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

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Quick answers

Did KY SB 87 pass?

No. KY SB 87 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-01-14): to Committee on Committees (S)

What is KY SB 87 about?

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.

Who sponsors KY SB 87?

G. Elkins is the primary sponsor of KY SB 87.

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
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

Newest first

  1. 2026-01-14

    to Committee on Committees (S)

    referral-committee

  2. 2026-01-14

    introduced in Senate

    introduction

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

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Use this data

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Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

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