| Last Action | to Appropriations & Revenue (S) |
|---|---|
| Title | AN ACT relating to postsecondary institution capital projects. |
| Bill Documents |
Bill
|
| Impact Statements | Fiscal Note |
| Bill Request Number | 1081 |
| Sponsors | L. Clark, D. Keene, J. DeCesare, M. Denham, D. Horlander, D. Osborne, R. Palumbo, A. Simpson, R. Smart, S. Westrom |
| Summary of Original Version | Create a new section of KRS 164A.550 to 164A.630 to authorize capital projects undertaken by institutions of higher education using a combination of cash restricted funds, federal funds, and private funds even though the projects are not specifically listed in a branch budget bill; establish conditions under which projects will be authorized. |
| Index Headings of Original Version |
Fiscal Note - Capital projects, cash projects authorized under certain conditions Education, Finance - Higher, cash projects authorized under certain conditions Education, Higher - Capital projects, cash projects authorized under certain conditions Appropriations - Education, higher, cash projects authorized under certain conditions Capital Construction - Education, higher, cash projects authorized under certain conditions |
| Proposed Amendments |
House Committee Substitute 1 House Floor Amendment 1 House Floor Amendment 2 |
| Votes | Vote History |
| 01/15/16 |
|
|---|---|
| 01/19/16 |
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| 01/29/16 |
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| 02/09/16 |
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| 02/10/16 |
|
| 02/12/16 |
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| 02/16/16 |
|
| 02/17/16 |
|
| 02/19/16 |
|
| Amendment | House Committee Substitute 1 |
|---|---|
| Summary | Retain original provisions except clarify that projects can be funded with debt or cash; amend KRS 45.750 and 45.763 to conform. |
| Index Headings |
Fiscal Note - Capital projects, cash projects authorized under certain conditions Education, Finance - Higher, cash projects authorized under certain conditions Education, Higher - Capital projects, cash projects authorized under certain conditions Appropriations - Education, higher, cash projects authorized under certain conditions Capital Construction - Education, higher, cash projects authorized under certain conditions |
| Amendment | House Floor Amendment 1 |
|---|---|
| Sponsor | L. Clark |
| Summary | Make title amendment. |
| Index Headings |
Fiscal Note - Capital projects, cash projects authorized under certain conditions Education, Finance - Higher, cash projects authorized under certain conditions Education, Higher - Capital projects, cash projects authorized under certain conditions Appropriations - Education, higher, cash projects authorized under certain conditions Capital Construction - Education, higher, cash projects authorized under certain conditions |
| Amendment | House Floor Amendment 2 |
|---|---|
| Sponsor | B. Montell |
| Summary | Include an additional certification that must be made by the institution submitting the project relating to debt if the project involves debt financing; establish findings that must be made by the committee to approve a project, and to require approval if the findings are all made in the affirmative; describe the process that occurs if the committee determines that all findings cannot be met. |
| Index Headings |
Fiscal Note - Capital projects, cash projects authorized under certain conditions Education, Finance - Higher, cash projects authorized under certain conditions Education, Higher - Capital projects, cash projects authorized under certain conditions Appropriations - Education, higher, cash projects authorized under certain conditions Capital Construction - Education, higher, cash projects authorized under certain conditions |
Last updated: 1/16/2019 3:08 PM (EST)