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From YouTube: Interim Joint Committee on Licensing, Occupations, and Administrative Regulations (7-21-22)
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B
A
A
In
your
packet
we
have
minutes
from
the
june
meeting.
Chair
will
entertain
a
motion
to
approve,
as
submitted
representative
cook,
second
by
representative
timoney.
Any
questions
all
in
favor
signify
by
saying
aye
all
opposed
motion
carries.
We
have
three
items
on
our
agenda.
We're
gonna
start
with
veterinary
licensing
representative
cook.
A
I
believe
you
have
three
guests:
y'all
have
a
seat
and
if
our
guests
can
start
by
introducing
themselves
for
the
record
and
then
floor
will
be
yours.
C
C
So,
thank
you
very
much
for
hearing
us.
Mr
chairman,
co-chairman,
schickel,
appreciate
you
hearing
us
today
by
part
of
this
presentation.
I
want
to
stress
stress
to
you
how
much
and
no
pun
intended
on
this,
how
much
this
bill
has
been
vetted
already.
We
like
that
yeah
we
we
worked
on
this
bill.
We
had
it.
Staff
worked
on
it
last
fall.
C
We
found
it
during
the
last
session
and
since
sessions
over,
we
have
also
had
a
series
of
stakeholder
meetings
across
the
state
and
we
have
taken
what
we
have
learned
from
the
stakeholders.
Meetings
they've
been
incorporated
in
it.
The
changes
have
been
made
and
what
is
before
you
now
and
at
that
time,
at
this
time,
I'm
going
to
turn
over
to
michelle
and
let
her
present
what's
actually
in
the
bill.
D
D
A
modernization
practice
act
that
reviews
all
of
the
history
of
the
board
from
1942
through
current,
and
I
can
tell
you
that
in
more
than
30
years,
it's
been
more
than
30
years
since
there's
been
any
substantial
updates
to
the
practice
act
and
in
that
time
there's
been
a
lot
of
changes
in
veterinary
medicine.
Can.
D
Is
this
better?
Very
much
so
thank
you,
okay,
okay,
so
it's
been
more
than
30
years,
since
the
practice
act
has
had
any
substantial
updates.
D
As
listed
here
as
representative
cook
mentioned,
we
have
conducted
stakeholder
meetings
all
across
the
commonwealth.
This
is
in
partnership
with
the
veterinary
medical
association
and
their
regional
chapters.
We
at
each
meeting
chairman
wills
was
present,
except
for
one,
but
at
every
meeting
had
at
least
two
board
members.
We
had
20
to
45
public
participants,
not
just
licensees.
D
And
I
must
admit
that
a
lot
of
this
bill
is
administrative,
cleanup
and
30
years.
A
lot
has
changed
and
we
want
to
make
sure
that
we
have
everything
covered
in
statute
from
renewal
to
reinstatement
requirements,
clarifications
on
controlled
substance
management,
medical
records,
minimum
standards,
background
checks
to
help
with
diversion
issues
and
clarifying
the
role
of
licensed
veterinary
technicians
also
telehealth.
But
I'll
talk
more
about
that
in
a
moment.
D
Highlights
from
the
modernization
act
include
requests
for
expansion
of
scope,
educational
awards,
vet
facility
registration
and
in
response
to
stakeholder
feedback,
those
allied
professional
permits
and
increased
board
authority.
I
have
about
five
slides.
I
want
to
walk
through
with
you
to
touch
on
those
one
of
our
biggest
concerns
and
that's
incorporated
in
this
practice.
Act
is
related
to
the
veterinary
client,
patient
relationship
or
the
vcpr.
D
D
It
was
assumed
that
the
vcpr
would
be
made
in
person
and
the
way
it's
written,
though
it's
kind
of
ambiguous
and
so
we're
looking
to
clarify
that
the
vcpr
does
need
to
be
established
in
person,
especially
as
related
to
a
telehealth
vcpr
relationship
and
there's
more
details
again
in
your
packet
veterinary
facilities,
standards,
regulation
and
inspections.
This
is
the
biggest
component
that
we
heard
feedback
on.
We
estimate
that
70
to
80
percent
of
licensees
do
support
the
implementation
of
registration,
much
higher
support
from
the
public.
D
We
do
see
hesitancy
from
some
licensees
about
expanded
government
and
additional
fees,
but
we
know
that
the
fees
would
be
minimal.
Others
strongly
support
minimum
standards
for
veterinary
facilities
to
protect
patients
and
clients.
Veterinary
facilities,
standards
and
registration
would
allow
the
board
to
better
understand
and
work
to
lessen
the
shortages.
We're
seeing
across
the
commonwealth
help
elevate
the
practice
of
veterinary
medicine
and
ensure
that
everybody
has
access
to
those
minimum
standards.
D
Educational
awards,
currently,
the
general
assembly
has
allows
for
contract
seat
spaces
at
both
auburn
and
tuskegee.
However,
those
contract
seat
spaces
don't
require
the
awardees
to
come
back
and
work
in
kentucky,
and
so
what
we
would
like
to
do,
as
is
being
done
in
some
other
states
like
ohio,
since
2009
in
oklahoma.
More
recently
is
be
able
to
award
educational
monies
to
individuals
to
come
work
contractually
back
in
kentucky
to
ensure
that
we
are
helping
to
fill
those
shortage
gaps
primarily
in
food,
animal
medicine
and
rural
communities.
D
The
allied
professional
permits
were
added
as
a
result
of
stakeholder
feedback.
We've
been
contacted
by
the
board
of
chiropractic
examiners,
board
of
licensure
for
massage
therapy
and
many
laypersons
out
there
who
want
the
training
to
work
on
animals
and
want
to
make
sure
that
they
do
so
correctly
and
within
the
law.
D
D
In
our
next
steps,
we
intend
to
seek
feedback
continually
through
this
process.
We
plan
we
are
planning
species,
specific
meetings
with
practitioners
to
identify
specific
issues
in
food,
animal
equine
and
small
animal,
and
we're
looking
to
coordinate
with
those
other
professional
boards
to
make
sure
we're
moving
forward
with
everybody
understanding
the
same
direction,
and
that
is
all
I
have
thank
you.
E
E
C
A
F
F
To
thank
you
guys
for
listening,
and
I
would
like
to
reiterate
that
we
have
put
a
lot
of
effort
into
this
process
and
michelle
has
been
a
key
part
of
that
and
our
efforts.
You
know
dr
wills
and
I
are
appointed
by
the
governor
to
sit
on
this
board,
but
we're
both
also
practitioners,
so
so
we're
we're
in
both
scopes
of
it
and
as
a
practitioner.
F
I
have
to
look
at
the
changes
as
a
practitioner,
but
I
have
to
look
at
the
changes,
also
as
a
board
member,
and
I
think
that
you
know
that
they're
all
relative
and
needed
I've
been
practicing
25
years
and
in
my
career
it's
not
been
changed
and
there's
been
a
lot
of
changes.
C
C
Ahead,
yes
with
this
will
be,
this
will
be
ready
to
go
on
as
soon
as
session
starts
up.
Next,
I
appreciate.
A
Everybody
doing
the
hard
work
of
having
all
the
stakeholder
meetings
and
the
traveling
it's
it's
daunting
and
it's
a
lot
of
work,
but
it's
important
when
you're
gonna
reach
a
consensus
on
things
like
this
first
question
from
senator
thayer.
H
Thank
you,
mr
chairman.
First
of
all,
kudos
to
representative
cook
for
excellent
job
working
the
powerpoint
he
may
be
the
only
legislator.
I
know
who
is
capable
of
doing
such
a
thing.
Well
done
thanks
for
the
excellent
presentation.
This
is
the
second
time
in
the
last
month
I've
heard
about
the
veterinary,
the
veterinarian
shortage
in
kentucky
I'm
on
the
agriculture
committee,
and
we
heard
about
it
recently.
H
Anything
to
keep
the
the
the
the
two-headed
monster
of
the
big
corporate
types
who
want
to
come
in
and
do
this
remotely
and
the
left-wing
animal
activists
who
want
to
let
all
the
dogs
and
chickens
and
horses
run
free
is
something
that
I
think
we
can
find
agreement
on.
So
I
certainly
like
that
part
of
it.
Do
you
think
any
changes
in
the
act
would
be
increasing
the
barriers
to
people
becoming
veterinarians.
H
B
I
mean
it's,
I.
E
Well
that
here
we
go,
I
actually
philosophically
do
not
believe
we
should
do
that,
and
I
think
how
I
view
that
is.
We
don't
have
a
veterinary
school
in
the
commonwealth,
but
we
have
multiple
medical
schools,
multiple
lawyers,
multiple
dental
and
we
do
not
impose
those
same
requirements
on
those
professions.
E
So
I
think
it's
a
little
bit
unfair
because
we
have
a
really
good
deal.
You
know
money-wise,
probably
the
veterinary
education
is
an
excellent
value
compared
to
if
you
had
a
veterinary
school
in
the
state,
and
you
were
having
to
support
it,
finance
it
staff.
It
kentucky
does
well
in
this
contract.
H
I've
always
been
a
big
supporter
for
19
plus
years
of
the
contract
spaces
at
tuskegee
and
auburn,
and
I
agree
with
you
philosophically:
that's
why
I've
never
really
pushed
for
that
sort
of
requirement.
But
it
seems
like
we're
getting
into
a
dire
circumstance
here
with
veterinarian
shortages,
and
it
might
be
something
that
we
look
at
at
least
on
a
temporary
basis
and
that's
and.
E
To
to
that
question,
that
is
why
we,
we
are
saying
we're
we're
willing
to
put
up
money
from
the
board
for
that
reason
to,
if
someone
gets
that
scholarship
contractually,
they
have
to
come
back.
D
E
I
Thank
you,
mr
chairman,
and
thank
you
for
your
presentation,
thanks
matt,
for
this
good
work.
I
am
always
encouraged
when
I
see
a
group
of
stakeholders
like
this
that
have
come
together
to
really
work
on
these
issues.
I
think
it
speaks
to
the
expertise
in
this
field
and
and
it's
always
a
good
thing.
I
I
just
wanted
to
comment
about
the
the
I
I'm
going
to
say:
healthcare
worker
shortage,
sorry,
health
and
welfare.
I
We
passed
a
bill
last
year
that
expanded
the
loan
forgiveness
program
for
healthcare
workers
and
we
did
find
we
did
attach
a
two-year
contract
to
those
individuals
who
receive
that
benefit
and
come
back
to
work
in
an
underserved
area.
So
there
are
ways
to
to
look
at
this.
I'm
not
sure
what
sort
of
taxpayer
benefits
the
students
are
actually
receiving
when
they
go
to
our
reciprocity
universities,
but
I
mean
maybe
that's
something
that
we
could
look
at
and
as
a
way
to
recruit
individuals
back
to
kentucky.
I
I
have
a
quick
question
about
you.
You
mentioned
scope
of
practice
and
who
are
those
individuals
and
who
would
come
in.
Is
this
a
team-based
approach
I
would
assume
and
who
are
the.
D
We
have
two
groups
of
people.
We
have
the
professional
human
health
care
workers
who
are
certified
by
their
professional
board
who
want
to
enter
into
the
field
to
work
on
animals
concurrently,
and
then
we
have
laypersons
who
become
trained
through
various
schools
across
the
nation,
with
no
accreditation
standards
that
we
feel
we
need
to
set
some
standards
for
and
because
cross
species
work
is
so
delicate.
We
want
to
make
sure
that
everybody,
whether
they're,
professionally
trained
in
that
area
or
not,
has
the
right
experience
and
training
to
do
that.
Work.
Okay,
good.
I
J
Thanks
to
chairman
represent
cook,
this
is
called
a
modernization
act
and
understanding
the
last
time
you
did
anything
major
was
1998.
I
can
certainly
understand
why
the
practice
needs
to
be
updated
and
modernized
in
2022.
J
I
agree
with
that,
and-
and
I
obviously
I
think
some
things
need
to
be
done,
but
but
I
am
curious
and,
and
help
me
understand
this
as
to
why
we
want
to
not
why
we
would
want
to
maintain
the
in-person
requirement,
and
I
asked
that
because
when
I
heard
that
I
have
a
professional
license
as
well
and
there's
no
requirement
that
that
I
I'd
be
retained
or
retain
someone
in
person,
I
mean.
J
I
know
that
that
I've
retained
attorneys
from
out
of
state
to
do
certain
things
and
that's
never
been
done
in
person.
It's
always
been
done
online
or
on
telephone,
and
vice
versa.
I've
been
retained
to
do
from
from
outside
people
outside
kentucky
to
do
legal
work
and
again
it's
never
been
in
person,
and
if
we're
going
to
modernize
this
and
and
we
and
we
leave,
live
in
the
age
of
technology
and
internet
or
broadband,
why
would
we
want
to
maintain
something
that
seems
archaic
to
me
in
the
in-person
requirement?
C
D
D
F
I'll
speak
to
this,
I
agree
with
the
michelle
it's
once
in
12
months
and
another
point
in
our
10
stakeholder
meetings
with
the
veterinarians
across
the
state.
We
were
100
unanimous
support
from
veterinarians
for
the
once
of
12-month
visit,
but
I'm
an
equine
practitioner
in
central
kentucky
and
I'll
give
you
an
example-
and
I
told
this
to
the
board.
A
month
ago
I
have
had
a
lady,
bring
me
a
horse
and
said
doc.
It's
it's
lame
in
the
left
rear
and
she
was
confident
it's
lame
in
the
left
rear.
I
have
to.
F
I
have
to
touch
that
animal.
I
have
to
put
my
hands
on
it.
I
have
to
watch
it
jog.
I
have
to
flex
its
legs
and
it's
lame
in
the
right
front.
It's
where
the
horse
was
lame
and
I
showed
her.
I
nerved
numb
the
nerve
and
it
went
sound,
showed
it
right
where
it
was
lame
and
that
can't
be
done
visually
on
telehealth.
F
Now,
there's
certain
things
that
can
be
done
and
we're
saying
that
in
that
other
12
11
months
and
so
many
days
of
the
year,
that
you
can,
you
can
do
that
with
telehealth,
but
that
initial
examination
is
essential
to
be
in
person
and
I
I'm
speaking
from
a
practicing
veterinarian
daily
and
then
there
are
things
that
the
rest
of
the
time
you
can
do.
We
do
telehealth
every
day,
clients,
matt,
representative
cook's,
one
of
my
clients,
you'll
text
me.
I
need
this
this.
F
E
Another
key
issue,
too,
is
to
that
point:
is
what
are
our
obligations
as
the
board
that
protects
the
public?
How
do
we
handle
someone
that
is
sitting
in
california
diagnosing,
maybe
incorrectly
and
prescribing
maybe
inappropriately
controlled
substances
whatever?
But
how
do
we?
What
is
our
recourse
sure
they're
licensed,
but
they
don't
reside
in
the
state.
We
can
reject
their
license,
but
they
can
still
continue
to
operate
outside
the
law.
E
If
they
choose
to
do
so,
and
so
we
see
we're
seeing
some
issues,
we
see
this
with
internet
pharmacies.
We've
actually
are
working
on
something
with
board
of
pharmacy
right
now,
so
we
have
these
things
that
are
coming
because
of
the
internet.
So
what
we're
trying
to
do
is
be
ahead
of
that
curve
and
and
and
kind
of
cut
that
off
plus.
To
reiterate
what
dr
park
has
said:
our
veterinarians
are
100
in
agreement
I
mean,
and
if
you
get
veterinarians,
to
be
100
in
agreement
on
anything,
it's
pretty
amazing,
but
at
our
stakeholder
meetings.
E
K
Thank
you
chairman,
and
thank
you
for
this
excellent
presentation.
Wow
there's
a
lot
of
information
in
this.
It
seems,
like
you,
guys,
have
added
literally
everything,
no,
not
to
replay
your
joke
from
earlier.
It's
well-vetted,
it's
very
well
vetted!
You
know
this
is
a.
This
is
a
topic
that's
near
and
dear
to
my
heart.
You
know
my
father's
a
veterinarian,
my
uncle's
a
veterinarian,
my
grandfather,
my
great-grandfather,
my
great-great-grandfather,
so
this
is
something
that's
really
really
important.
I
see
the
tremendous
value
here.
K
I
see
the
tremendous
value
in
the
pushback
on
telehealth,
I
mean,
like
you
said
you
know.
Mr
ed
came
along
once
in
a
lifetime.
The
talking
horse.
Okay,
we
don't
have
many.
We
don't
have
many
many
options
like
that
that
where
it
makes
the
job
super
super
easy,
so
I
understand
that
the
skill
that's
necessary
in
order
to
be
a
good
veterinarian,
a
couple
questions
first
recruitment.
K
What
are
we
doing
for
recruitment?
I
mean
I'm
talking
at
the
school-based
level
because
obviously
I'm
going
to
tie
everything
back
to
the
education
system.
What
what
are
we
doing
there?
Because
I
can
tell
you,
as
a
former
teacher,
I
had
students
that
would
come
to
me
and
say:
listen.
Can
I
talk
to
your
dad
about
being
a
veterinarian
and
his
first
reply
was:
don't
be
small
animal
just
because
he
saw
the
dire
need
for
large
animal
vets
and
how
we
were
having
a
tremendous
shortage.
K
But
could
you
talk
a
little
bit
about
recruitment
efforts
that
you
all
are
looking
to
deal
with
that.
D
Sure
I
can
tell
you
that
when
you
talk
about
veterinary
shortages
as
a
large
topic,
there
is
no
one
single
solution.
That's
going
to
be
the
cure-all
for
this
issue.
Recruitment
is
something
that
has
come
up
recently
when
we
start
to
talk
about
funneling
students
into
animal
science
and
biology
programs
and
then
into
vet
medicine.
I'm
happy
to
share
that
the
kentucky
veterinary
medical
association
kvma
has
started
a
student
chapter
program
in
auburn
intends
to
expand
to
other
colleges
to
get
those
folks
to
come
back
here
to
kentucky,
but
recruitment
is
just
one
aspect.
D
K
I
have
a
a
brief
follow-up.
I
have
been
fortunate
to
be
the
son
of
a
of
a
professor
who
taught
at
vet
schools
and
I've
seen
the
need
and
I've
I've
heard
about
it
for
a
long
long
time
about
the
desire
to
have
some
closer
by
are
there
within
six
hours
of
lexington
or
of
kentucky,
and
for
that
matter
we're
looking
at
auburn
tuskegee
what
else?
What
are
there
options
for
people
who
want
to
go
to
vet
school.
K
Of
missouri,
the
reason
why
I
bring
that
up
is
I
I've.
Had
several
students
who
have
gone
this
route
and
they've
never
come
back.
They've
stayed
they've
stayed
in
alabama.
They,
the
the
state
of
alabama,
has
embraced
them.
They
wait
at
graduation
and
say:
hey.
We
have
a
job
for
you
or
you
know
this.
This
is
what
we
have
available
for
you.
I
can't
stress
that
piece
enough.
K
If,
if
we
need
to
start
exploring
or
having
discussions
about
having
a
local,
I
I
think
it's
a
very,
very
valid
concern,
and-
and
it's
a
very
I
know
it's
a
bit-
it's
a
big,
it's
a
big
ask
for
for
this
particular
problem,
but
our
large
animal
vet
services
are
lacking.
We
are
in
dire
need
and-
and
I
do
think
that
we
need
to
be
aggressive
with
that.
Thank.
L
Thank
you,
mr
chairman,
and
I
want
to
piggyback
on
some
of
the
questions
that
representative
timothy
and
senator
thayer
asked,
and
I
was
a
little
late.
So
I
apologize.
If
you
went
over
this,
but
disparity
between
shortages
in
the
large
animal
and
small
animal
field,
can
you
bring
that
up?
You
may
have
talked
about
it
in
the
presentation
and
I
apologize
for
being
a
little
late.
I
had
another
meeting
this
morning.
D
D
D
So
we
are
already
in
discussions
with
both
the
kvma
and
auburn
and
several
other
schools
about
how
to
change
their
screening
system.
That
entry
allows
entry
into
the
vet
schools.
They
are
already
adapting
that
to
allow
for
lower
gpa
doesn't
mean
that
they're
not
going
to
do
as
well
in
vet
school,
but
that
they
have
the
skills
and
the
propensity
to
come
back
here
to
kentucky
in
rural
and
large
animal
work.
G
Floor
of
yours.
Thank
you,
mr
chairman.
I
appreciate
the
the
welcoming
this
morning
what
we're
going
to
talk
about
this
morning.
First
of
all
introduce
myself.
I'm
david,
mead,
speaker
pro
tem
of
the
house.
My
guest
will
introduce
themselves.
G
Well,
thank
you
again,
I'm
I'm
going
to
keep
my
comments
very
brief
and
let
the
experts
test
testify
to
what
we're
trying
to
do
here,
but
we're
trying
to
look
into
the
issue
of
wholesaling
wholesaling
in
real
estate
has
become
a
problem
not
only
in
our
state
but
across
the
country,
as
folks
are
trying
to
figure
out
the
best
way
to
to
deal
with
that.
G
If
you
don't
know
what
wholesaling
is
very
quickly,
wholesaling
is
when
an
individual,
the
wholesaler
enters
into
a
contract
with
a
property
owner,
and
then
they
turn
around
and
advertise
that
contract
in
the
same
manner
that
a
real
estate
license
real
estate
agent
would
to
an
end
buyer
who
then
agrees
to
pay
a
higher
sale
price
than
that
contract.
They
then
assign
that
contract
in
essence
sell
that
contract
to
that
person,
and
at
that
time
they
have
no
intention
of
buying
the
property.
G
G
So
they
actually
wouldn't
fall
under
that,
but
under
real
estate
law
they
feel
like
they
found
that
loophole,
and
so
in
the
bill
that
I
had
done
this
last
session.
Just
to
start
the
conversation,
it
was
one
line
that
says
that
adding
under
real
estate
brokers
that
it
includes
advertising
for
sale
and
equitable
interest
in
a
contract
for
the
purchase
of
real
property
between
a
property
owner
and
a
prospective
purchaser.
G
M
M
Before
we
talk
about
what
the
bill
does,
I
think
it's
important
to
talk
a
little
bit
about
real
estate
brokerage
in
the
state
of
kentucky
krs
324
defines
real
estate
brokerage
as
an
entity
that
sells
or
offers
to
sell,
buys
or
offers
to
buy,
negotiates,
manages
leases
or
rents
real
estate
for
compensation,
and
it
says
that
if
you
do
those
things,
you
need
to
hold
a
valid
kentucky
real
estate
license
issued
by
the
kentucky
real
estate,
commission
and
answers.
Why?
M
It's
how
many
kentuckians
build
generational
wealth,
it's
how
many
will
have
the
means
to
retire
to
send
their
kids
to
college
or
to
afford
health
care
in
their
later
years.
We
license
real
estate
agents
in
the
state
of
kentucky
and
every
other
state
in
the
union,
because
property
ownership
is
central
to
the
american
dream.
M
With
that
in
mind,
the
kentucky
real
estate
commission
establishes
that
a
real
estate
licensee
in
the
state
of
kentucky
owes
a
fiduciary
duty
to
their
clients.
There
are
not
many
professions
that
have
a
legal
fiduciary
obligation:
lawyers,
medical
doctors,
certain
financial
advisors
and
real
estate
agents.
M
M
The
practice
he's
talking
about,
as
he
said,
is
wholesaling,
but
I
think
it's
important
that
we
define
what
wholesaling
is
not
because
there's
a
lot
of
confusion
on
this
topic.
Wholesaling
is
not
purchasing
a
property
renovating
it
and
then
reselling
it.
That's
typically
called
flipping
and
that's
not
remotely
what
we're
talking
about
today.
It's
also
not
closing
on
a
property
and
then
reselling
it.
M
That's
called
buying
low
and
selling
high
in
a
normal
business
transaction,
and
it's
not
simply
assigning
a
contract
to
another
party
that
happens
all
the
time
between
different
business
entities
or
between
family
members.
What
we're
talking
about
when
we
talk
about
wholesaling
is
the
process
of
entering
into
a
contract
selling
the
paper
to
someone
else
for
a
profit
and
pocketing
the
difference
of
the
original
sales
price.
M
Wholesaling.
Typically,
targets
distressed
properties
where
an
offer
is
made
at
a
price
lower
than
the
property
is
worth.
Then
the
contract
is
sold
on
to
a
different
buyer
for
closer
to
its
actual
value
and
the
wholesaler
pockets.
The
difference,
the
selling
of
equitable
interest
in
a
property
is
taught
in
seminars
across
the
country
as
a
way
to
get
rich,
quick,
you've,
surely
seen.
The
signs
in
your
community
will
buy
your
house
for
cash.
M
This
doesn't
make
it
make
sense
and
it
doesn't
serve
consumers
who
believe,
when
someone
offers
to
buy
their
house
that
they're
going
to
make
a
good
at
faith
effort
to
buy
it
or
if
someone
is
claiming
to
be
shopping,
that
property
to
another
buyer.
They
have
every
expectation
in
the
state
of
kentucky
that
that
person
is
a
real
estate
licensee,
who
has
their
best
interests
at
heart.
M
Wholesaling
has
been
practiced
in
kentucky
for
a
long
time
across
the
country.
It's
not
really
new.
So
why
are
we
asking
for
legislation
now?
The
reality
is,
in
the
last
three
years,
we've
seen
an
unprecedented
rise
in
the
value
of
property
in
downtown
lexington.
We've
seen
a
44
increase
in
the
value
since
2019.
M
That's
five
percent
faster
than
the
rest
of
the
community,
but
it's
not
just
an
urban
issue.
The
city
of
corbyn,
since
2019,
has
seen
a
60
percent
increase
in
the
value
of
a
home
in
real
numbers.
That's
125,
000
to
200
000
in
three
years
as
the
market
is
expanded.
So
too
have
the
number
of
people
who
are
wholesaling
and
trying
to
take
advantage
of
this
rapid
rise
in
value.
To
put
that
in
context,
normal
appreciation
of
real
estate
is
somewhere
between.
Historically
normal
is
somewhere
between
two
and
four
percent
even
experienced
every
day.
M
Buyers
and
sellers
of
real
estate
are
having
a
hard
time
keeping
up
with
today's
values.
The
legislation
before
you
today
does
not
seek
to
make
it
more
difficult
for
property
to
be
bought
and
sold.
It
seeks
to
ensure
that
everyone
is
treated
fairly
as
the
law
requires
when
someone
is
making
money
brokering
a
deal
between
a
buyer
and
a
seller.
M
Nothing
in
this
legislation
will
hinder
a
property
owner
from
selling
a
property
themselves
or
any
buyer
from
purchasing
a
property
and
assigning
the
contract
to
another
person.
What
it
does
do
is
ensure
that
if
someone
holds
themselves
out
to
the
public
to
sell
a
property,
they
don't
own
and
collect
a
fee
for
that
role.
They
should
be
licensed.
M
If
we
go
back
to
the
start
of
this
presentation,
why
we
license
real
estate
agents
in
the
state
of
kentucky?
Don't
we
owe
it
to
our
neighbors
to
ensure
that
if
a
wholesaler
is
making
money
on
a
consumer's
asset
that
they
be
subject
to
the
same
fiduciary
requirements
as
every
other
person
brokering
real
estate
in
the
commonwealth?
Thank
you
for
the
opportunity
to
address
you
today,
I'd
like
to
introduce
the
kentucky
realtor,
ceo
josh
summers.
To
conclude
our
presentation.
N
Thank
you,
speaker
mean
for
your
sponsorship
of
this
bill
and
thank
you,
chairman
and
committee
members
for
your
time
today.
Again
my
name
is
josh
summers
and
I
have
the
honor
of
serving
as
the
chief
executive
officer
of
kentucky
realtors,
the
relationship
between
kentucky
realtors
and
the
legislature
has
never
been
stronger
than
it
is
today,
and
we
look
forward
to
continuing
to
build
on
that
relationship
with
you
in
the
coming
months.
N
O
M
About
not
exactly,
I
can
see
where
that
would
come
from.
Perhaps
you
know
from
another
another
industry
or,
and
there
are
finders
fees
that
do
get
paid
in
various
real
estate
transactions.
M
What
this
is
really
is,
is
a
person
goes
to
a
seller
and
says
I
think
your
house
is,
is
worth
fifty
thousand
dollars
and
and
you
should
be
worried
that
prices
are
going
to
go
down
soon.
M
They
have
a
relationship
with
and
sell
it
for
what
it's
actually
worth
and
pocket
the
difference
and
the
seller
not
necessarily
understanding
the
real
estate
market
have
now
been
taking
advantage
of
someone
who
knows
the
market
better
than
they
do
and
they've
lost
out
on
what
is
likely
to
be
thousands
and
thousands
of
dollars
of
value
in
their
home.
So
that's.
O
Not
ill
illegal
right,
I
mean
sounds
like
fraud
or.
M
It
it
would
be
illegal
for
a
real
estate
licensee
today,
to
do
something
similar.
M
P
Two
questions
first
question:
there's
I
guess
somewhat
of
a
similar
concept
of
a
double
closing.
P
What
would
this
prevent
that,
and
I
guess
my
concern
would
be
that
in
a
double
closing
you
you've
actually
closed
on
the
property.
There's
not
an
equitable
interest
that
it's
been
purchased.
Presumably
a
deed
would
be
signed,
hopefully
recorded.
P
P
M
Thank
you,
mr
chairman,
a
double
closing
so
so
everybody's
just
clear
on
what
on
what
that
is.
Back
to
my
example.
A
moment
ago,
I've
entered
into
a
contract
to
purchase
a
property.
I
go
and
find
a
buyer.
I
actually
close
on
the
property
and
then
immediately
sell
it
to
somebody
else
and
close
immediately.
G
Representative
flannery,
the
the
my
experience
with
that
I
have
with
some
of
this
is
that
the
people
that
I
have
I
know
that
have
been
taking
advantage
of
this
are
mainly
older,
folks,
folks,
who
don't
know
the
market
or
are
in
distressed
situations
where
they're
they're,
starting
to
kind
of
panic,
because
they're,
possibly
getting
foreclosed
on
whatever
it
may
be.
They
come
in
and
say
I
came
to
you
and
I
said:
okay,
I
meet
with
you.
G
G
I
hope
you
sell
your
property
and
I'll
leave,
but
if
I
come
to
you-
and
I
see
that
you
don't
understand
the
market
completely
I'll
make
you
that
offer
talk
to
you
about
how
things
could
change
quickly
in
the
market,
get
that
deal
done
with
you
and
then
go
on
to
advertise
property,
which
is
that's
where
it
starts
to
get
into
more
of
real
estate
law.
You're
advertising
that
property
for
sale
without
having
a
brokerage
license,
and
then
there
are
no
there's,
no
real
recourse.
P
Yes,
representative
b
touched
on
some
of
that.
For
my
second
question,
I
guess
second
part.
I
guess
I
would
agree
that
typically,
the
purchase
of
a
home
is
the
probably
the
most
important
financial
transaction
that
someone
would
would
make
in
their
lifetime
or
and
that
there
is
a
consumer
protection
issue
there.
But
I
guess
help
me
appreciate
some
of
the
other
examples
of
consumer
protection.
That's
needed,
representative.
You
discussed,
I
guess.
Maybe
it's
been
your
experience
that
elderly
people
this
might
be
needed
for
them.
G
I
think
it's
the
free
market
issue
is,
is
the
when
you're
advertising
that
property-
and
there
are
laws
out
there
for
for
that
purpose
of
advertising
real
estate
when
you
are
not
the
owner
of
a
property
for
sale
by
owner,
that
owner
can
sell
that
property
anytime
they
want
to.
But
when
you
are
representing
someone
or
you're
representing
a
property
trying
to
bring
a
buyer
and
seller
together,
there
are
fiduciary
duties
there
that
should
be
included
with
that
and
that
are
not
included.
Unless
we
add
this
portion
to
that
piece
of
krc
law.
Q
J
Speaker
me,
and
I'm
sure,
I'm
not
alone
in
this,
so
so
every
day
when
I
get
those
annoying
phone
calls
or
text
messages
that
say,
do
you
want
to
sell
your
property?
Okay?
I
are
these
wholesalers
now
that
are
doing
this
is
this:
is
this
part
of
their
their
their?
Their
thousand
calls
a
day
to
try
to
find
someone
who's
going
to
do.
That
is.
Is
that
what
I'm
listening
to
now.
G
R
R
Not
only
are
prices
going
through
the
roof,
I
think
what
we're
seeing
too
the
last
few
years-
and
you
probably
agree
with
this-
is
a
lot
of
investment
money
coming
into
the
market,
buying
properties
for
retail
value,
which
that
didn't
happen
hardly
at
all,
and
when
I
save
retail
value
I'm
talking
about
well,
I
would
just
say
the
way
I
learned
purchase
real
estate
there's
a
lot
of
overpayment
for
real
estate.
I
think
there's
a
lot
of
money
going
into
real
estate
and
they're
banking
on
appreciation
as
part
of
their
investment
strategy.
R
R
There
are
always
unscrupulous
people
out
there.
They
often
give
us
all
a
bad
name,
so
just
because
I'm
an
investor
and
a
investment
owner
doesn't
mean
that
I
don't
want
some
sort
of
tight
control
in
this,
because
I've
seen
some
unscrupulous
wholesaling
methods
and
I
think
a
lot
of
it
comes
from
seminars
and
getting
people
all
jacked
up
about
going
out
there.
We're
gonna
be
a
get
rich,
quick,
quick
scheme,
anybody
that
owns
businesses.
No,
it's
not
nothing
is,
is
a
get
rich,
quick
scheme
it.
R
R
Many
of
the
years
I've
been
in
this,
it
hasn't
been
easy
to
sell
properties
that
are
in
need
of
a
lot
of
work
and
and
many
times
it's
not
in
a
real
estate
agent's
interest
to
try
to
list
those
types
of
properties
because
they're
almost
unsellable
and
that's
when
you
need
the
niche
of
an
investor
to
come
in
there.
My
question
is:
I'm
sorry
about
all
that.
R
My
question
is
as
a
retailer.
I
was
I've
been
mostly
a
retailer
over
the
years
and
I've
done
business
with
wholesalers.
Not
only
do
they
bring
us
deals
from
time
to
time
we
often
get
into
a
business
where
we
are
making
offers
on
properties
at
a
large
number,
a
large
volume,
because
most
of
them
obviously
get
rejected
in
order
to
run
the
business
and
keep
it
going.
It's
important
to
keep
the
funnel
full
on
prospects.
R
Sometimes
you
get
in
a
situation
where
and
and
by
the
way,
when
we
make
those
offers,
it's
every
intention
to
buy
and
and
get
that
deal,
because
if
I
wasn't
going
to
make
money
on
the
deal,
I
would
make
the
offer
okay.
We
we
look
at
it
as
as
we
make
our
money
at
acquisition
time.
If
we
buy
right.
R
There
are
times
where
we
get
a
couple
of
offers
more
than
we
intended
accepted.
So
I
might
call
a
wholesaler
or
I
might
call
another
retailer.
I
should
say
and
say:
hey
how
busy
are
you?
I've
got
a
property
here
and
I
flip
them
the
property
and
make
a
couple
of
thousand
off
off
the
deal
for
my
time
and
effort.
Now,
when
we
do
that,
we
do
simultaneous
closings
double
closing.
So
I
think
representative
flannery
addressed
this
question.
R
G
You're
exactly
right
it.
It
comes
down
to
the
advertising
of
that
and
you
had
several
things
that
you
said
in
there
that
that
were
key
to
this.
You
have
every
intent
of
buying.
You
have
every
intent
of
taking
that
deed.
I
myself
buy
and
sell
houses
from
time
to
time
as
an
investor,
a
single
investor,
and
I
will
buy
some
of
those
distressed
properties,
but
I,
as
we
said,
we
have
every
intention
of
taking
those
deeds.
We
also
are
not
tying
them
up
with
any
type
of
contractor
option.
G
So
that's
another
issue
is
that
on
these
distressed
properties,
for
those
folks
who
may
be
on
the
verge
of
foreclosure
need
to
get
rid
of
something
quick
many
times
they
can
get
tied
up
in
these
contracts
and
then
time
run
out
on
them,
so
they're
needing
to
get
a
buyer
who's
actually
going
to
take
deed
and
buy
it
as
quickly
as
possible.
So
those
are
some
of
the
issues,
but
what
you
said
is
exactly
right,
because
you're
not
advertising
that
property
you
this.
This
would
not
relate
to
your
situation.
R
Okay,
thank
you
for
that,
and.
C
C
It
was
much
more
frequent
last
spring,
it's
probably
down
to
about
one
or
two
a
month
right
now
and
we
get
them.
I
laugh
she
laughs.
I
offer
a
hundred
dollars
an
acre
more.
She
throws
me
out
of
the
house,
but
the
point
is
that
you
know
they're
offering
well
well
below
market
value.
It
comes
in
that
you
know.
This
is
property.
That's
worth
probably
seven
to
eight
thousand
dollars
an
acre.
C
They
usually
offer
1500
1800
offer
that
my
mother's
not
going
to
fall
for
it,
but
they're
preying
on
a
very,
very
vulnerable
population
out
there
in
cash
money
and
when
you've
got
funeral
expenses
and
retirement
and
everything
else
to
worry
about,
and
I'm
quite
certain
that
people
in
my
district
have
fallen
prey
to
this,
and
I
appreciate
you
all
bringing
it
forward.
A
And
that's
what
we
do
in
this
committee
is
figure
out
the
line
of
what
is
proper
public
protection
and
and
looking
out
for
others
and
and
and
not
trying
to
interrupt
the
market
representative
pratt.
S
T
I
I
used
to
flip
houses
and
invest
in
real
estate
long
before
flipping
houses
was
on
tv
and
end
up
having
to
rent
a
lot
of
them,
because
you
couldn't
flip
them
as
easy
as
they
say,
but
excuse
my
ignorance,
but
I'm
still
not
sure
what
wholesaler
is.
Is
it
someone
who
purchased
an
option?
Did
the
owner
actually
sign
a
contract
what's
illegal
about
that
unless
the
contract
is
to
put
buyer
and
seller
together
and
there's
already
laws
on
the
books
for
that
with
a
licensed
real
estate
agent?
T
G
You're
you're
right:
they
entered
into
a
contract
in
a
couple
of
ways,
but
the
issue
is
not
the
contract,
the
issues
after
that
the
going
out
and
then
advertising
that
property
never
intending
to
to
take
possession
of
that
property.
G
It's
for
that
protection
there,
where,
as
I
said,
they're
taking,
could
be
taking
advantage
of
not
everyone,
but
it
could
be
taking
advantage
of
those
who
don't
know
the
market,
and
typically
most
of
the
money
is
made
in
these
hot
markets
like
this
right
now,
where
you've
had
a
drastic
increase
of
values.
Folks,
don't
know
what
the
value
of
their
property
are
and
that's
what
they're
looking
for
is
someone
that
doesn't
know
how
that
market
works.
T
Well,
the
purpose
for
an
option
is
an
option
to
purchase
not
necessarily
need
or
have
to
purchase.
Is
this
option,
or
is
this
contract
keeping
the
buyer
from
selling
his
property?
T
T
In
other
words,
you
have
to
come
through
with
what
you
know
what
the
contract
says.
Do
you
have
any
one
of
these
contracts?
We
could
look
at
to
see
exactly
what
we're
looking
at.
M
So
obviously,
there
are
many
different
contracts
that
are
used
in
these
scenarios.
I'm
sure
some
do
use
option
contracts,
but
I
think
typically,
what
we
see
is
a
pretty
standard
offer
to
purchase
contract
with
a
standard
due
diligence
period
during
which
the
contract
can
be
shopped
and
then
really
what
they
do
is
once
they
find
somebody
who's
interested
in
the
property
at
a
higher
price
than
they've
already
agreed
to
with
the
seller.
They're
then
selling
the
assignment
of
that
contract.
M
M
Certainly,
the
real
estate
contract
promulgated
by
our
organization
is
not
assignable,
but
the
ones
that
they
use
are
and
so
they're
marketing
the
property
and
then
getting
somebody
to
pay
them
for
the
paper
and
then
they're
assigning
that
contract,
and
then
the
new
party
closes
on
it.
T
I
understand
that
and
for
interest
time.
I
need
to
talk
to
you
speaker
pro
tem
later
about
this,
because
I
totally
and
not
far
this
because
I'd
like
to
write
some
options
and
it
makes
money
off
of
it.
I
don't
see
a
reason
why
we
can't,
I
think,
arizona's
already
saying
you
can't
go
advertise
my
property
without
an
option
and
stuff
unless
you're
a
real
estate
broker.
G
Well,
you
can't
really
go
and
advertise
the
property
for
sale
with
just
an
option
on
it
without
you're,
not
really
the
owner
of
the
property,
so
you
don't
fall
under
the
for
sale
by
owner
laws.
At
that
point,
the
option
is
really
just
the
contract
is
to
get
into
the
loophole
of
now.
I've
got
I
I
can
say
I
have
an
equitable
interest
in
this
which
which.
L
I
happen
to
own
a
piece
of
property
with
my
brother
that
has
been
in
our
family
for
quite
some
time
and
we
have
been
holding
on
to
that
property
because
of
development
around
it
and
just
waiting
to
see
what's
going
to
happen
with
some
things,
but
we
get
those
same
offers.
That
representative
cook
was
talking
about
and
again
we
laugh
at
them.
I
get
one
about
every
two
or
three
weeks
my
father
and
grandfather
bought
that
property.
L
What
they're
doing
is
they're
taking
advantage,
like
representative
cook,
said
of
a
vulnerable
population
of
people,
people
who
have
been
affected
by
deaths
in
their
family,
elderly
people
and
others
who
don't
know
what's
going
on
in
that
market
right
now
and
who
may
need
money
right
then,
and
it's
it's
really
not
even
about
an
option
because,
most
of
the
time,
when
we
think
about
options,
I
think
we
think
about
commercial
property.
Many
of
these
are
residential
transactions,
where
somebody
believes
that
when
they
sign
that
contract,
they
are
signing
a
document
to
sell
their
home.
L
L
And
so
it's
not
even
investing
it's
just
turning
around
and
taking
advantage
of
people
and
and
trying
to
make
a
profit
off
of
that,
and
it
could
very
well
be
called
fraud,
but
again
they
found
the
loophole
in
the
law.
So,
let's,
let's
clear
up
the
loophole.
Let's
fix
this
and
let's
protect
the
consumer.
A
Sounds
like
this
business
model
is
keeping
the
united
states
postal
service
in
business.
A
All
right,
last
but
not
least,
representative
bratcher.
Thank
you,
sir.
So
we
put
some
time
constraints
as
it
were
on
this
we
have
chairman
pratt,
has
a
meeting
at
one.
A
Some
of
us
want
to
eat
before
we
do
that.
So,
if
we
can,
if
you
can
tell
us
everything,
we
need
to
know
and
nothing
more,
we
would
appreciate
that.
O
I
brought
some
folks
here.
My
name
is
kevin
bratcher
and
go
ahead
and
introduce.
O
The
mr
wright
came
to
me
I'll,
be
quick.
He
came
to
me
with
an
issue
that
sounded
reasonable,
that
we
should
try
to
fix.
This
was
over
a
year
ago,
we're
going
through
the
due
diligence
of
coming
before
you
in
the
interim
to
get
your
take
on
it
and
give
you
some
information
so
I'll
hand
it
over
to
mr
wright.
At
this
time.
S
Yes,
I've
distributed
a
an
excel
spreadsheet
of
our
second
quarter
financial
report
for
the
gaming
in
2022.
Here
it's
required
by
a
statute
that
a
deposit
has
to
be
made
every
two
days
following
an
event.
S
It
was
always
my
understanding
that
an
event
was
like
a
a
picnic
or
a
night
at
the
races
where
you,
you
brought
the
income
in
you
paid
the
bills
and
what
was
left
was
profit.
You
immediately
deposited
that
they
now
require
that
are
it's
now
assumed
that
an
event
is
a
daily
pull
tab
sales,
whether
it
be
electronically
done
or
paper
pull
tabs
and
those
deposits.
S
Those
profits
deposited
every
two
days,
so
the
spreadsheet
here,
the
green
are
the
days
that
that
I'm
required
to
make
a
deposit
into
the
gaming
account
for
the
very
first
one.
If
I
make
it.
If
I
make
a
deposit
on
monday
morning,
then
at
the
end
of
the
day
on
the
first
monday,
there
I'm
677
dollars
in
the
hole
so
we're
just
a
small
organization,
most
of
the
veterans
post
now
or
are
small
or
going
out
of
business,
and
so
this
is.
This
is
something
that
directly
impacts
us.
S
This
financial
officer
is
just
a
voluntary
position.
I
have
a
full-time
job
so
trying
to
balance
getting
the
deposits
in
and
tracking
all
of
the
sales
and
and
profits
is
a
chore
in
itself.
S
So
what
we
are
asking
is
that,
with
this
bill,
that
if
we
don't
make
so
much
profit
that
that
we're
limit
that
we
can
move
it
to
deposits
once
a
week,
this
would
greatly
help
us-
and
I
know
other
organizations
are
struggling
with
this
as
well.
S
O
They
refuse
to
talk
about
it.
To
me
I
mean
I
shouldn't
say:
refuse
it's
just
that
I
don't
think
they're
ready.
They
don't
want
this
to
happen.
Now
these
these
mounts
we're
talking
about
are
really
low.
I
mean
I'm.
Obviously
this
law
or
this
reg
was
put
in
to
prevent
you
know
some
of
the
horror
stories
we
heard
about
bingo
when
it
first
started
in
the
90s
people,
pocketing
80
and
100
thousand
dollars
in
their
closet
of
cash.
O
We're
talking
some
serious
low
amounts
of
money
here,
and
you
know
these
most.
A
lot
of
these
groups
are
our
veteran
organizations.
O
S
I
I
spoke
to
stephanie
ledford
she's,
the
financial
person
for
the
gaming
with
the
gaming
commission
and-
and
she
said
that's-
the
law
requires
pull
tabs
to
be
a
daily
event.
Q
Q
I
don't
have
the
money
to
pay
it
out,
because
it's
now
in
the
bank,
so
it's
it's
really
hard
to
deposit
on
monday,
not
knowing
what
someone's
going
to
win
the
next
day.
You
understand
what
I'm
saying
and
then
I
have
to
I'm
required
to
go
in
there
each
day
and
pull
the
pull
tab
machine
count
the
profit
and
then
count
the
loss
and
keep
track
of
that.
A
Having
come
to
the
end
of
the
agenda,
I
believe
our
next
meeting
is
august
24th
here
in
frankfurt
the
day
before
we
all
go
to
the
state
fair
for
above
meetings
and
otherwise
thank
you
for
your
attendance.
We
stand
adjourned.