| Last Action | signed by Governor (Acts Chapter 28) |
|---|---|
| Title | AN ACT relating to the Kentucky Higher Education Student Loan Corporation educational loan program. |
| Bill Documents |
Bill
|
| Bill Request Number | 265 |
| Sponsor | M. Denham |
| Summary of Original Version | Amend KRS 164A.240 to allow the Kentucky Higher Education Student Loan Corporation to establish an administrative garnishment process for the collection of defaulted educational loans made pursuant to KRS 164A.240(2)(a); limit the garnishment amount to 10% of disposable pay. |
| Index Headings of Original Version |
Education, Finance - Higher Ed Student Loan Corporation, collection of defaulted loans, authorization for garnishment Education, Higher - Higher Ed Student Loan Corporation, collection of defaulted loans, authorization for garnishment Financial Responsibility - Higher Ed Student Loan Corporation, collection of defaulted loans, authorization for garnishment Garnishment - Higher Education Student Loan Corporation, collection of defaulted loans, authorization for Administrative Regulations and Proceedings - Higher Education Student Loan Corporation, collection of defaulted loans |
| Proposed Amendments | House Committee Substitute 1 |
| Votes | Vote History |
| 11/29/12 |
|
|---|---|
| 01/08/13 |
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| 02/06/13 |
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| 02/12/13 |
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| 02/13/13 |
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| 02/15/13 |
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| 02/19/13 |
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| 02/21/13 |
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| 02/28/13 |
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| 03/01/13 |
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| 03/05/13 |
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| 03/06/13 |
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| 03/11/13 |
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| 03/19/13 |
|
| Amendment | House Committee Substitute 1 |
|---|---|
| Summary | Retain original provisions; add definition of "disposable pay"; require the garnishment process to begin no sooner than 180 days after failure to make payments; make technical corrections. |
| Index Headings |
Education, Finance - Higher Ed Student Loan Corporation, collection of defaulted loans, authorization for garnishment Education, Higher - Higher Ed Student Loan Corporation, collection of defaulted loans, authorization for garnishment Financial Responsibility - Higher Ed Student Loan Corporation, collection of defaulted loans, authorization for garnishment Garnishment - Higher Education Student Loan Corporation, collection of defaulted loans, authorization for Administrative Regulations and Proceedings - Higher Education Student Loan Corporation, collection of defaulted loans |
Last updated: 8/27/2019 7:53 PM (EDT)