Last Action | 04/12/24: returned to State & Local Government (S) |
---|---|
Title | AN ACT relating to government contracts and declaring an emergency. |
Bill Documents |
Current/Final
Introduced |
Bill Request Number | 1842 |
Sponsors | S. McPherson, C. Aull, K. Banta, T. Bojanowski, G. Brown Jr., L. Burke, A. Camuel, B. Chester-Burton, A. Gentry, S. Heavrin, K. Herron, N. Kulkarni, R. Palumbo, R. Roarx, R. Roberts, S. Stalker, C. Stevenson, N. Tate, W. Thomas, W. Williams, L. Willner |
Summary of Original Version | Amend KRS 45A.030 to expand the definition of "contract"; amend KRS 45A.035 to require promulgation of administrative regulations to establish policies regarding timely payments under contracts; create a new section of KRS Chapter 45A to establish timely payment penalty and procedures; EMERGENCY. |
Index Headings of Original Version |
Effective Dates, Emergency - Government contracts, timely payments, procedures, penalties Purchasing - Government contracts, timely payments, procedures, penalties Contracts - Government contracts, timely payments, procedures, penalties |
Jump to Proposed Amendments |
House Committee Substitute 1 House Floor Amendment 1 |
Votes | Vote History |
02/26/24 |
|
---|---|
03/06/24 |
|
03/07/24 |
|
03/08/24 |
|
03/11/24 |
|
03/12/24 |
|
03/13/24 |
|
03/27/24 |
|
03/28/24 |
|
04/12/24 |
|
Amendment | House Committee Substitute 1 |
---|---|
Summary | Retain original provisions; make technical corrections. |
Index Headings |
Purchasing - Government contracts, timely payments, procedures, penalties Contracts - Government contracts, timely payments, procedures, penalties Effective Dates, Emergency - Government contracts, timely payments, procedures, penalties |
Amendment | House Floor Amendment 1 |
---|---|
Sponsor | S. McPherson |
Summary | Retain original provisions, except add language to emphasize negotiated terms for timely payment; require the Finance and Administration Cabinet to submit a detailed report of interest penalties and reimbursement payments every six months due to payments not timely made to the Legislative Research Commission,the Interim Joint Committee on Appropriations and Revenue, or the House and Senate Standing Committee on Appropriation and Revenue. |
Index Headings |
State Agencies - Finance and Administration Cabinet, interest penalty and reimbursement report, requirement Contracts - Negotiated terms, timely payment Reports Mandated - Finance and Administration Cabinet; interest penalty and reimbursement, requirement |
Last updated: 9/26/2024 1:37 PM (EDT)