Issue Tracker

View the KAR Legislative & Public Policy brochure (Statement of Policy).

 

2012 Legislative Session - bills being watched by KAR:

Bill Watch - January 20
Bill Watch - January 13

Check back weekly for an updated list of bills KAR is monitoring throughout the 2012 session.

NAR's Federal Public Policy Agenda for 2012
 


S.A.F.E Act Order

Effective January 5, an Order was entered by Commissioner Vice (Department of Financial Institutions or DFI) regarding the S.A.F.E. Act. You can read the Order as signed and presented by DFI to see the change which basically allows individuals who originate no more than four (4) mortgage loans in a calendar year to be exempt from registration according to KRS requirements.

Read the Order
 


Kentucky’s “Slayer Statute” & House Bill 52

KRS 381.280 is Kentucky’s “slayer statute.” It was enacted to prevent a killer, who is convicted of a felony, from benefiting from the death of the person that he or she killed. Under this law, “the person so convicted forfeits all interest in and to the property of the decedent, including any interest he would receive as [a] surviving joint tenant.” The statute further states that “the property interest so forfeited descends to the decedent’s other heirs-at-law, unless otherwise disposed of by the decedent.”

On March 16, 2011, Governor Beshear signed into law House Bill 52 (“HB 52”), which is described as: “An Act relating to elder and vulnerable adult abuse, neglect, and financial exploitation and making an appropriation therefor.” This bill included an amendment to KRS 209.990, the creation of a new section of KRS Chapter 41, and two (2) separate amendments to KRS 381.280. The first amendment to KRS 381.280 became effective on June 8, 2011; the second one will become effective on January 1, 2012.

Statute Description 
 


KY HOUSE AND SENATE LEADERSHIP

Speaker of the House – Rep. Greg Stumbo, Prestonsburg
Speaker Pro-Tempore – Rep. Larry Clark, Louisville
House Majority Floor Leader – Rep. Rocky Adkins, Sandy Hook
House Majority Caucus Chair – Rep. Robert Damron, Nicholasville
House Majority Whip – Rep. Tommy Thompson, Owensboro
House Minority Floor Leader – Rep. Jeff Hoover, Jamestown
House Minority Caucus Chair – Rep. Bob DeWeese, Louisville
House Minority Whip – Rep. Danny Ford, Mt. Vernon

President of the Senate – Sen. David Williams, Burkesville
President Pro-Tempore – Sen. Katie Kratz Stine, Southgate
Senate Majority Floor Leader – Sen. Robert Stivers, Manchester
Senate Majority Caucus Chair – Sen. Dan Seum, Fairdale
Senate Majority Whip – Sen. Carroll Gibson, Leitchfield
Senate Minority Floor Leader – Sen. R.J. Palmer II, Winchester
Senate Minority Caucus Chair – Sen. Johnny Ray Turner, Drift
Senate Minority Whip – Sen. Jerry Rhoads, Madisonville