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HB 198/FN (BR 303) - R. Damron, K. Flood, R. Palumbo, T. Pullin, A. Simpson, R. Smart, S. Westrom

     AN ACT relating to postsecondary educational institution capital projects.
     Create new section of KRS Chapter 164A to provide an interim process for approval of certain cash-funded capital projects, subject to approval by the governing board and the Council on Postsecondary Education and other restrictions; provide procedures to comply with LRC v. Brown.


     HCS/FN - Amend KRS 164A.550 to add definitions; Add new sections to KRS Chapter 164A to authorize capital projects by public postsecondary educational institutions that are funded with sources other than general fund revenue outside the budget process; provide that agency bonds issued by public postsecondary educational institutions shall not be included in any determination of the Commowealth's debt ratios; establish requirements for agency debt; amend KRS 45.750, 45.760, 45.763, 45.810, 164A.585, 164A.600, and 56.870 to conform.
     HCA (1/Title, R. Rand) - Make title amendment.

     Jan 6-introduced in House
     Jan 7-to Appropriations & Revenue (H)
     Feb 4-posted in committee
     Feb 8-reported favorably, 1st reading, to Consent Calendar with Committee Substitute, committee amendment (1-title)
     Feb 9-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, February 11, 2011
     Feb 11-3rd reading, passed 95-0 with Committee Substitute, committee amendment (1-title)
     Feb 14-received in Senate
     Feb 16-to Appropriations & Revenue (S)

Vote History
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