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Create new sections of KRS Chapter 367 to define terms; prohibit persons who own 50 or more single-family rental homes in the Commonwealth of Kentucky from purchasing additional single-family homes in the Commonwealth of Kentucky except for use by the person as a residence; limit the purchase restriction to single-family homes that have been advertised for sale for less than 90 days or less than 30 days if the purchaser qualifies as a small business; exempt nonprofit corporations from prohibition on the purchase of single-family homes; provide that a violation is also a violation of KRS 367.170; provide for joinder of certain parties with joint and several liability in enforcement actions.

Create a new section of KRS Chapter 198A, relating to affordable housing, to define terms; require agencies that expend state or federal affordable housing funds to expend at least 90% of those funds on single-family detached housing and no more than 10% of those funds on multifamily housing in any given fiscal year; EMERGENCY.

Create a new section of KRS Chapter 198B to permit less than 6 stories of Residential Group R-2 occupancy to be served by a single exit.

Create a new section of KRS Chapter 198A to create the affordable housing loan pool fund to be administered by the Kentucky Housing Corporation to provide rehabilitation and construction loans to eligible entities; specify terms and process; amend KRS 198A.080 to modify criteria for housing development loan fund, require notice of eligible funds, and allow expenditure of funds for technical and administrative costs; create new section of KRS Chapter 198A to establish parameters by which the Kentucky Housing Corporation shall review and approve the affordable housing credit; create a new section of KRS Chapter 141 to establish the affordable housing credit; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credits; appropriate $102,000,000 from the Budget Reserve Trust Fund account for various affordable housing initiatives; APPROPRIATION; EMERGENCY.

Create new sections of KRS Chapter 383 to prohibit landlords from charging screening fees without notice to the applicant; require screening criteria from landlords; require landlords to provide notice of denial to applicants; allow applicants to view the property before a security deposit is paid.

Amend KRS 278.160 to prohibit the collection of charges and fees for other governmental units by an investor-owned electric utility; prohibit the collection of certain surcharges and amounts that are not directly and exclusively related to the provision of electric service; require investor owned utilities to file new tariffs 90 days after December 30, 2026; EFFECTIVE December 30, 2026.

Create a new section of KRS Chapter 278 to create winter and summer temperature standards for disconnection of service by retail electric and gas utilities; allow resumption of disconnection only after a 72-hour period during which the temperature standard is exceeded; establish a certificate of need for persons who are at risk if utility service is disconnected that can be provided by a physician, physician assistant, community-based service organization, or faith-based service organization; prohibit disconnection of service on holidays and weekends, including Fridays, and before 8 a.m. and after 5 p.m. Monday through Thursday; allow for reconnection of service for partial payment with a payment plan; require waiver of termination fees, reconnection fees, and late fees for customers having obtained a certificate of need; require utility to make reasonable effort towards reestablishing service for a customer terminated after having obtained a certificate of need but no more than 24 hours after repayment is commenced; require separate, written notice 14 days prior to a disconnection to residential household; require that notice be distinguishable from the regular billing notices; establish font size and typeset for material to be printed on the notice; require a hardship reconnection order for persons at risk who have had service terminated by the utility after meeting specific repayment requirements; require the Public Service Commission to promulgate administrative regulations and issue an order setting forth any applicable rules and procedures.

Amend KRS 278.264 to provide that the Public Service Commission maintains its authority to approve a utility’s right to record and seek, prior to retirement authorization, the recovery of any electric generating unit’s decommissioning, removal and salvage costs, and depreciation expenses through rates over the unit’s estimated depreciable life.

Amend KRS 164.2807 to require that, as part of its annual report to the Legislative Research Commission, the Governor, and the Public Service Commission, the Energy Planning and Inventory Commission include a current inventory of the Commonwealth’s existing electric generation and transmission resources, a forecast of changes in demand for those resources, and recommendations for how to address discrepancies between the current electric resource inventory and forecasted future demand.

Would expand Kentucky’s nuclear energy development framework by creating a Nuclear Reactor Site Readiness Pilot Program to support and partially fund utilities’ efforts to obtain federal permits and licenses for new nuclear power plants, with grants covering up to one-third of application costs capped at $25 million. The bill authorizes cost recovery by utilities for certain nuclear permitting expenses, establishes a dedicated fund for nuclear site readiness grants, and significantly expands the role, responsibilities, and membership of the Kentucky Nuclear Energy Development Authority to promote nuclear energy development, workforce preparation, and related economic activity across the Commonwealth.

Create a new section of KRS 383.200 to 383.285 to prohibit evictions of residential tenants during extreme weather conditions; amend KRS 383.245 to conform.

Create a new section of KRS Chapter 278 to define terms and require a utility to submit a disconnection plan to the Public Service Commission that prohibits the utility from suspending residential service during extreme weather conditions; make the disconnection plan available on both the commission and the utility’s website.