HB 924 KY Introduced
AN ACT relating to the Public Service Student Loan Forgiveness Program, making an appropriation therefor, and declaring an emergency.
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Summary
Create a new section of KRS Chapter 164 to establish the Kentucky Public Service Student Loan Forgiveness Program fund; require the Kentucky Higher Education Assistance Authority to administer the fund; require the authority to disburse funds for student loan repayment to recruit and retain eligible public service employees that live and work in Kentucky; specify terms and process; establish criteria for the program and applicant evaluation for awards; appropriate $30,000,000 from the budget reserve trust fund account for initial implementation of the student loan forgiveness program; appropriate $30,000,000 from the general fund for support of the student loan forgiveness program; APPROPRIATION; EMERGENCY, EFFECTIVE July 1, 2026.
Sponsors (6)
- J. Watkins Democratic · primary
- T. Bojanowski Democratic · primary
- G. Brown Jr. Democratic · primary
- A. Donworth Democratic · primary
- M. Marzian Democratic · primary
- L. Willner Democratic · primary
Action history (3)
- Mar 4, 2026 introduced in House · lower
- Mar 4, 2026 to Committee on Committees (H) · lower
- Mar 11, 2026 to Appropriations & Revenue (H) · lower
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