An act relating to total net income limits on loans secured by a mortgage.
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “AN ACT relating to total net income limits on loans secured by a mortgage.” Read the full text
2026 regular session
What it does
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.
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Show all 19 actions
introduced in Senate · Feb 3, 2026
to Committee on Committees (S) · Feb 3, 2026
to Banking & Insurance (S) · Feb 20, 2026
reported favorably, 1st reading, to Calendar · Feb 24, 2026
2nd reading, to Rules · Feb 25, 2026
posted for passage in the Regular Orders of the Day for Thursday, February 26 2026 · Feb 25, 2026
3rd reading, passed 38-0 · Feb 26, 2026
received in House · Feb 26, 2026
to Committee on Committees (H) · Feb 26, 2026
to Banking & Insurance (H) · Mar 13, 2026
reported favorably, 1st reading, to Calendar · Mar 18, 2026
2nd reading, to Rules · Mar 19, 2026
posted for passage in the Regular Orders of the Day for Friday, March 27 2026 · Mar 26, 2026
3rd reading, passed 89-1 · Mar 27, 2026
received in Senate · Mar 27, 2026
enrolled, signed by President of the Senate · Mar 27, 2026
enrolled, signed by Speaker of the House · Mar 27, 2026
delivered to Governor · Mar 27, 2026
signed by Governor (Acts Ch. 57) · Apr 8, 2026
The numbers
0
sponsors on the bill
Every fact on this page links to its source, starting with the official bill record. Last action: 04/08/26: signed by Governor (Acts Ch. 57).