SB157Introduced in the Senate
AN ACT relating to total net income limits on loans secured by a mortgage.
Introduced by Jason Howell, District 1
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
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.
Where it stands
signed by Governor (Acts Ch. 57)
April 8, 2026
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
1 recorded vote · each counted separately
HouseStage: House: Veto Override RCS# 352 · March 27, 2026
89
Yes
1
No
10
Absent or Not Voting
100 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Steven Rudy | 1 | Absent |
| Kimberly Holloway | 2 | No |
| Randy Bridges | 3 | Yes |
| Wade Williams | 4 | Yes |
| Mary Imes | 5 | Yes |
| Chris Freeland | 6 | Yes |
| Suzanne Miles | 7 | Yes |
| Walker Thomas | 8 | Yes |
| Myron Dossett | 9 | Yes |
| Josh Calloway | 10 | Yes |
Bill history
introduced in Senate
to Committee on Committees (S)
to Banking & Insurance (S)
reported favorably, 1st reading, to Calendar
2nd reading, to Rules
posted for passage in the Regular Orders of the Day for Thursday, February 26 2026
3rd reading, passed 38-0
received in House
to Committee on Committees (H)
to Banking & Insurance (H)
reported favorably, 1st reading, to Calendar
2nd reading, to Rules
posted for passage in the Regular Orders of the Day for Friday, March 27 2026
3rd reading, passed 89-1
received in Senate
enrolled, signed by President of the Senate
enrolled, signed by Speaker of the House
delivered to Governor
signed by Governor (Acts Ch. 57)
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.