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 |
|
01/29/16 |
|
02/09/16 |
|
02/10/16 |
|
02/12/16 |
|
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)