HB 73 KY Introduced
AN ACT relating to interest on medical debt.
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Summary
Create a new section of KRS Chapter 360 to define "medical debt"; establish a maximum interest rate of 3% on medical debt; amend KRS 360.020 to expand the civil penalty for excessive interest on medical debt; amend KRS 360.040 to establish a maximum interest rate of 3% on judgments rendered in an action to collect medical debt; make technical amendments; amend KRS 216B.250 to conform.
Action history (3)
- Jan 7, 2026 introduced in House · lower
- Jan 7, 2026 to Committee on Committees (H) · lower
- Jan 14, 2026 to Banking & Insurance (H) · lower
Subjects
Civil ActionsConsumer ProtectionFinancial ResponsibilityHealth And Medical ServicesLoans, Credit, Interest, And UsuryLocal MandateTrade Practices And Retailing
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