HB 382 (BR 1488) - J. Draud
AN ACT relating to revenue bonds for city or county projects.
Amend KRS 103.2101 to require approval by the state local debt officer in addition to the Kentucky Private Activity Bond Allocation Committee for certain projects; require substantiating documentation for findings of competitive disadvantage and lack of normal commercial financing; allow review for project's economic growth and job-creation potential; impose maximum bond term of 20 years.
Feb 9-introduced in House
Feb 10-to Local Government (H)
Feb 14-posted in committee