| Last Action | 02/03/26: to Committee on Committees (S) |
|---|---|
| Title | AN ACT relating to total net income limits on loans secured by a mortgage. |
| Bill Documents | Introduced |
| Bill Request Number | 1992 |
| Sponsor | J. Howell |
| Summary of Original Version | 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. |
| Index Headings of Original Version |
Banks And Financial Institutions - Mortgage loans, total net income limits, exemption Loans, Credit, Interest, And Usury - Mortgage loans, total net income limits, exemption Real Estate - Mortgage loans, total net income limit, exemption |
| 02/03/26 |
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Last updated: 2/6/2026 4:20 PM (EST)