Kentucky 2026 Regular Session Status: In Committee 1 R cosponsors

HB 656 — AN ACT relating to deferred deposit transaction fees imposed by the commissioner.

Last action — to Banking & Insurance (H)

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced February 18, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Stalled 16% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

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.

Bill Text

How this bill changes current law

2 changes Share ↗

Compared against the Kentucky Revised Statutes as published AI-generated reading aid — verify against the official bill.

The bill amends KRS 286.9-140 to establish a fee for deferred deposit transaction data submissions and outlines operational requirements for a database to track these transactions.

  • KRS 286.9-140

    not to exceed

    The bill removes the limit 'not to exceed' on the fee imposed by the commissioner for transactions.

  • KRS 286.9-140

    three dollars ($3) per transaction for data required to be submitted by a deferred deposit service business licensee

    The bill establishes a fixed fee of three dollars per transaction for data submissions by deferred deposit service business licensees.

Action History

  1. to Banking & Insurance (H)

  2. to Committee on Committees (H)

  3. introduced in House

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 137 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (137)

137 members have not signed on to this bill.

Show all 137 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 656 do?
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.
Who sponsors HB 656?
HB 656 is sponsored by Michael Sarge Pollock (Republican).
What is the current status of HB 656?
This bill is in committee in the House. Introduced February 18, 2026. It must pass committee before a floor vote.
Where can I track HB 656?
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Last checked for changes about 2 months ago · updated continuously

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