HB 924
AN ACT relating to the Public Service Student Loan Forgiveness Program, making an appropriation therefor, and declaring an emergency.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
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.
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Primary sponsor
Cosponsors
Anne Gay Donworth
George Brown Jr.
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