---
type: "Bill"
title: "AN ACT relating to contracts. Amend KRS 360.010 to specify when parties are bound to interest rate in contract and the interest rate parties are entitled to receive after default; create a new section of KRS Chapter 371 to specify that an obligation to pay or satisfy a debt is not extinguished by any action taken by a creditor for the purposes of the creditor's own financial, tax, or accounting records or affairs."
description: "AN ACT relating to contracts. Amend KRS 360.010 to specify when parties are bound to interest rate in contract and the interest rate parties are entitled to receive after default; create a new section of KRS Chapter 371 to specify that an obligation to pay or satisfy a debt is not extinguished by any action taken by a creditor for the purposes of the creditor's own financial, tax, or accounting records or affairs."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2018RS"
identifier: "HB 369"
citation: "Kentucky HB 369 (2018RS)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["B. Rowland", "J. Greer"]
version_count: 3
action_count: 19
vote_count: 0
first_action: "2018-02-14"
last_action: "2018-04-10"
source: "openstates"
source_identifier: "ocd-bill/3d956580-f0bc-4779-a9a6-e7af8f7c5213"
source_url: "http://www.lrc.ky.gov/record/18RS/HB369.htm"
source_hash: "5f6c34e6e971ed5df59a2b113e811f54d814c9b50cba98c4aa5f197390b1c009"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ky"]
---

# Kentucky HB 369 (2018RS) — AN ACT relating to contracts. Amend KRS 360.010 to specify when parties are bound to interest rate in contract and the interest rate parties are entitled to receive after default; create a new section of KRS Chapter 371 to specify that an obligation to pay or satisfy a debt is not extinguished by any action taken by a creditor for the purposes of the creditor's own financial, tax, or accounting records or affairs.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB 369 (As Introduced)** (committee substitute) — [source](http://www.lrc.ky.gov/recorddocuments/bill/18RS/HB369/orig_bill.pdf)
2. **HCS1** (committee substitute) — [source](http://www.lrc.ky.gov/recorddocuments/bill/18RS/HB369/HCS1.pdf)
3. **Most Recent Version** (committee substitute) — [source](http://www.lrc.ky.gov/recorddocuments/bill/18RS/HB369/bill.pdf)

## Sponsors

- B. Rowland — primary (person)
- J. Greer — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-02-14** Introduced in House `introduction`
- **2018-02-16** To Banking & Insurance (H) `referral-committee`
- **2018-02-16** Posted in committee
- **2018-02-21** Reported favorably, 1st reading, to Calendar with Committee Substitute `reading-1`
- **2018-02-22** 2nd reading, to Rules `reading-2`
- **2018-02-22** Posted for passage in the Regular Orders of the Day for Friday, February 23, 2018
- **2018-02-26** 3rd reading, passed 85-0 with Committee Substitute `reading-3, passage`
- **2018-02-27** Received in Senate
- **2018-02-28** To Banking & Insurance (S) `referral-committee`
- **2018-03-13** Reported favorably, 1st reading, to Calendar `reading-1`
- **2018-03-14** 2nd reading, to Rules `reading-2`
- **2018-03-20** Posted for passage in the Regular Orders of the Day for Thursday, March 22, 2018
- **2018-03-22** Passed over and retained in the Orders of the Day
- **2018-03-27** 3rd reading, passed 37-0 `reading-3, passage`
- **2018-03-27** Received in House
- **2018-03-29** Enrolled, signed by Speaker of the House
- **2018-03-29** Enrolled, signed by President of the Senate
- **2018-03-29** Delivered to Governor
- **2018-04-10** Signed by Governor (Acts, ch. 140) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3d956580-f0bc-4779-a9a6-e7af8f7c5213`. Confidence: reported (aggregated from official Kentucky legislature records).