---
type: "Bill"
title: "AN ACT relating to products that offer benefits in connection with personal property."
description: "Create new sections of KRS Chapter 367 to establish regulatory requirements for vehicle financial protection products; establish the purpose of the requirements; define terms; provide that vehicle financial protection products issued before, on, or after the effective date of the Act shall not be considered insurance; establish exemptions from the regulatory requirements; provide that amounts charged or financed for vehicle financial protection products are authorized charges to be stated separately and shall not be considered a finance charge or interest; prohibit conditioning the extension of credit, terms of a loan, or terms of a related vehicle sale or lease from being conditioned on the consumer's payment for a vehicle financial protection product; establish requirements for debt waivers; establish requirements for vehicle value protection agreements; amend KRS 190.100 and create a new section of Subtitle 4 of KRS Chapter 286 to require retail installment contracts and consumer loan companies to comply with the regulatory requirements for vehicle financial protection products; amend KRS 304.1-120 to conform; direct that the Act applies to vehicle financial protection products that become effective on or after January 1, 2027; EFFECTIVE January 1, 2027."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2026RS"
identifier: "SB 158"
citation: "Kentucky SB 158 (2026RS)"
classification: ["bill"]
subjects: ["Attorney General", "Boats And Boating", "Consumer Protection", "Contracts", "Effective Dates", "Delayed", "Insurance", "Loans", "Credit", "Interest", "And Usury", "Motor Vehicles", "Transportation"]
status: "enacted"
primary_sponsors: ["J. Howell"]
version_count: 3
action_count: 24
vote_count: 3
first_action: "2026-02-03T05:00:00+00:00"
last_action: "2026-04-03T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/b35bb4c7-5a5e-4d6a-b2ed-4942f8da1d18"
source_url: "https://apps.legislature.ky.gov/record/26RS/sb158.html"
source_hash: "ffad558c779f3cf9b89b77a1c147b32c0755ff24a12a823c3cc9d3c47576f311"
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 SB 158 (2026RS) — AN ACT relating to products that offer benefits in connection with personal property.

Create new sections of KRS Chapter 367 to establish regulatory requirements for vehicle financial protection products; establish the purpose of the requirements; define terms; provide that vehicle financial protection products issued before, on, or after the effective date of the Act shall not be considered insurance; establish exemptions from the regulatory requirements; provide that amounts charged or financed for vehicle financial protection products are authorized charges to be stated separately and shall not be considered a finance charge or interest; prohibit conditioning the extension of credit, terms of a loan, or terms of a related vehicle sale or lease from being conditioned on the consumer's payment for a vehicle financial protection product; establish requirements for debt waivers; establish requirements for vehicle value protection agreements; amend KRS 190.100 and create a new section of Subtitle 4 of KRS Chapter 286 to require retail installment contracts and consumer loan companies to comply with the regulatory requirements for vehicle financial protection products; amend KRS 304.1-120 to conform; direct that the Act applies to vehicle financial protection products that become effective on or after January 1, 2027; EFFECTIVE January 1, 2027.

## Version chain

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

1. **Introduced** (filed) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb158/orig_bill.pdf)
2. **Acts Chapter 16** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/26RS/documents/0016.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb158/bill.pdf)

## Votes

- FINAL PASSAGE OF SB 158 w/ HCS 1, HCA 1 (T) — **38–0** (pass) · upper
- PASS SB 158 — **37–0** (pass) · upper
- Pass — **92–0** (pass) · upper

## Sponsors

- J. Howell — primary (person)

## Timeline

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

- **2026-02-03T05:00:00+00:00** introduced in Senate `introduction`
- **2026-02-03T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2026-02-06T05:00:00+00:00** to Banking & Insurance (S) `referral-committee`
- **2026-02-10T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
- **2026-02-11T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2026-02-11T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Thursday, February 12 2026
- **2026-02-12T05:00:00+00:00** 3rd reading, passed 37-0 `passage, reading-3`
- **2026-02-13T05:00:00+00:00** received in House
- **2026-02-13T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2026-03-05T05:00:00+00:00** to Banking & Insurance (H) `referral-committee`
- **2026-03-11T04:00:00+00:00** reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title) `committee-passage`
- **2026-03-12T04:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2026-03-20T04:00:00+00:00** posted for passage in the Regular Orders of the Day for Tuesday, March 24 2026
- **2026-03-24T04:00:00+00:00** 3rd reading, passed 92-0 with Committee Substitute (1) and Committee Amendment (1-title) `passage, reading-3`
- **2026-03-25T04:00:00+00:00** received in Senate
- **2026-03-25T04:00:00+00:00** to Rules (S) `referral-committee`
- **2026-03-25T04:00:00+00:00** taken from Rules
- **2026-03-25T04:00:00+00:00** posted for passage for concurrence in House Committee Substitute (1) and Committee Amendment (1-title)
- **2026-03-25T04:00:00+00:00** Senate concurred in Committee Substitute (1) and Committee Amendment (1-title)
- **2026-03-25T04:00:00+00:00** passed 38-0 `passage`
- **2026-03-25T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2026-03-25T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2026-03-25T04:00:00+00:00** delivered to Governor
- **2026-04-03T04:00:00+00:00** signed by Governor (Acts Ch. 16) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b35bb4c7-5a5e-4d6a-b2ed-4942f8da1d18`. Confidence: reported (aggregated from official Kentucky legislature records).