported favorably, 1st reading, to Calendar · upper
- Mar 5, 2026 2nd reading, to Rules · upper
- Mar 6, 2026 posted for passage in the Regular Orders of the Day for Tuesday, March 10 2026 · upper
- Mar 10, 2026 3rd reading, passed 38-0 · upper
- Mar 11, 2026 received in House · lower
- Mar 11, 2026 to Committee on Committees (H) · lower
- Mar 16, 2026 to State Government (H) · lower
- Mar 19, 2026 reported favorably, 1st reading, to Calendar · upper
- Mar 20, 2026 2nd reading, to Rules · upper
- Mar 24, 2026 posted for passage in the Regular Orders of the Day for Wednesday, March 25 2026 · upper
- Mar 31, 2026 3rd reading, passed 93-0 · upper
- Mar 31, 2026 received in Senate · upper
- Mar 31, 2026 enrolled, signed by President of the Senate · upper
- Mar 31, 2026 enrolled, signed by Speaker of the House · lower
- Mar 31, 2026 delivered to Governor · upper
- Apr 10, 2026 signed by Governor (Acts Ch. 88) · upper
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