LEXINGTON, Ky. — Governor Andy Beshear signed legislation Tuesday intended to reduce utility and mortgage expenses for Kentucky residents, according to the Office of the Governor.

The governor approved Senate Bill 57 and Senate Bill 157, measures designed to provide relief on two of Kentucky households' largest monthly expenses. The legislation follows Beshear's stated priority of addressing the cost of living for state residents.

SB 57 focuses on utility costs, while SB 157 addresses mortgage-related expenses, though specific details of each bill's provisions were not immediately available. Both pieces of legislation advanced through the General Assembly during the 2024 legislative session.

The signing comes as Kentucky households continue navigating inflationary pressures affecting housing and energy costs statewide. The governor has emphasized the importance of affordability initiatives as part of his economic agenda.

Additional details regarding the implementation timeline and specific benefits provided by each bill were not disclosed in the announcement.