AN ACT relating to the Public Service Student Loan Forgiveness Program, making an appropriation therefor, and declaring an emergency.

Summary

The bill establishes the Kentucky Public Service Student Loan Forgiveness Program, which helps eligible full‑time public‑service employees repay their federal student loans. It provides up to $40,000 per participant, funded by $30 million in FY 2026‑27 and another $30 million in FY 2027‑28, and is administered by the Kentucky Higher Education Assistance Authority. The emergency declaration makes the program effective July 1, 2026.

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