House Bill 265

Actions | Amendments
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

Actions

Top | Amendments
01/15/16
  • introduced in House
01/19/16
  • to Appropriations & Revenue (H)
01/29/16
  • posted in committee
02/09/16
  • reported favorably, 1st reading, to Calendar with Committee Substitute (1)
02/10/16
  • 2nd reading, to Rules
  • floor amendment (1-title) filed
  • posted for passage in the Regular Orders of the Day for Thursday, February 11, 2016
02/12/16
  • floor amendment (2) filed to Committee Substitute
02/16/16
  • 3rd reading, passed 93-0 with Committee Substitute (1) and floor amendments (1-title) and (2)
02/17/16
  • received in Senate
02/19/16
  • to Appropriations & Revenue (S)

Proposed Amendments

Top | Actions
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)