Kentucky · 2026 Regular Session · Bill
SB 321: AN ACT relating to affordable housing programs established by local governments.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 321 is a bill introduced in the Kentucky Senate on March 2, 2026. According to its official title, it concerns: AN ACT relating to affordable housing programs established by local governments. Primary sponsor: Cassie Armstrong (Democratic), Gerald Neal (Democratic). Most recent recorded action (March 2, 2026): to Committee on Committees (S).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Create a new section of KRS Chapter 65 to define terms; permit a local government to establish a revolving loan program fund to facilitate affordable housing; establish requirements for the fund; permit a local government to use bonding authority to support a fund; establish means and terms of repayment of bonds issued for a fund; permit a local government to use a fund to make loans for development of affordable housing and for rehabilitation of homes by low-income persons; allow local government to assess fines and fees for failure to repay loans as part of a program; create a lien in association with a loan issued under a program and set out priority of the lien.
Sponsors
Sponsors by party (alphabetical): Democratic 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Cassie Armstrong | Primary sponsor | Democratic | Senate | 19 |
| Gerald Neal | Primary sponsor | Democratic | Senate | 33 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- to Committee on Committees (S)
- introduced in Senate