Bill

AN ACT relating to the protection of veterans' benefits.

HB508Armed Forces and National SecurityPassed Chamber

Create a new section of KRS Chapter 40 to limit the compensation for advising or assisting with veterans' benefits; prohibit persons seeking compensation for advising, assisting, or consulting on a veterans' benefits matter from utilizing international call or data centers, directly or aggressively soliciting business, gaining access to personal medical, financial, or benefits log-in or password information, charging interest, and utilizing a doctor with whom they have an employment or business relationship; limit the fee for representation; require any person receiving compensation for assisting on a veterans' benefits matter to report to the Kentucky Department of Veterans' Affairs (KDVA) annually; allow KDVA to promulgate form for the report and display it on their website; establish that violators constitute a violation of the Consumer Protection Act; provide that attorneys and law firms seeking to receive compensation for advising, assisting, or consulting any individual with any veterans' benefits matter shall be governed federal regulations.

Filed
In Committee
Passed Chamber
Final Approval