2025 Regular SessionKentucky Legislature

HB717: AN ACT relating to establishing a first-generation homebuyer trust fund and program.

Legislative Summary

Create new sections of KRS Chapter 198A to define terms; establish the first-generation homebuyer trust fund, establish eligible activities and use of trust fund; require Kentucky Housing Corporation to submit annual reports to the Legislative Research Commission.

Demographic Impact

Overall analysis of equity impact

90% Positive
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Bill History

2/19/2025
introduced in House
House of Representatives
2/19/2025
to Committee on Committees (H)
House of Representatives
2/27/2025
to Appropriations & Revenue (H)
House of Representatives

Status Information

Current Status
Introduced(2/19/2025)
Chamber
House of Representatives
Committee
Appropriations and Revenue(House of Representatives)

Sponsors

Democrat: 1

Primary Sponsor

Chad Aull
Chad Aull
Democrat

Documents

Introduced
Bill Text1/1/197026.4 KB