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HB298 (BR1010) - R. Rand, J. Hoover, M. Denham, D. Keene, R. Palumbo, G. Stumbo, T. Thompson
AN ACT authorizing bonds for a postsecondary education capital project, making an appropriation therefor, and declaring an emergency.
Appropriate to the University of Kentucky from the General Fund $5,459,000 in fiscal year 2015-2016 for debt service to support General Fund Bonds; authorize and appropriate $132,500,000 in Bond Funds in fiscal year 2014-2015 and $132,500,000 in Restricted Funds in fiscal year 2014-2015 for construction of a Research Building at the University of Kentucky; establish that it is the intent of the 2015 General Assembly that the University of Kentucky not base any decision to proceed with the capital project on an expectation of receiving any General Fund moneys for the operation and maintenance of that facility in future biennia; stipulate that all authorizations and appropriations for the capital project shall expire on June 30, 2016, unless reauthorized, with the following exceptions: a construction or purchase contract for the project is awarded, or permanent financing or a short-term line of credit sufficient to cover the total authorized bonds is obtained if the appropriated project completes an initial draw on the line of credit within the fiscal biennium immediately subsequent to the original bond authorization; EMERGENCY.
Feb 04, 2015 - introduced in House
Feb 05, 2015 - to Appropriations & Revenue (H)
Feb 06, 2015 - posted in committee
Feb 10, 2015 - reported favorably, 1st reading, to Calendar
Feb 11, 2015 - 2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, February 12, 2015
Feb 13, 2015 - 3rd reading, passed 83-9; received in Senate
Feb 19, 2015 - to Appropriations & Revenue (S)
Feb 26, 2015 - reported favorably, 1st reading, to Calendar
Feb 27, 2015 - 2nd reading, to Rules
Mar 02, 2015 - posted for passage in the Regular Orders of the Day for Tuesday, March 3, 2015
Mar 03, 2015 - 3rd reading, passed 36-1; received in House
Mar 04, 2015 - enrolled, signed by each presiding officer; delivered to Governor
Mar 09, 2015 - signed by Governor (Acts ch. 1)