Senate
Signed By Governor
2026 Regular Session
SB157
Log in to followAN ACT relating to total net income limits on loans secured by a mortgage.
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.
Introduced: February 3, 2026
Last action: April 8, 2026
Signed By Governor (Acts Ch. 57)
Legislative History
Feb 3, 2026 · Senate
Introduced In Senate
Feb 3, 2026 · Senate
To Committee On Committees (S)
Feb 20, 2026 · Senate
To Banking & Insurance (S)
Feb 24, 2026 · Senate
Reported Favorably, 1st Reading, To Calendar
Feb 25, 2026 · Senate
2nd Reading, To Rules (clerical)
Feb 25, 2026 · Senate
Posted For Passage In The Regular Orders Of The Day For Thursday, February 26 2026 (clerical)
Feb 26, 2026 · Senate
3rd Reading, Passed 38-0 (clerical)
Feb 26, 2026 · House
Received In House
Primary Sponsor
Jason.Howell@kylegislature.gov