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republic-os/legislation/us/states/ky/2023rs/hb-429.md
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---
type: "Bill"
title: "AN ACT relating to lending limits."
description: "Amend KRS 286.3-280 to limit the security requirement; permit a state bank or trust company to elect to comply with lending limits applicable to national banks; make technical corrections."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2023RS"
identifier: "HB 429"
citation: "Kentucky HB 429 (2023RS)"
classification: ["bill"]
subjects: ["Banks and Financial Institutions", "Federal Laws and Regulations", "Licensing", "Loans and Credit", "Technical Corrections"]
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 19
vote_count: 2
first_action: "2023-02-21T05:00:00+00:00"
last_action: "2023-03-24T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/8f043b23-0db1-4bf2-a9a4-bd957a3d6e59"
source_url: "https://apps.legislature.ky.gov/record/23RS/hb429.html"
source_hash: "edebfad2cf677e9b64033995abf6fb80d014c0b3c897f4e1d3ceff07957b7403"
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 429 (2023RS) — AN ACT relating to lending limits.
Amend KRS 286.3-280 to limit the security requirement; permit a state bank or trust company to elect to comply with lending limits applicable to national banks; make technical corrections.
## 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/23RS/hb429/orig_bill.pdf)
2. **Acts Chapter 101** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/23RS/documents/0101.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/23RS/hb429/bill.pdf)
## Votes
- Pass — **pass** (pass) · lower
- FINAL PASS HB 429 — **pass** (pass) · lower
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-02-21T05:00:00+00:00** introduced in House `introduction`
- **2023-02-21T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2023-02-23T05:00:00+00:00** to Banking & Insurance (H) `referral-committee`
- **2023-03-01T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
- **2023-03-02T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2023-03-02T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Friday, March 03, 2023
- **2023-03-03T05:00:00+00:00** 3rd reading, passed 97-0 `passage, reading-3`
- **2023-03-07T05:00:00+00:00** received in Senate
- **2023-03-07T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2023-03-09T05:00:00+00:00** to Banking & Insurance (S) `referral-committee`
- **2023-03-14T04:00:00+00:00** reported favorably, 1st reading, to Consent Calendar `committee-passage`
- **2023-03-15T04:00:00+00:00** 2nd reading, to Rules as a consent bill `reading-2`
- **2023-03-15T04:00:00+00:00** posted for passage in the Consent Orders of the Day for Thursday, March 16, 2023
- **2023-03-16T04:00:00+00:00** 3rd reading, passed 34 -0 `passage, reading-3`
- **2023-03-16T04:00:00+00:00** received in House
- **2023-03-16T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2023-03-16T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2023-03-16T04:00:00+00:00** delivered to Governor
- **2023-03-24T04:00:00+00:00** signed by Governor (Acts Ch. 101) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8f043b23-0db1-4bf2-a9a4-bd957a3d6e59`. Confidence: reported (aggregated from official Kentucky legislature records).