---
type: "Bill"
title: "AN ACT relating to higher education finance and declaring an emergency."
description: "Amend KRS 164.746 to modify the membership of the governing board of the Kentucky Higher Education Assistance Authority; amend KRS 164A.050 to modify the membership of the governing board of the Kentucky Higher Education Student Loan Corporation; amend KRS 164A.055 to authorize the Asset Resolution Corporation to engage in student loan activities; remove references to administration by the Kentucky Higher Education Student Loan Corporation; EMERGENCY."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2024RS"
identifier: "SB 81"
citation: "Kentucky SB 81 (2024RS)"
classification: ["bill"]
subjects: ["Boards and Commissions", "Education", "Finance", "Education", "Higher", "Effective Dates", "Emergency", "State Agencies"]
status: "enacted"
primary_sponsors: ["M. Wise"]
version_count: 3
action_count: 19
vote_count: 2
first_action: "2024-01-05T05:00:00+00:00"
last_action: "2024-03-14T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/2d37c2bf-6da8-4eb2-9b62-bdafd479177f"
source_url: "https://apps.legislature.ky.gov/record/24RS/sb81.html"
source_hash: "1a86fe64526dbb5022caa84b60167b1060d743881ec91df2f9e728f7b9f4aa56"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ky"]
---

# Kentucky SB 81 (2024RS) — AN ACT relating to higher education finance and declaring an emergency.

Amend KRS 164.746 to modify the membership of the governing board of the Kentucky Higher Education Assistance Authority; amend KRS 164A.050 to modify the membership of the governing board of the Kentucky Higher Education Student Loan Corporation; amend KRS 164A.055 to authorize the Asset Resolution Corporation to engage in student loan activities; remove references to administration by the Kentucky Higher Education Student Loan Corporation; EMERGENCY.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/24RS/sb81/orig_bill.pdf)
2. **Acts Chapter 5** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/24RS/documents/0005.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/24RS/sb81/bill.pdf)

## Votes

- PASS SB 81 — **pass** (pass) · upper
- Final Passage — **pass** (pass) · upper

## Sponsors

- M. Wise — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-01-05T05:00:00+00:00** introduced in Senate `introduction`
- **2024-01-05T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2024-01-08T05:00:00+00:00** to Education (S) `referral-committee`
- **2024-01-25T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
- **2024-01-26T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2024-01-26T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Tuesday, January 30, 2024
- **2024-01-30T05:00:00+00:00** 3rd reading, passed 35-0 `passage, reading-3`
- **2024-01-30T05:00:00+00:00** received in House
- **2024-01-30T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2024-02-29T05:00:00+00:00** to Education (H) `referral-committee`
- **2024-03-05T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
- **2024-03-06T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2024-03-07T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Friday, March 08, 2024
- **2024-03-08T05:00:00+00:00** 3rd reading, passed 87-0 `passage, reading-3`
- **2024-03-11T04:00:00+00:00** received in Senate
- **2024-03-11T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2024-03-11T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2024-03-11T04:00:00+00:00** delivered to Governor
- **2024-03-14T04:00:00+00:00** signed by Governor (Acts Ch. 5) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2d37c2bf-6da8-4eb2-9b62-bdafd479177f`. Confidence: reported (aggregated from official Kentucky legislature records).