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KY HB897

Bill

Official Source

Status

Introduced

3/4/2026

Primary Sponsor

Adam Bowling

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Amends KRS 224A.112 to expand eligibility for Kentucky's infrastructure revolving fund to include investor-owned water utility systems, in addition to governmental agencies
  • Investor-owned water utilities may now receive financial assistance for construction or acquisition of infrastructure projects through the 2020 water service account
  • Financial assistance options include loans at or below market rates (including interest-free) with terms up to 30 years, loan guarantees, insurance purchases, and grants
  • References KRS 96.540, 224A.306, 224A.308, and 224A.310 as the statutory framework governing investor-owned water utility participation in the fund

Legislative Description

AN ACT relating to investor-owned water utilities.

Water Supply

Last Action

to Natural Resources & Energy (H)

3/11/2026

Committee Referrals

Natural Resources & Energy3/11/2026
Committee On Committees3/4/2026

Full Bill Text

No bill text available