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SB 142 Kentucky Senate · 2026 Regular Session

AN ACT relating to affordable housing, making an appropriation therefor, and declaring an emergency.

Summary
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.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAppropriates $25M from General Fund to affordable housing fund, directly funding a public service program per budget & appropriations subjects.95% confidence ✓ HousingSupports HousingAppropriates $25M to abandoned home pool fund for affordable housing initiatives, directly funding housing development and rehabilitation.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2026 Last action Mar 10, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Mar 10, 2026
Committee
to State & Local Government (S)
upper
Jan 30, 2026
Committee
to Committee on Committees (S)
upper
Jan 30, 2026
Introduced
introduced in Senate
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.