KY SB76 | 2025 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on April 2 2025 - 100% progression
Action: 2025-04-02 - signed by Governor (Acts Ch. 156)
Text: Latest bill text (Chaptered) [PDF]
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on April 2 2025 - 100% progression
Action: 2025-04-02 - signed by Governor (Acts Ch. 156)
Text: Latest bill text (Chaptered) [PDF]
Summary
Amend KRS 371.160 to increase the threshold for the creation of escrow accounts for real estate improvement contracts from $500,000 to $2,000,000; amend KRS 371.405 to prohibit the waiver by contract of any provision of KRS 371.160.
Title
AN ACT relating to contracts for the improvement of real estate.
Sponsors
| Sen. Greg Elkins [R] |
Roll Calls
2025-03-28 - House - House: Third Reading RCS# 348 (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2025-02-11 - Senate - Senate: Third Reading RSN# 3349 (Y: 37 N: 0 NV: 0 Abs: 1) [PASS]
2025-02-11 - Senate - Senate: Third Reading RSN# 3349 (Y: 37 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2025-04-02 | Senate | signed by Governor (Acts Ch. 156) |
| 2025-03-28 | Senate | delivered to Governor |
| 2025-03-28 | Senate | enrolled, signed by Speaker of the House |
| 2025-03-28 | Senate | enrolled, signed by President of the Senate |
| 2025-03-28 | Senate | received in Senate |
| 2025-03-28 | House | 3rd reading, passed 100-0 |
| 2025-03-12 | House | posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025 |
| 2025-03-12 | House | 2nd reading, to Rules |
| 2025-03-11 | House | reported favorably, 1st reading, to Calendar |
| 2025-03-05 | House | to Economic Development & Workforce Investment (H) |
| 2025-02-12 | House | to Committee on Committees (H) |
| 2025-02-12 | House | received in House |
| 2025-02-11 | Senate | 3rd reading, passed 37-0 |
| 2025-02-07 | Senate | posted for passage in the Regular Orders of the Day for Tuesday, February 11, 2025 |
| 2025-02-07 | Senate | 2nd reading, to Rules |
| 2025-02-06 | Senate | reported favorably, 1st reading, to Calendar |
| 2025-02-04 | Senate | to Economic Development, Tourism, & Labor (S) |
| 2025-01-10 | Senate | to Committee on Committees (S) |
| 2025-01-10 | Senate | introduced in Senate |
