26RS HB 580

Actions

Last Action	02/06/26: to Committee on Committees (H)
Title	AN ACT relating to a first-generation homebuyer trust fund program.
Bill Documents	Introduced
Bill Request Number	1010
Sponsor	C. Aull
Summary of Original Version	Create new sections of KRS Chapter 198A to define terms; establish a revolving account to be known as the first-generation homebuyer trust fund; establish eligible activities and uses of the trust fund; require Kentucky Housing Corporation to operate a forgivable loan program for eligible first-generation homebuyers applicants, administer the fund, and submit annual reports to the Legislative Research Commission.
Index Headings of Original Version	Budget And Financial Administration - First-generation homebuyer trust fund, establishment Housing, Building, And Construction - First-generation homebuyer trust fund, establishment Reports Mandated - Kentucky Housing Corporation, first-generation homebuyer trust fund State Agencies - Kentucky Housing Corporation, first-generation homebuyer trust fund, establishment