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Sunday, May 10, 2026

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KY · SB142Introduced

AN ACT relating to affordable housing, making an appropriation therefor, and declaring an emergency.

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Plain-English Summary

Create new sections of KRS Chapter 198A to define terms; establish the abandoned home pool fund to be administered by the Kentucky Housing Corporation; specify eligible recipients, activities, and uses of fund; amend KRS 64.012 to increase county clerk recording fees and add a $2 fee to be deposited in the abandoned home pool fund; appropriate $25,000,000 from the General Fund to the abandoned home pool fund; APPROPRIATION; EMERGENCY, effective July 1, 2026.

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