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HB 924 KY
Introduced

AN ACT relating to the Public Service Student Loan Forgiveness Program, making an appropriation therefor, and declaring an emergency.

KY · session 2026RS · Assembly / House · bill

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Introduced Mar 4, 2026

Latest action (Mar 11, 2026) to Appropriations & Revenue (H)

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)

Action history (3)

  1. Mar 4, 2026 introduced in House · lower
  2. Mar 4, 2026 to Committee on Committees (H) · lower
  3. Mar 11, 2026 to Appropriations & Revenue (H) · lower
Subjects
AppropriationsBudget And Financial AdministrationEducation, FinanceEducation, HigherEffective Dates, EmergencyPublic Officers And EmployeesReports MandatedState AgenciesState EmployeesWorkforce

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