SB 44 (BR 382) - T. Buford
AN ACT relating to liens.
Amend KRS 382.365 to increase monetary penalties for not releasing satisfied liens on real property without good cause and to provide that other liens shall not be perfected while in violation.
SB 44 - AMENDMENTS
SCS - Amend to delete language in Section 1(8) that blocked perfection of security interest or lien if lienholder violated lien lease requirement.
SFA (1, T. Buford) - Amend to establish that beginning on the fifteenth day after receipt of the written notice by the lienholder, the penalty provisions for failure to release a lien will begin; amend to require the licensing agency of any lienholder to be notified of any actions brought against the lienholder under the penalty provisions.
SFA (2, T. Buford) - Amend to establish that beginning on the fifteenth day after receipt of the written notice by the lienholder, the penalty provisions for failure to release a lien will begin; amend to require the licensing agency of any lienholder to be notified of any action brought against the lienholder under the penalty provisions.
HCS - Add a provision specifying that the remedy provided by the statute is ancillary and supplemental to any other remedy provided by law.
Jan 4-introduced in Senate
Jan 6-to Banking and Insurance (S)
Jan 11-reported favorably, 1st reading, to Calendar with Committee Substitute
Jan 12-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Tuesday, January 18, 2000
Jan 13-floor amendment (1) filed
Jan 18-passed over and retained in the Orders of the Day; floor amendment (2) filed to Committee Substitute
Jan 19-3rd reading; floor amendment (1) withdrawn ; passed 38-0 with Committee Substitute, and floor amendment (2)
Jan 20-received in House
Jan 21-to Judiciary (H)
Jan 24-posted in committee
Jan 27-reported favorably, 1st reading, to Calendar with Committee Substitute
Jan 28-2nd reading, to Rules
Feb 4-posted for passage in the Regular Orders of the Day for Monday, February 7, 2000
Mar 3-3rd reading, passed 97-0 with Committee Substitute
Mar 6-received in Senate
Mar 29-posted for passage for concurrence in House Committee Substitute ; taken from the Regular Orders of the Day, placed in Consent Orders of the Day; Senate concurred in House Committee Substitute ; passed 30-0
Apr 11-enrolled, signed by each presiding officer, delivered to Governor
Apr 21-signed by Governor (Acts ch. 412)
