# Kentucky SB 145: AN ACT relating to retail installment contracts.

Kentucky SB 145, AN ACT relating to retail installment contracts., is a 2025 Regular Session Senate bill sponsored by David P. Givens (Republican); status signed, last action 2025-03-24 (signed by Governor (Acts Ch. 55)); PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/KY-SB145-2025RS
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Kentucky SB 145
- State: Kentucky
- Session: 2025 Regular Session
- Title: AN ACT relating to retail installment contracts.
- Status: signed
- Chamber: Senate
- Introduced: 2025-02-12
- Last action: 2025-03-24, signed by Governor (Acts Ch. 55)
- Sponsor: David P. Givens (Republican)
- Cosponsors: 0
- Subjects: Loans and Credit, Sales, Trade Practices and Retailing, Consumer Affairs, Contracts
- Touches household money: yes
- Roll calls: 2 (113 yes, 6 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Late-fee rules change for installment buyers: cost, low. Kentucky allows optional late fees on covered installment payments, capped at 5% of the payment or $15, whichever is greater. For vehicle contracts under KRS 190.100, fees can start when payments are 3 days late for payment periods under 28 days. For payment periods of 28 days or longer, payments m…

## Sponsors and cosponsors

- Sponsor: David P. Givens (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-03-14 | House | 3rd reading, passed | pass | 79 | 6 |   |
| 2025-02-27 | Senate | 3rd reading, passed | pass | 34 | 0 |   |

## Actions (22)

- 2025-03-24: signed by Governor (Acts Ch. 55)
- 2025-03-14: delivered to Governor
- 2025-03-14: enrolled, signed by Speaker of the House (Senate)
- 2025-03-14: enrolled, signed by President of the Senate (Senate)
- 2025-03-14: received in Senate (Senate)
- 2025-03-14: 3rd reading, passed 79-6 (House)
- 2025-03-14: placed in the Orders of the Day (House)
- 2025-03-14: taken from Rules (House)
- 2025-03-13: 2nd reading, to Rules (House)
- 2025-03-12: reported favorably, 1st reading, to Calendar (House)
- 2025-03-07: to Banking & Insurance (H) (House)
- 2025-02-28: to Committee on Committees (H) (House)
- 2025-02-28: received in House (House)
- 2025-02-27: 3rd reading, passed 34-0 with Committee Substitute (1) (Senate)
- 2025-02-26: posted for passage in the Regular Orders of the Day for Thursday, February 27, 2025 (Senate)
- 2025-02-26: 2nd reading, to Rules (Senate)
- 2025-02-25: reported favorably, 1st reading, to Calendar with Committee Substitute (1) (Senate)
- 2025-02-19: reassigned to Banking & Insurance (S) (Senate)
- 2025-02-19: taken from Transportation (S) (Senate)
- 2025-02-14: to Transportation (S) (Senate)
- 2025-02-12: to Committee on Committees (S) (Senate)
- 2025-02-12: introduced in Senate (Senate)

## Bill text

- Current, 2025-02-27: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/sb145/bill.pdf)
- Introduced, 2025-01-03: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/sb145/orig_bill.pdf)

## Related bills

- HB 501: AN ACT relating to pharmaceutical drugs. (became law)
- HB 664: AN ACT relating to the operation of a motor vehicle and declaring an emergency. (signed)
- HB 606: AN ACT relating to economic development. (signed)
- HB 421: AN ACT relating to colorectal cancer screenings. (signed)
- HB 555: AN ACT relating to local government financial practices. (signed)
- HB 493: AN ACT relating to the towing and storage of motor vehicles. (signed)

## Sources
- [Current (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/sb145/bill.pdf)
- [Introduced (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/sb145/orig_bill.pdf)

## Related
- [HB 501: AN ACT relating to pharmaceutical drugs.](https://policyrisk.com/state-bill/KY-HB501-2025RS)
- [HB 664: AN ACT relating to the operation of a motor vehicle and declaring an emergency.](https://policyrisk.com/state-bill/KY-HB664-2025RS)
- [HB 606: AN ACT relating to economic development.](https://policyrisk.com/state-bill/KY-HB606-2025RS)
- [HB 421: AN ACT relating to colorectal cancer screenings.](https://policyrisk.com/state-bill/KY-HB421-2025RS)
- [HB 555: AN ACT relating to local government financial practices.](https://policyrisk.com/state-bill/KY-HB555-2025RS)
- [HB 493: AN ACT relating to the towing and storage of motor vehicles.](https://policyrisk.com/state-bill/KY-HB493-2025RS)
- [Kentucky bills](https://policyrisk.com/states/kentucky/bills)
- [Kentucky state hub](https://policyrisk.com/states/kentucky)
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Source: PRIA, https://policyrisk.com/state-bill/KY-SB145-2025RS (as of 2026-10-17).