Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate committee approves SB 145 to raise late-fee cap for retail installment contracts
Summary
A Kentucky Senate committee on an unnamed date approved Senate Bill 145 (committee substitute), aligning fee rules for vehicle and non‑vehicle retail installment contracts and raising the late‑fee cap for non‑vehicle contracts from $10 to $15.
A Kentucky Senate committee on a procedural motion approved Senate Bill 145, adopting a committee substitute that aligns non‑vehicle retail installment contract rules with vehicle contracts and raises a late‑fee cap from $10 to $15.
Senator Givens introduced the committee substitute, telling the panel, "Chairman Carpenter, members of the committee. Thank you for the chance to present senate bill 1 45 as admitted by the committee sub for your consideration." He…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
