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SB 157

Kentucky Senate bill in Session 26RS.

Status: enacted. Latest action: April 8, 2026.

AN ACT relating to total net income limits on loans secured by a mortgage.

Bill ID KY-26RS-SB-157
Session 26RS
Status enacted
Senate enacted 2026-04-08
Summary

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.

Sponsor
Jason Howell
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-03 Introduced Bill introduced
2026-04-08 Status enacted
2026-04-08 Latest Action 04/08/26: signed by Governor (Acts Ch. 57)
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