KY HB156 | 2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 27 2020 - 100% progression
Action: 2020-03-27 - signed by Governor (Acts ch. 63)
Text: Latest bill text (Engrossed) [PDF]

Summary

Establish KRS Chapter 395A and create new sections thereof to enact the Revised Uniform Fiduciary Access to Digital Assets Act to establish a framework for the management and disposition of digital assets upon death or incapacitation; define terms; set forth the applicability of the chapter to fiduciaries, personal representatives, conservators, and trustees, and provide that the chapter does not apply to a digital asset of an employer that is used by an employee in the ordinary course of business; prioritize user directions regarding disclosure over certain terms-of-service agreements; provide that the Act does not impair custodian and user access to records under terms-of-service agreements; establish procedures for disclosing digital assets; enumerate documentation required for a personal representative to gain access to content of electronic communications; enumerate documentation required to access digital assets other than the content of a decedent's electronic communications; enumerate documentation required for a person with power of attorney to gain access to the content of electronic communications of principal; enumerate documentation required to access digital assets other than the content of a principal's electronic communications; authorize disclosure to trustees who are original users of a trust's digital assets; enumerate documentation required for content disclosure to a trustee; enumerate documentation required for disclosure of a trust's digital assets other than content; enumerate documentation required for a conservator to gain access to a protected person's digital assets; apply fiduciary duties and authority to digital assets; provide compliance guidelines for the custodians of digital records; require that the chapter be applied to promote uniformity among the states; establish conformity with federal requirements related to electronic signatures and records; provide that the chapter may be cited as the Revised Uniform Fiduciary Access to Digital Assets Act (2015).

Tracking Information

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Title

AN ACT relating to Uniform Fiduciary Access to Digital Assets Act.

Sponsors


Roll Calls

2020-03-18 - Senate - Senate: Third Reading RSN# 1375 (Y: 31 N: 0 NV: 0 Abs: 7) [PASS]
2020-02-04 - House - House: Third Reading RCS# 65 (Y: 93 N: 1 NV: 0 Abs: 4) [PASS]

History

DateChamberAction
2020-03-27Housesigned by Governor (Acts ch. 63)
2020-03-19Housedelivered to Governor
2020-03-19Houseenrolled, signed by President of the Senate
2020-03-19Houseenrolled, signed by Speaker of the House
2020-03-19Housereceived in House
2020-03-18Senate3rd reading, passed 31-0
2020-03-18Senateposted for passage in the Consent Orders of the Day for Wednesday, March 18, 2020
2020-03-17Senate2nd reading, to Rules
2020-03-12Senatereported favorably, 1st reading, to Consent Calendar
2020-02-07Senateto Judiciary (S)
2020-02-05Senatereceived in Senate
2020-02-04House3rd reading, passed 93-1
2020-02-03Houseposted for passage in the Regular Orders of the Day for Tuesday, February 4, 2020
2020-01-30House2nd reading, to Rules
2020-01-29Housereported favorably, 1st reading, to Calendar
2020-01-10Houseposted in committee
2020-01-07Houseto Judiciary (H)
2020-01-07Houseintroduced in House
2019-12-11HousePrefiled by the sponsor(s).

Subjects


Kentucky State Sources


Bill Comments

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