Summary of Original Version

Create new sections of KRS Chapter 365 to define "automatic renewal," "automatic renewal offer terms," "clear and conspicuous," "consumer," and "continuous service,"; require businesses to present automatic renewal or continuous service offer terms clearly and conspicuously to consumers before purchase; require businesses to obtain the consumer's consent before charging the consumer; require businesses to provide an acknowledgment that includes the terms, the cancellation policy, and information regarding how to cancel in a manner that can be retained by the consumer; require businesses to provide consumers with an easy-to-use mechanism for cancellation; require businesses to provide users who purchase in one medium the opportunity to terminate in the same medium, including online termination; require businesses to provide a notice regarding material term changes prior to implementation; exempt certain businesses and services; allow the Attorney General to bring an action for injunctive and monetary relief; and exempt contracts entered into prior to the effective date; EFFECTIVE January 1, 2024.

Summary of Amendment: Senate Floor Amendment 1 -- D. Yates

Summary Retain original provisions, except permit the Attorney General to recover penalties for each violation of this Act and remove the prohibition on a private right of action.

Summary of Amendment: Senate Floor Amendment 2 -- D. Yates

Summary Retain original provisions, except permit the Attorney General to recover penalties for each violation of this Act and remove the reference to the private right of action.

Summary of Amendment: Senate Floor Amendment 3 -- D. Yates

Summary Amend penalty section to remove the private right of action; allow the first offender businesses to cure its violation of this Act; allow the Attorney General to obtain injunctive relief and restitution for each violation of this Act; require penalties for each violation of this Act not to exceed $500.

Summary of Amendment: House Committee Substitute 1

Summary Retain original provisions; exempt solid waste management services from automatic renewal and continuous service offer requirements.