State Legislation

2018 Session in Summary

You can't make this stuff up! A fitting title for the 2018 Session of the Kentucky General Assembly.  Given the focus on pensions and tax reform, the 2018 Session was without a doubt, the most difficult in more than 25 years.  877 bills and many resolutions were introduced.  There were 193 bills passed. The Governor vetoed 10 bills and the General Assembly overrode 5 bills, including the state budget. There were 9 bills that passed without the Governor's signature.

Items that impact the banking industry, directly or indirectly, are summarized  below.  A more Comprehensive summary will be emailed to all members along with a concise list of all other legislation.  Each bill, unless it contains an emergency clause, will go into effect 90 days from the end of session.  If you need more information on any of these bills, please contact Ballard Cassady at bcassady@kybanks.com or John Cooper at jpcooper@me.com .

 House
HB11 UNIFORM POWER OF ATTORNEY011
HB46 CREDIT FREEZES046
HB93 BROKERAGE FINANCIAL ACCOUNT EXPLOITATION 093
HB369 CONTRACTS369
HB394 ABANDO394
 Senate
SB139 REAL PROPERTY DEEDS139