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HB580Introduced in the House

AN ACT relating to a first-generation homebuyer trust fund program.

IntroducedHouse Appropriations and Revenue

Introduced by Chad Aull, District 79

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Create new sections of KRS Chapter 198A to define terms; establish a revolving account to be known as the first-generation homebuyer trust fund; establish eligible activities and uses of the trust fund; require Kentucky Housing Corporation to operate a forgivable loan program for eligible first-generation homebuyers applicants, administer the fund, and submit annual reports to the Legislative Research Commission.

Where it stands

to Appropriations & Revenue (H)

February 13, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. introduced in House

  2. to Committee on Committees (H)

  3. to Appropriations & Revenue (H)

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