00RS HB668


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HB 668 (BR 1693) - J. Thompson

     AN ACT relating to school finance.
     Create a new section of KRS Chapter 160 to require the local school district superintendent to appoint a finance officer who shall be responsible for the cash, investment, and financial management of the school district; require the officer to complete 42 hours of continuing education every 2 years from a provider approved by the Department of Education; amend KRS 157.320 to delete the definition of "salary schedule summary"; amend KRS 157.360 to delete studies and requirements that have been completed and make other technical corrections; amend KRS 157.390 to clarify that the total amount of money distributable to each district shall include the base funding, and amounts for at-risk students, students with disabilities, students served in home and hospital settings, transportation, and capital outlay; amend KRS 157.410 to conform to current practice; amend KRS 160.470 to delete the requirement that local boards of education submit a general school budget in formats prescribed by the Kentucky Board of Education; delete references to several specific taxes that are now part of the general tax rate; require notification of property assessments from the Revenue Cabinet before the commissioner of education can certify tax rates; amend KRS 160.560 to transfer certain administrative functions from the Kentucky Board of Education to the commissioner of education; amend KRS 160.570, 157.440, 157.621, 160.473, to conform; and repeal KRS 160.474.


     HCA (1, J. Thompson) - Amend the new section of KRS Chapter 160 to require the school finance officer to report directly to the superintendent.

     Feb 14-introduced in House
     Feb 15-to Education (H)
     Feb 16-posted in committee
     Mar 1-reported favorably, 1st reading, to Calendar with committee amendment (1)
     Mar 2-2nd reading, to Rules
     Mar 3-posted for passage in the Regular Orders of the Day for Monday, March 6, 2000
     Mar 14-3rd reading, passed 89-2; received in Senate
     Mar 16-to Education (S)
     Mar 20-reported favorably, 1st reading, to Calendar
     Mar 21-2nd reading, to Rules
     Mar 22-posted for passage in the Regular Orders of the Day for Friday, March 24, 2000
     Mar 24-3rd reading, passed 33-0
     Mar 27-received in House; enrolled, signed by each presiding officer, delivered to Governor
     Apr 7-signed by Governor (Acts ch. 389)

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