HB 489/FN (BR 1068) - R. Damron, R. Adkins, L. Clark, J. Draud, J. Stacy, S. Westrom
AN ACT relating to postsecondary institution debt.
Create new sections and amend existing sections of KRS Chapters 48 and 164A to provide a process for postsecondary institutions to issue auxiliary enterprises agency revenue bonds or hospital agency revenue bonds upon authorization by the General Assembly; provide an intercept clause to ensure bond payment; and require all postsecondary institutions' general fund-supported bonds to be issued by the State Property and Buildings Commission unless otherwise approved by the Finance and Administration Cabinet.
Feb 10-introduced in House
Feb 11-to Education (H)
Feb 13-posted in committee
Feb 17-reassigned to Appropriations and Revenue (H); posting withdrawn
Feb 20-posted in committee
Feb 24-reported favorably, 1st reading, to Calendar
Feb 25-2nd reading, to Rules
Feb 27-posted for passage in the Regular Orders of the Day for Monday, March 1, 2004
Mar 2-3rd reading, passed 95-1
Mar 3-received in Senate
Mar 8-to Appropriations and Revenue (S)