26RS HB 73

Actions

Last Action	01/07/26: to Committee on Committees (H)
Title	AN ACT relating to interest on medical debt.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	956
Sponsor	R. Roarx
Summary of Original Version	Create a new section of KRS Chapter 360 to define "medical debt"; establish a maximum interest rate of three percent 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 three percent on judgments rendered in an action to collect medical debt; make technical amendments; amend KRS 216B.250 to conform.
Index Headings of Original Version	Local Mandate - Medical debt, judgment, maximum rate of interest Civil Actions - Medical debt, judgment, maximum rate of interest Financial Responsibility - Medical debt, judgment, maximum rate of interest Health And Medical Services - Itemized statement of services, maximum rate of interest Health And Medical Services - Medical debt, maximum rate of interest Trade Practices And Retailing - Medical debt, maximum rate of interest Consumer Protection - Medical debt, maximum rate of interest Loans, Credit, Interest, And Usury - Medical debt, maximum rate of interest