KentuckyAN ACT relating to total net income limits on loans secured by a mortgage.
What it does
Amend KRS 286.8-125 to exempt loans for which the total points and fees do not exceed the threshold set forth in 12 C.F.R. sec. 1026.43(e)(3) from total net income limits; make technical amendments; direct that the Act applies to contracts entered into on or after the effective date of the Act.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 8signed by Governor Andy Beshear (Acts Ch. 57)Became Law
- Mar 27delivered to Governor
- Vote recorded Pass. Result: pass.Lower
- Mar 27enrolled, signed by Speaker of the HouseTo Governor
- Mar 27enrolled, signed by President of the SenateMajor
- Mar 27received in Senate
- Mar 273rd reading, passed 89-1Passed House
- Mar 26posted for passage in the Regular Orders of the Day for Friday, March 27 2026
- Mar 192nd reading, to RulesMinor
- Mar 18reported favorably, 1st reading, to CalendarMinor
- Mar 13to Banking & Insurance (H)Minor
- Feb 26to Committee on Committees (H)Minor
- Vote recorded PASS SB 157. Result: pass.Upper
- Feb 26received in House
- Feb 263rd reading, passed 38-0Passed Senate
- Feb 25posted for passage in the Regular Orders of the Day for Thursday, February 26 2026
- Feb 252nd reading, to RulesMinor
- Feb 24reported favorably, 1st reading, to CalendarMinor
- Feb 20to Banking & Insurance (S)Minor
- Feb 3to Committee on Committees (S)Minor
- Feb 3introduced in SenateIntroduced