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SB 87

Kentucky - Session 26RS

Senate in_committee 2026-01-14
Bill Details

Title: AN ACT relating to the provision of financial services and products by credit unions.

Summary

Amend KRS 66.480 to allow local government and school district investments in United States obligations by a repurchase agreement with a credit union and in interest-bearing accounts issued through a credit union; amend KRS 41.010 to redefine "bank"" and ""state depository"" to include credit unions; amend KRS 41.070 to prohibit receipts from being held, used, or deposited in a personal or special credit union account; amend KRS 41.220 to allow credit unions to be designated as state depositories; amend KRS 41.240, 41.250, 41.300, 30A.120, and 30A.200 to conform."

Sponsor
Greg Elkins
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-01-14 Introduced Bill introduced
2026-01-14 Status in_committee
2026-01-14 Latest Action 01/14/26: to Committee on Committees (S)
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