· KY legislature · 2026RS

AN ACT relating to interest on medical debt.

Create a new section of KRS Chapter 360 to define "medical debt"; establish a maximum interest rate of 3% 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 3% on judgments rendered in an action to collect m…

Sponsor

Al Gentry (D-KY)

Introduced

2026-01-07

Policy area

Finance and Financial Sector

Latest action

to Banking & Insurance (H)