26RS SB 142

Senate Bill 142

Actions

Last Action	01/30/26: to Committee on Committees (S)
Title	AN ACT relating to affordable housing, making an appropriation therefor, and declaring an emergency.
Bill Documents	Introduced
Bill Request Number	1798
Sponsor	B. Smith
Summary of Original Version	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.
Index Headings of Original Version	Administrative Regulations And Proceedings - Kentucky Housing Corporation, abandoned home pool fund, establishment Appropriations - Abandoned home pool fund Budget And Financial Administration - Abandoned home pool fund, establishment County Clerks - Abandoned home pool fund, county clerk recording fees, imposition Effective Dates, Emergency - Abandoned home pool fund, establishment, July 1, 2026 Fees - Abandoned home pool fund, county clerk recording fees, imposition Funds - Abandoned home pool fund, establishment Housing, Building, And Construction - Abandoned home pool fund, establishment Landlord And Tenant - Abandoned home pool fund, eligible renters Landlord And Tenant - Kentucky Housing Corporation, abandoned home pool fund, establishment, administration Poverty - Abandoned home pool fund, establishment Property - Abandoned home pool fund, establishment State Agencies - Kentucky Housing Corporation, abandoned home pool fund, establishment, administration Urban Renewal - Kentucky Housing Corporation, abandoned home pool fund, establishment