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HB656Introduced in the House

AN ACT relating to deferred deposit transaction fees imposed by the commissioner.

IntroducedHouse Banking and Insurance

Introduced by Michael Pollock, District 51

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Amend KRS 286.9-140 to require the commissioner of the Department of Financial Institutions to impose a $3 fee per deferred deposit transaction for data required to be submitted by a deferred deposit service business licensee; direct that the Act applies to deferred deposit transactions entered or or after the effective date of the Act.

Where it stands

to Banking & Insurance (H)

February 25, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. introduced in House

  2. to Committee on Committees (H)

  3. to Banking & Insurance (H)

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