KY HB508

Prohibits receiving compensation for referring individuals to veterans' benefits advisors and restricts paid services during the one-year presumptive period after active duty release unless the veteran signs a waiver acknowledging free services are available

Caps fees for veterans' benefits assistance at five times the one-month benefit increase, with a maximum of $12,500, and prohibits initial or nonrefundable fees

Bans paid claims consultants from using international call/data centers for veterans' personal information, aggressively soliciting business, or gaining direct access to veterans' medical, financial, or government login credentials

Requires paid consultants to provide oral and written disclosure that they are not affiliated with the VA or Kentucky Department of Veterans' Affairs and that free services exist elsewhere

Mandates annual reporting to the Kentucky Department of Veterans' Affairs by December 1, including business information and claims data, with violations constituting unfair trade practices under KRS 367.170