Bill Commons

KY SB 87

died on adjournment

AN ACT relating to the provision of financial services and products by credit unions.

Kentucky · 2026 Regular Session · upper

Description

Amend KRS 66.480 to allow local government and school district investments in United States obligations by a repurchase agreement with a credit union and in interest-bearing accounts issued through a credit union; amend KRS 41.010 to redefine "bank" and "state depository" to include credit unions; amend KRS 41.070 to prohibit receipts from being held, used, or deposited in a personal or special credit union account; amend KRS 41.220 to allow credit unions to be designated as state depositories; amend KRS 41.240, 41.250, 41.300, 30A.120, and 30A.200 to conform.

Introduced
2026-01-14
Status date
Latest action
2026-01-14 — to Committee on Committees (S)
Bill type
bill
Last updated

Subjects

Sponsors

  • G. Elkinsprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-14

    introduced in Senate

    introduction

  2. 2026-01-14

    to Committee on Committees (S)

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:24.357326Z

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=KY&identifier=SB 87. See the API docs or the MCP server for AI assistants.

Known limitations

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