Kentucky Senate Bill 21 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 19 2013 - 100% progression
Action: 2013-03-19 - signed by Governor (Acts Chapter 12)
Text: Latest bill text (Draft #3) [MS Word]

Amend KRS 198A.715 to expand eligibility for funding from the affordable housing trust fund to include sponsors who meet certain requirements and work in connection with rental housing developments that receive low-income tax credits; require the Kentucky Housing Corporation to determine if an applicant for funds is an eligible sponsor that is owned, by majority interest, by a nonprofit organization that materially participates in the development and operation of the rental housing; permit the Kentucky Housing Corporation to amend and determine eligibility rather than the board of directors; make technical corrections regarding the report provided by the Kentucky Housing Corporation to the Interim Joint Committee on Appropriations and Revenue; amend KRS 198A.720 to extend the time the Kentucky Housing Corporation has to review applications for trust fund dollars from 60 days to 90 days; remove trust fund application ranking criteria and transfer the authority to rank applicants to the corporation, in consultation with the advisory committee for the trust fund; increase the percentage allowable to recipients of trust fund money for administrative costs from five percent to seven and one-half percent; allow the board of directors of the corporation to define "rural areas of the Commonwealth," and remove exclusions in statute; repeal KRS 198A.067.

AN ACT relating to the Kentucky Housing Corporation.

Sen. Jimmy Higdon [R]

Date	Chamber	Action
2013-03-19	Senate	signed by Governor (Acts Chapter 12)
2013-03-11	Senate	delivered to Governor
2013-03-11	Senate	enrolled, signed by Speaker of the House
2013-03-07	Senate	enrolled, signed by President of the Senate
2013-03-07	Senate	received in Senate
2013-03-07	House	3rd reading, passed 97-0
2013-03-06	House	placed in the Orders of the Day for Thursday, March 7, 2013
2013-03-06	House	taken from Rules
2013-03-06	House	reported favorably, 2nd reading, to Rules
2013-03-05	House	posting waived
2013-03-05	House	returned to Appropriations & Revenue (H)
2013-03-05	House	1st reading
2013-03-05	House	taken from Appropriations & Revenue (H)
2013-03-04	House	to Appropriations & Revenue (H)
2013-03-01	House	received in House
2013-02-28	Senate	3rd reading, passed 34-0 with committee amendment (1-title)
2013-02-28	Senate	posted for passage in the Consent Orders of the Day for Thursday, February 28, 2013
2013-02-27	Senate	2nd reading, to Rules
2013-02-26	Senate	reported favorably, 1st reading, to Consent Calendar with committee amendment (1-title)
2013-02-05	Senate	reassigned to Licensing, Occupations, & Administrative Regulations (S)
2013-01-10	Senate	to Appropriations & Revenue (S)
2013-01-08	Senate	introduced in Senate

Type	Source
Summary	http://www.lrc.ky.gov/record/13RS/SB21.htm
Text	http://www.lrc.ky.gov/record/13RS/SB21/bill.doc
Amendment	http://www.lrc.ky.gov/record/13RS/SB21/SCA1.doc
Supplement	http://www.lrc.ky.gov/record/13RS/SB21/vote_history.pdf