HB 588
AN ACT relating to the affordable housing trust fund.
In Plain Language
This bill increases fees that county clerks charge for certain services starting August 1, 2025. Beginning January 1, 2026, these fees can be adjusted yearly based on inflation. The extra money from these fee increases goes into the Affordable Housing Trust Fund to help with housing affordability.
Official summary
Amend KRS 64.012 to increase and modify fees received by the county clerk; after January 1, 2026, allow recalculation using the CPI-U, with the fee increase going to the Affordable Housing Trust Fund; apply to fees received by county clerks for services provided on or after August 1, 2025.
Sponsor
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Cosponsors
None listed
Latest action
to Appropriations & Revenue (H)
Feb 21, 2025
Official source
Action history
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