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HB 717 Kentucky House · 2025 Regular Session

AN ACT relating to establishing a first-generation homebuyer trust fund and program.

Summary
Create new sections of KRS Chapter 198A to define terms; establish the first-generation homebuyer trust fund, establish eligible activities and use of trust fund; require Kentucky Housing Corporation to submit annual reports to the Legislative Research Commission.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates a dedicated trust fund (state budget allocation) for homebuyer program under Budget and Financial Administration, funding a specific initiative per bill's subjects and summary.92% confidence ✓ HousingSupports HousingCreates a dedicated trust fund to assist first-time homebuyers, directly funding affordable housing access per bill's purpose and subjects.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2025 Last action Feb 27, 2025
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Feb 27, 2025
Committee
to Appropriations & Revenue (H)
lower
Feb 19, 2025
Committee
to Committee on Committees (H)
lower
Feb 19, 2025
Introduced
introduced in House
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.