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HB 266 (BR 334) - M. Meredith, R. Palumbo

     AN ACT relating to deeds to real property.
     Amend KRS 382.135 to describe the requisite "full name" for an grantor and grantee when recording a deed to real property and direct that the record is still notice and admissible as evidence if the instrument is not in compliance with the provisions as set out in this section.


AMENDMENTS

     SCS1/LM - Delete original provisions; create new sections of KRS Chapter 423 to define various terms; limit the applicability of the Act to notarial acts performed on or after August 1, 2019; allow a notarial officer to perform a notarial act in Kentucky; outline requirements for certain notarial acts; require a personal or online appearance before a notarial officer; specify the requirements of identifying an individual before a notarial officer; allow a notarial officer to refuse to perform a notarial act; state who may perform a notarial act in Kentucky; recognize notarial acts performed in other states; recognize notarial acts performed in federally recognized Indian tribes under federal law, and in foreign countries; allow a notary public to perform a notarial act by means of communication technology; require a notarial act to be evidenced by a certificate; provide short form certificates for use by notarial officers; outline the requirements for an official stamp of a notary public; assign responsibility of the notary public's stamping device to the notary public; require a notary public to maintain a journal chronicling all notarial acts performed by that notary public; require a notary public to register with the Secretary of State that the notary public will be performing notarial acts with respect to electronic records; outline the necessary requirements to be a notary public; outline grounds for suspending, denying, or revoking a commission as a notary public; require the Secretary of State to maintain an electronic database of notaries public; detail prohibited acts; establish the validity of notarial acts; allow the Secretary of State to promulgate administrative regulations to implement this Act; require all commissions occurring after the effective date of this Act to comply with this Act; amend KRS 423.200 to make technical corrections; amend KRS 62.065 to allow a surety to cover more than one required bond; amend 64.012 to allow the county clerk to charge a fee for filing an updated commission for a notary public; repeal KRS 423.010, 423.020, 423.030, 423.040, 423.050, 423.060, 423.070, 423.080, and 423.990; direct the Legislative Research Commission to create a Task Force on Electronic Recording to study legislative action and proposals from around the United States on changes to electronic recording laws and policies; report the findings to the Legislative Research Commission by December 1, 2018; Sections 1 to 36 EFFECTIVE January 1, 2019.
     SCA1( W. Westerfield ) - Make title amendment.
     SFA1( S. West ) - Delete original provisions; Create a new section of KRS Chapter 423 to allow a notary public to receive an updated commission to reflect a change of name prior to a recommissioning; amend KRS 64.012 to allow the county clerk to charge a fee for filing an updated notary public commission; and create the TaskForce on Notary Public Reform to study notary public issues and policies from across the United States; report the finding to the Legislative Research Commission by December 1, 2018.

     Jan 29, 2018 - introduced in House
     Jan 31, 2018 - to Banking & Insurance (H)
     Feb 01, 2018 - posted in committee
     Feb 07, 2018 - reported favorably, 1st reading, to Consent Calendar
     Feb 08, 2018 - 2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, February 9, 2018
     Feb 09, 2018 - 3rd reading, passed 87-0
     Feb 12, 2018 - received in Senate
     Feb 15, 2018 - to Judiciary (S)
     Mar 27, 2018 - taken from Judiciary (S); 1st reading; returned to Judiciary (S)
     Mar 29, 2018 - reported favorably, 2nd reading, to Rules with Committee Substitute (1) and committee amendment (1-title) as a consent bill; floor amendment (1) filed to Committee Substitute