HB 198/FN (BR 303) - R. Damron, K. Flood, R. Palumbo, T. Pullin, A. Simpson, R. Smart, S. Westrom
AN ACT relating to postsecondary educational institution capital projects.
Create new section of KRS Chapter 164A to provide an interim process for approval of certain cash-funded capital projects, subject to approval by the governing board and the Council on Postsecondary Education and other restrictions; provide procedures to comply with LRC v. Brown.
HB 198 - AMENDMENTS
HCS/FN - Amend KRS 164A.550 to add definitions; Add new sections to KRS Chapter 164A to authorize capital projects by public postsecondary educational institutions that are funded with sources other than general fund revenue outside the budget process; provide that agency bonds issued by public postsecondary educational institutions shall not be included in any determination of the Commowealth's debt ratios; establish requirements for agency debt; amend KRS 45.750, 45.760, 45.763, 45.810, 164A.585, 164A.600, and 56.870 to conform.
HCA (1/Title, R. Rand) - Make title amendment.
Jan 6-introduced in House
Jan 7-to Appropriations & Revenue (H)
Feb 4-posted in committee
Feb 8-reported favorably, 1st reading, to Consent Calendar with Committee Substitute, committee amendment (1-title)
Feb 9-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, February 11, 2011
Feb 11-3rd reading, passed 95-0 with Committee Substitute, committee amendment (1-title)
Feb 14-received in Senate
Feb 16-to Appropriations & Revenue (S)