AN ACT relating to financial institutions.

SB 274 amends Kentucky law (KRS 286.3-380) to replace gendered language ("his or her") with gender-neutral terms when describing payments to minors making deposits at financial institutions. This change directly affects minors opening bank accounts in Kentucky by updating the legal wording to be inclusive. The bill only modifies the statutory language - no new requirements or funding are added - and is currently pending referral to the Senate Committee on Committees. It is a procedural update to align the law with modern inclusive language standards.