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Bill > HB130


KY HB130

KY HB130
AN ACT relating to scholarships.


summary

Introduced
01/07/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Amend KRS 164.7879 to require the Kentucky Higher Education Assistance Authority to annually adjust the Kentucky education excellence scholarship (KEES) based on the Consumer Price Index; permit the authority to annually adjust KEES supplemental awards based on the Consumer Price Index; require that KEES award adjustments be paid at the most recent calculation for the academic term in which a student utilizes their award; prohibit decrease in KEES awards; amend various statutes to conform.

AI Summary

This bill amends Kentucky Revised Statutes (KRS) to require the Kentucky Higher Education Assistance Authority (KHEAA) to annually adjust the Kentucky Education Excellence Scholarship (KEES) and its supplemental awards based on the Consumer Price Index (CPI), which measures inflation. This adjustment, intended to maintain the purchasing power of the scholarships, will begin with the 2026-2027 academic year and will be applied to awards based on grade point averages and ACT scores earned starting in the 2018-2019 academic year. Importantly, these KEES awards will only be increased and will never be decreased, and any adjusted award amounts will be paid based on the most recent calculation for the academic term a student is using the award. The bill also makes conforming changes to various statutes to reflect these updates.

Committee Categories

Education

Sponsors (7)

Last Action

to Postsecondary Education (H) (on 01/14/2026)

bill text


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