98RS SB114


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SB 114 (BR 936) - E. Rose

     AN ACT relating to community foundations.
     Create a new section of KRS Chapter 65 to define "community foundation" as a charitable nonprofit community foundation established to accept assets, owned, given, or bequeathed to a local government for the purposes of meeting charitable objectives for the citizens of the community; authorize local governments to donate proceeds to a community foundation; specify when the foundation shall return donations to a local government.


     SFA (1, E. Rose) - Clarify that the gifts specified in subsection (3) and (4) are from local governments.
     HCS - Retain original provisions; clarify that the gifts specified in subsections (3) and (4) are from local governments.

     Jan 8-introduced in Senate
     Jan 9-to State and Local Government (S)
     Jan 15-reported favorably, 1st reading, to Consent Calendar
     Jan 16-2nd reading, to Rules
     Jan 21-floor amendment (1) filed; posted for passage in the Consent Orders of the Day for January 22, 1998
     Jan 22-3rd reading; floor amendment (1) withdrawn; passed 37-0
     Jan 23-received in House
     Jan 26-to Counties and Special Districts (H)
     Feb 24-posted in committee
     Mar 4-reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 5-2nd reading, to Rules
     Mar 11-posted for passage in the Regular Orders of the Day for March 12, 1998
     Mar 19-3rd reading, passed 89-0 with Committee Substitute
     Mar 20-received in Senate
     Mar 24-posted for passage for concurrence in House Committee amendment on March 25, 1998
     Mar 25-Senate concurred in House Committee Substitute; passed 32-0
     Mar 26-enrolled, signed by each presiding officer, delivered to Governor
     Apr 7-signed by Governor

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