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HB531

10RS

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HB 531/AA (BR 1892) - R. Damron, C. Rollins II

     AN ACT relating to the sale, issuance, approval, and status of funding notes with respect to the Commonwealth and its political subdivisions.
     Amend KRS 56.8605 to include a state medical insurance fund stabilization contribution in the definitions of "financing agreement" and "funding notes"; amend KRS 56.868 to permit the Kentucky Asset Liability Commission to issue and sell funding notes to fund state medical insurance fund stabilization contributions; permit the refinancing of these contributions.

HB 531 - AMENDMENTS


     HCS/AA - Amend KRS 56.8605 to redefine "financing agreement" and "funding notes" to include financing or refinancing obligations owed under KRS 161.550(2) and 161.553(2); amend KRS 56.868 to authorize the Kentucky Asset/Liability Commission to issue funding notes to finance or refinance obligations owed under KRS 161.550(2) and 161.553(2); authorize the Kentucky Asset/Liability Commission to issue funding notes in an amount not to exceed $875,000,000 in fiscal year 2009-2010; EMERGENCY.

     HCA (1/Title, R. Rand) - Make title amendment.

     Feb 25-introduced in House
     Feb 26-to Appropriations & Revenue (H); posted in committee
     Mar 1-taken from committee; 1st reading; returned to Appropriations & Revenue (H)
     Mar 2-posted in committee; taken from committee; 2nd reading; returned to Appropriations & Revenue (H)
     Mar 12-reported favorably, to Rules with Committee Substitute, committee amendment (1-title)
     Mar 15-posted for passage in the Regular Orders of the Day for Tuesday, March 16, 2010
     Mar 16-3rd reading, passed 97-0 with Committee Substitute, committee amendment (1-title) ; received in Senate
     Mar 17-to Appropriations & Revenue (S)
     Mar 24-taken from committee; 1st reading; returned to Appropriations & Revenue (S)
     Mar 25-taken from committee; 2nd reading; returned to Appropriations & Revenue (S)
     Apr 14-reported favorably, to Rules as a Consent Bill; posted for passage in the Consent Orders of the Day for Wednesday, April 14, 2010; 3rd reading, passed 38-0; received in House
     Apr 15-enrolled, signed by each presiding officer; delivered to Governor
     Apr 26-signed by Governor (Acts ch. 172)

Vote History
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