# Kentucky SB 158: AN ACT relating to products that offer benefits in connection with personal property. Kentucky SB 158, AN ACT relating to products that offer benefits in connection with personal property., is a 2026 Regular Session Senate bill sponsored by Jason Howell (Republican); status signed, last action 2026-04-03 (signed by Governor (Acts Ch. 16)); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/KY-SB158-2026RS - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Kentucky SB 158 - State: Kentucky - Session: 2026 Regular Session - Title: AN ACT relating to products that offer benefits in connection with personal property. - Status: signed - Chamber: Senate - Introduced: 2026-02-03 - Last action: 2026-04-03, signed by Governor (Acts Ch. 16) - Sponsor: Jason Howell (Republican) - Cosponsors: 0 - Subjects: Attorney General, Boats And Boating, Consumer Protection, Contracts, Effective Dates, Delayed, Insurance, Loans, Credit, Interest, And Usury, Motor Vehicles, Transportation - Touches household money: yes - Roll calls: 3 (167 yes, 0 no in all) - Economic provisions PRIA read: 6 ## Summary No summary available. ## Bill overview: provisions PRIA read - Caps and oversight on credit insurance: benefit, medium. The law caps what you can be charged for credit life and credit health insurance. Examples: decreasing‑term credit life is capped at $0.60 per year per $100 of debt ($0.65 with dismemberment), or about $0.92 per $1,000 monthly ($1.00 with dismemberment). Level‑term credit life is capped at $1.20 pe… - Fair rules for property loan insurance: benefit, medium. For credit personal property insurance tied to a loan, coverage cannot exceed your gross debt and cannot last longer than the loan. You can buy it separately from other credit insurance, and premiums cannot be based on gross debt or forced in a bundle. Within 30 days after the loan, the creditor mu… - Stronger backing for car add-ons: benefit, medium. Providers must back car value‑protection promises so claims get paid. They must either carry insurance that pays if the provider fails; keep a reserve of at least 40% of money collected in Kentucky and post a security deposit equal to the greater of 5% or $25,000; or have at least $100,000,000 in n… - Stronger rights on car add-ons: benefit, medium. You get clearer rules when you buy car loan add‑ons (like GAP or value protection). For non‑commercial deals, you get at least 30 days to cancel for a full refund if no benefit was given. After that, refunds follow the stated method and can subtract claims and an admin fee up to $75. Providers must… - Coverage and refunds for credit insurance: mixed, medium. Credit life and credit health insurance rules set who is covered and your refund rights. Insurers must offer coverage to everyone or at least to people up to age 65 at start and 66 at maturity. They cannot deny a death or disability that starts after six months of coverage (12 months if the contrac… - Which car add-ons are covered: mixed, low. The law defines who is covered by vehicle financial protection products and says these products are not insurance. It applies to products that take effect on or after January 1, 2027. It does not cover products sold before the law or certain bank or credit‑union waivers that follow other laws. Cons… ## Sponsors and cosponsors - Sponsor: Jason Howell (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-03-25 | Senate | passed | pass | 38 | 0 | | | 2026-03-24 | House | 3rd reading, passed | pass | 92 | 0 | | | 2026-02-12 | Senate | 3rd reading, passed | pass | 37 | 0 | | ## Actions (24) - 2026-04-03: signed by Governor (Acts Ch. 16) - 2026-03-25: delivered to Governor - 2026-03-25: enrolled, signed by Speaker of the House (Senate) - 2026-03-25: enrolled, signed by President of the Senate (Senate) - 2026-03-25: passed 38-0 (Senate) - 2026-03-25: Senate concurred in Committee Substitute (1) and Committee Amendment (1-title) (Senate) - 2026-03-25: posted for passage for concurrence in House Committee Substitute (1) and Committee Amendment (1-title) (House) - 2026-03-25: taken from Rules (Senate) - 2026-03-25: to Rules (S) (Senate) - 2026-03-25: received in Senate (Senate) - 2026-03-24: 3rd reading, passed 92-0 with Committee Substitute (1) and Committee Amendment (1-title) (House) - 2026-03-20: posted for passage in the Regular Orders of the Day for Tuesday, March 24 2026 (House) - 2026-03-12: 2nd reading, to Rules (House) - 2026-03-11: reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title) (House) - 2026-03-05: to Banking & Insurance (H) (House) - 2026-02-13: to Committee on Committees (H) (House) - 2026-02-13: received in House (House) - 2026-02-12: 3rd reading, passed 37-0 (Senate) - 2026-02-11: posted for passage in the Regular Orders of the Day for Thursday, February 12 2026 (Senate) - 2026-02-11: 2nd reading, to Rules (Senate) - 2026-02-10: reported favorably, 1st reading, to Calendar (Senate) - 2026-02-06: to Banking & Insurance (S) (Senate) - 2026-02-03: to Committee on Committees (S) (Senate) - 2026-02-03: introduced in Senate (Senate) ## Bill text - Current, 2026-03-25: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb158/bill.pdf) - Introduced, 2026-02-12: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb158/orig_bill.pdf) ## Related bills - SB 197: AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergen… (became law) - SB 133: AN ACT relating to the fiscal reporting of local entities. (signed) - HB 869: AN ACT relating to fiscal matters and declaring an emergency. (signed) - SB 324: AN ACT relating to the entertainment industry. (signed) - SB 66: AN ACT relating to the operation of a motor vehicle. (signed) - HB 826: AN ACT relating to education. (signed) ## Sources - [Current (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb158/bill.pdf) - [Introduced (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb158/orig_bill.pdf) ## Related - [SB 197: AN ACT providing funding and establishing conditions for state government agenc…](https://policyrisk.com/state-bill/KY-SB197-2026RS) - [SB 133: AN ACT relating to the fiscal reporting of local entities.](https://policyrisk.com/state-bill/KY-SB133-2026RS) - [HB 869: AN ACT relating to fiscal matters and declaring an emergency.](https://policyrisk.com/state-bill/KY-HB869-2026RS) - [SB 324: AN ACT relating to the entertainment industry.](https://policyrisk.com/state-bill/KY-SB324-2026RS) - [SB 66: AN ACT relating to the operation of a motor vehicle.](https://policyrisk.com/state-bill/KY-SB66-2026RS) - [HB 826: AN ACT relating to education.](https://policyrisk.com/state-bill/KY-HB826-2026RS) - [Kentucky bills](https://policyrisk.com/states/kentucky/bills) - [Kentucky state hub](https://policyrisk.com/states/kentucky) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/KY-SB158-2026RS (as of 2026-11-01).