Summary of Original Version

Create a new section of KRS Chapter 40 to impose restrictions on persons seeking to receive compensation for advising or assisting with veterans' benefits claims; provide that attorneys and law firms seeking to receive compensation shall be governed by 38 C.F.R. sec.14.636.

Summary of Amendment: Senate Committee Substitute 1

Summary Retain original provisions; define terms; add consulting agent, consulting firm, and consulting business to definition of "person"; include representation of veterans in the category of services being regulated; require accreditation for anyone seeking compensation for services being regulated; limit the amount of fees authorized to be charged for a successful outcome by attorneys governed under 38 C.F.R. sec. 14.636; exempt attorneys who are governed under 38 C.F.R. 14.636 from the prohibition against utilizing medical professionals for exams; include penalties for violations; allow the Office of the Attorney General to oversee penalties and promulgate administrative regulations as necessary; direct any funds received from penalties to be deposited and used as provided in KRS 186.1722; include severability clause; EMERGENCY.

Summary of Amendment: Senate Committee Amendment 1 -- M. Deneen

Summary Make title amendment.