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Senate Bill 21

Actions | Amendments

Last Action	signed by Governor (Acts Chapter 12)
Title	AN ACT relating to the Kentucky Housing Corporation.
Bill Documents	Bill
Bill Request Number	382
Sponsor	J. Higdon
Summary of Original Version	Amend KRS 198A.715 to expand eligibility for funding from the affordable housing trust fund to include sponsors who meet certain requirements and work in connection with rental housing developments that receive low-income tax credits; require the Kentucky Housing Corporation to determine if an applicant for funds is an eligible sponsor that is owned, by majority interest, by a nonprofit organization that materially participates in the development and operation of the rental housing; permit the Kentucky Housing Corporation to amend and determine eligibility rather than the board of directors; make technical corrections regarding the report provided by the Kentucky Housing Corporation to the Interim Joint Committee on Appropriations and Revenue; amend KRS 198A.720 to extend the time the Kentucky Housing Corporation has to review applications for trust fund dollars from 60 days to 90 days; remove trust fund application ranking criteria and transfer the authority to rank applicants to the corporation, in consultation with the advisory committee for the trust fund; increase the percentage allowable to recipients of trust fund money for administrative costs from five percent to seven and one-half percent; allow the board of directors of the corporation to define "rural areas of the Commonwealth," and remove exclusions in statute; repeal KRS 198A.067.
Index Headings of Original Version	Charitable Organizations and Institutions - Affordable housing trust fund moneys, eligible for nonprofit-owned sponsors working rental housing Appropriations - Affordable housing trust fund moneys, eligible for nonprofit-owned sponsors working rental housing Public Assistance - Affordable housing trust fund moneys, eligible for nonprofit-owned sponsors working rental housing State Agencies - Kentucky Housing Corporation, expansion of duties
Proposed Amendments	Senate Committee Amendment 1
Votes	Vote History

Actions

Top | Amendments

01/08/13	introduced in Senate
01/10/13	to Appropriations & Revenue (S)
02/05/13	reassigned to Licensing, Occupations, & Administrative Regulations (S)
02/26/13	reported favorably, 1st reading, to Consent Calendar with committee amendment (1-title)
02/27/13	2nd reading, to Rules
02/28/13	posted for passage in the Consent Orders of the Day for Thursday, February 28, 2013 3rd reading, passed 34-0 with committee amendment (1-title)
03/01/13	received in House
03/04/13	to Appropriations & Revenue (H)
03/05/13	taken from Appropriations & Revenue (H) 1st reading returned to Appropriations & Revenue (H) posting waived
03/06/13	reported favorably, 2nd reading, to Rules taken from Rules placed in the Orders of the Day for Thursday, March 7, 2013
03/07/13	3rd reading, passed 97-0 received in Senate enrolled, signed by President of the Senate
03/11/13	enrolled, signed by Speaker of the House delivered to Governor
03/19/13	signed by Governor (Acts Chapter 12)

Proposed Amendments

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Amendment	Senate Committee Amendment 1
Sponsor	J. Higdon
Summary	Make title amendment.
Index Headings	Charitable Organizations and Institutions - Affordable housing trust fund moneys, eligible for nonprofit-owned sponsors working rental housing Appropriations - Affordable housing trust fund moneys, eligible for nonprofit-owned sponsors working rental housing Public Assistance - Affordable housing trust fund moneys, eligible for nonprofit-owned sponsors working rental housing State Agencies - Kentucky Housing Corporation, expansion of duties

Last updated: 8/27/2019 7:53 PM (EDT)