Kentucky SB226 Allows 15% Administrative Fee on Preneed Burial Contracts
Summary
Kentucky SB226 permits agents selling preneed burial contracts to collect an administrative fee not exceeding 15% of total payments under the contract. The law prohibits the fee from being charged more than once and restricts collection until all installments have been paid. The Act amends existing statutes governing burial contracts and applies to contracts entered into on or after the effective date.
What changed
Kentucky SB226 creates a new statutory provision permitting agents who guarantee prices for merchandise and services under preneed burial contracts to collect an administrative fee capped at 15% of total payments. The legislation prohibits this fee from being paid more than once and prohibits collection until all installments are paid. It also amends existing statutes to exempt fully paid contracts from certain refund requirements for administrative fees.\n\nFuneral homes, cemeteries, and other death care service providers selling preneed burial contracts should review their pricing structures and contract templates to ensure compliance with the new fee limitations and collection timing restrictions. Consumers purchasing preneed burial contracts should be informed of their rights under the amended refund provisions.
What to do next
- Update preneed burial contract terms to reflect the 15% administrative fee cap
- Ensure administrative fees are not collected until all installments are paid in full
- Cease charging administrative fees more than once per contract
Archived snapshot
Apr 11, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Kentucky / SB226 Signed by Governor SB226 Senate Bill Signed by Governor 2026-04-10
AN ACT relating to preneed burial contracts.
Create a new section of KRS 367.934 to 367.974 to allow an agent that guarantees a price for all merchandise and services to be provided under a preneed burial contract to collect an administrative fee not to exceed 15% of the total amount of payments to be paid under the contract; prohibit the administrative fee from being paid more than once; prohibit the administrative fee from being paid until all installments have been paid; amend KRS 367.934 to conform; amend KRS 367.936 to exempt an administrative fee imposed on a fully paid contract from the refund requirements; make technical amendments; direct that the Act applies to contracts entered into on or after the effective date of the Act.
Bill Details
State Kentucky
Session 2026 Regular Session
Chamber Senate
Official Source apps.legislature.ky.gov/record/26RS/sb226....
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Sponsors
Greg Elkins (Sen - R) Danny Carroll (Sen - R) Scott Madon (Sen - R) Robert Mills (Sen - R) Matt Nunn (Sen - R) Craig Richardson (Sen - R)
Action History
2026-04-10 S signed by Governor 2026-03-31 S delivered to Governor 2026-03-31 S enrolled, signed by Speaker of the House 2026-03-31 S enrolled, signed by President of the Senate 2026-03-31 S received in Senate 2026-03-31 H 3rd reading, passed 93-0 2026-03-24 H posted for passage in the Regular Orders of the Day for Wednesday, March 25 2026 2026-03-20 H 2nd reading, to Rules 2026-03-19 H reported favorably, 1st reading, to Calendar 2026-03-16 H to State Government (H) 2026-03-11 H to Committee on Committees (H) 2026-03-11 H received in House 2026-03-10 S 3rd reading, passed 38-0 2026-03-06 S posted for passage in the Regular Orders of the Day for Tuesday, March 10 2026 2026-03-05 S 2nd reading, to Rules 2026-03-04 S reported favorably, 1st reading, to Calendar 2026-03-02 S to State & Local Government (S) 2026-02-24 S to Committee on Committees (S) 2026-02-24 S introduced in Senate
Votes
2026-03-10 Senate: Third Reading RSN# 3903 Yea: 38 Nay: 0 2026-03-31 House: Veto Override RCS# 383 Yea: 93 Nay: 0
Committee Referrals
2026-02-24 S Committee on Committees 2026-03-02 S State & Local Government 2026-03-05 S Rules 2026-03-11 H Committee On Committees 2026-03-16 H State Government 2026-03-20 H Rules
Bill Text Versions
0000-00-00 Introduced 0000-00-00 Engrossed
Subjects
Cemeteries and Burials Contracts Fees Funerals And Funeral Directors Legislative data powered by LegiScan (CC BY 4.0)
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