| Last Action | 03/06/26: posted for passage in the Regular Orders of the Day for Tuesday, March 10 2026 |
|---|---|
| Title | AN ACT relating to preneed burial contracts. |
| Bill Documents | Introduced |
| Bill Request Number | 2142 |
| Sponsors | G. Elkins, S. Madon, R. Mills, C. Richardson |
| Summary of Original Version | Create a new section of KRS 367.934 to 367.974 to allow an agent that guarantees a price for all merchandise and services to be provided under a preneed burial contract to collect an administrative fee not to exceed 15% of the total amount of payments to be paid under the contract; prohibit the administrative fee from being paid more than once; prohibit the administrative fee from being paid until all installments have been paid; amend KRS 367.934 to conform; amend KRS 367.936 to exempt an administrative fee imposed on a fully paid contract from the refund requirements; make technical amendments; direct that the Act applies to contracts entered into on or after the effective date of the Act. |
| Index Headings of Original Version |
Cemeteries And Burials - Preneed burial contracts, administrative fee Contracts - Preneed burial contracts, administrative fee Fees - Preneed burial contracts, administrative fee Funerals And Funeral Directors - Preneed burial contracts, administrative fee |
| 02/24/26 |
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| 03/02/26 |
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| 03/04/26 |
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| 03/05/26 |
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| 03/06/26 |
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Last updated: 3/6/2026 4:40 PM (EST)