States / Kentucky / SB 157

SB 157 Enacted

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

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
Senate
Introduced
Feb 3, 2026
Last action
Apr 8, 2026 — signed by Governor (Acts Ch. 57)
Session
2026RS
Momentum
83 · Very high