Sign Up
SB 157 Kentucky Senate · 2026 Regular Session

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

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.
Bill status signed all 5 stages cleared
Introduction
Feb 2026
Committee Review
Mar 2026
Senate Passage
Mar 2026
House Passage
Mar 2026
Signed into Law
Apr 2026
Introduced Feb 3, 2026 Signed Apr 8, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Current/Final · 1 edit
MINOR
The bill text has been updated from a generic identifier to the official bill number SB 157, reflecting its progression from introduction to a final version. The document metadata was corrected to include the specific bill number and a slightly later timestamp, indicating a formal revision or finalization of the draft.
TECHNICAL

The bill identifier was changed from a generic reference to the specific bill number SB 157, and the document header was updated to reflect the final version status.

Floor votes · Senate Feb 26, 2026

How they voted

44–0
Passed
Total votes 44
Feb 26, 2026
D Democratic6
6 Yea
100% Yea
R Republican38
38 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
19
Key actions
7
Committee
6
Apr 8, 2026
Signed into law
signed by Governor (Acts Ch. 57)
upper
Mar 27, 2026
Lower · Passed
enrolled, signed by Speaker of the House
lower
Mar 27, 2026
Upper · Passed
enrolled, signed by President of the Senate
upper
Mar 27, 2026
Upper · Passed
3rd reading, passed 89-1
upper
Mar 18, 2026
Upper · Passed
reported favorably, 1st reading, to Calendar
upper
Mar 13, 2026
Committee
to Banking & Insurance (H)
lower
Feb 26, 2026
Committee
to Committee on Committees (H)
lower
Feb 26, 2026
Upper · Passed
3rd reading, passed 38-0
upper
Feb 24, 2026
Upper · Passed
reported favorably, 1st reading, to Calendar
upper
Feb 20, 2026
Committee
to Banking & Insurance (S)
upper
Feb 3, 2026
Committee
to Committee on Committees (S)
upper
Feb 3, 2026
Introduced
introduced in Senate
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.