Introduced

Passed Senate

Passed House

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · March 10, 2026

To State & Local Government (S)

Introduced January 30, 2026

Senate

Adjourned Sine Die

2026 Regular Session

SB142

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

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.

Administrative Regulations and Proceedings Appropriations Budget and Financial Administration County Clerks Effective Dates, Emergency Fees Funds Housing, Building, and Construction Landlord and Tenant Poverty Property State Agencies Urban Renewal

Read the full text Kentucky Legislature LegiScan

AI-generated. Always verify with primary sources

Plain-language summary

Beta

This bill creates a new fund called the Abandoned Home Pool Fund, overseen by the Kentucky Housing Corporation, to help address abandoned and vacant housing across the state. It would be funded by a $25 million appropriation from the state budget and a new $2 fee added to county clerk recording fees. The goal is to make more affordable housing available by returning abandoned properties to productive use. Who it may affect: Kentuckians seeking affordable housing, county clerks, and communities dealing with vacant or abandoned properties.

Open official bill text (PDF)·Report a problem with the summary