HB 407 (BR 1454) - L. Combs, S. Overly, R. Adkins, R. Benvenuti III, R. Bunch, Dw. Butler, L. Clark, H. Collins, W. Coursey, R. Crimm, R. Damron, J. DeCesare, C. Embry Jr., J. Gooch Jr., J. Greer, K. Hall, R. Heath, J. Hoover, K. Imes, K. King, M. King, S. Lee, D. Osborne, R. Palumbo, J. Richards, S. Santoro, R. Smart, W. Stone, G. Stumbo, T. Thompson, J. Tilley, K. Upchurch, S. Westrom
AN ACT relating to financing of public-private partnerships.
Amend KRS 45A.030 and 45A.075 and create a new section of KRS Chapter 45A to define "public-private partnership" and "private partner"; allow the use of a public-private partnership as an alternative method to finance a project; provide for evaluation and oversight, and ratification by the General Assembly; amend KRS 65.025 and create a new section of KRS Chapter 65 to allow the use of a public-private partnership by local governments; provide for evaluation and oversight; provide for a model system for the use of a public-private partnership to be developed; require use of the model and approval by the Finance and Administration Cabinet before a local government can utilize a public-private partnership; create a new section of KRS Chapter 175B and amend KRS 175B.005, 175B.010, 175B.020, 175B.030, 175B.035, 175B.040 and 175B.095 to define "public-private partnership"; and "private partner"; allow the use of a public-private partnership by an authority to provide an alternative structure for developing and financing a major transportation project.
HB 407 - AMENDMENTS
HCS - Retain original provisions; clarify several provisions relating to state-level public-private partnerships; clarify process for local governments to utilize public-private partnerships; adjust the definition of a transportation project to align with current federal usage; clarify several issues relating to the use of a public-private partnership for transportation projects; affirmatively require General Assembly approval for a public-private partnership to be used with a project connecting Kentucky and Ohio.
HFA (1, S. Santoro) - Require ratification by the General Assembly for use of a public-private partnership within a bi-state authority that includes the state of Ohio.
HFA (2, A. Simpson) - Prohibit the use of tolls on an interstate project than connects Kentucky to Ohio.
HFA (3, A. Simpson) - Clarify the entities that may develop a project.
HFA (4, A. Simpson) - Prohibit tolls on any interstate project that connects Kentucky to Ohio.
HFA (5, A. Simpson) - Clarify that projects can only be developed by the permitted entities.
HFA (6, J. Fischer) - Remove requirements to comply with prevailing wage law.
HFA (7, J. Fischer) - Remove requirement to comply with prevailing wage laws.
SCS - Retain original provisions of the GA copy; require Finance and Administration Cabinet to promulgate administrative regulations by 12/31/14 and specify groups the cabinet must consult with in developing the regulations; require RFPs for public private partnerships by both state agencies and local governments to include the proposed use of Kentucky based subcontractors, architects, engineers, and employees; require state agencies to consult with local governments about the effects of a proposed project on the local community; require the Secretaries of Finance and Transportation to develop recommendations on the implementation of a process for the state and local governments to accept unsolicited proposals; report findings to relevant committee by 12/31/14; solicit input from specific organizations and groups in developing the recommendations; specify that if the Finance Cabinet does not promulgate regulations for local governments as required by the bill, a local government is authorized to proceed with a partnership under the provisions of the bill; EMERGENCY.
SCA (1/Title, E. Harris) - Make title amendment.
SFA (1, C. McDaniel) - Remove requirement for prevailing wage.
Feb 19-introduced in House
Feb 20-to Appropriations & Revenue (H); floor amendment (1) filed
Feb 28-posted in committee
Mar 6-reported favorably, 1st reading, to Calendar with Committee Substitute ; floor amendments (2) and (3) filed to Committee Substitute, floor amendments (4) and (5) filed
Mar 7-2nd reading, to Rules; floor amendment (7) filed to Committee Substitute, floor amendment (6) filed
Mar 11-posted for passage in the Regular Orders of the Day for Wednesday, March 12, 2014
Mar 17-floor amendments (6) and (7) withdrawn ; 3rd reading, passed 82-7 with Committee Substitute, floor amendments (2) and (3)
Mar 18-received in Senate
Mar 19-to Transportation (S)
Mar 21-taken from Transportation (S); 1st reading; returned to Transportation (S)
Mar 24-taken from Transportation (S); 2nd reading; returned to Transportation (S); floor amendment (1) filed
Mar 26-reported favorably, to Rules with Committee Substitute, committee amendment (1-title)
Mar 27-posted for passage in the Regular Orders of the Day for Thursday, March 27, 2014; 3rd reading; floor amendment (1) withdrawn ; passed 27-9 with Committee Substitute, committee amendment (1-title)
Mar 28-received in House; to Rules (H); posted for passage for concurrence in Senate Committee Substitute, committee amendment (1-title) ; House concurred in Senate Committee Substitute, committee amendment (1-title) ; passed 86-9
Mar 31-enrolled, signed by each presiding officer; delivered to Governor