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Senate Bill 153

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Last Action signed by Governor (Acts, ch. 52)
Title AN ACT relating to postsecondary funding, making an appropriation therefor, and declaring an emergency.
Bill Documents Introduced
Impact Statements Fiscal Note
Bill Request Number 498
Sponsors D. Givens, M. Wilson, W. Schroder
Summary of Original Version Create a new section of KRS Chapter 164 establishing a comprehensive funding model for the allocation of state appropriations to public postsecondary institutions based on student success, course completion, and other components; establish the public university sector formula and the KCTCS sector formula in the model and require 100% of allocable resources to be distributed through the formulas; establish the funding parameters for each formula; direct the Council on Postsecondary Education to implement the funding model; include hold-harmless and stop-loss provisions in the formulas through 2021; require the Council on Postsecondary Education to establish a working group to review the model every three years; direct the Office of the State Budget Director to distribute the funds as determined by the model, including the performance funds appropriated in the 2016 budget bill; establish the Postsecondary Education Performance Fund for distribution of the funds allocated through the model; APPROPRIATION; EMERGENCY.
Index Headings of Original Version Education, Finance - Public postsecondary comprehensive funding model, creation of
Education, Higher - Public postsecondary comprehensive funding model, creation of
Effective Dates, Emergency - Public postsecondary comprehensive funding model, creation of
State Agencies - Council on Postsecondary Education, implementation of comprehensive funding model
State Agencies - Office of State Budget Director, distribution of postsecondary performance funds
Universities and Colleges - Public postsecondary comprehensive funding model, creation of
Administrative Regulations and Proceedings - Council on Postsecondary Education, comprehensive funding model
Appropriations - Postsecondary Education Performance Fund, establishment of
Budget and Financial Administration - Postsecondary performance funds, direct distribution of
Fiscal Note - PUblic postsecondary comprehensive funding model, creation of
Votes Vote History

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02/10/17
  • introduced in Senate
02/13/17
  • to Appropriations & Revenue (S)
02/16/17
  • taken from Appropriations & Revenue (S)
  • 1st reading
  • returned to Appropriations & Revenue (S)
02/17/17
  • taken from Appropriations & Revenue (S)
  • 2nd reading
  • returned to Appropriations & Revenue (S)
02/21/17
  • reported favorably, to Rules
  • posted for passage in the Regular Orders of the Day for Wednesday, February 22, 2017
02/22/17
  • 3rd reading, passed 36-1
  • received in House
02/27/17
  • to Education (H)
02/28/17
  • reassigned to Appropriations & Revenue (H)
03/03/17
  • posted in committee
03/07/17
  • reported favorably, 1st reading, to Calendar
03/08/17
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Tuesday, March 14, 2017
03/14/17
  • 3rd reading, passed 65-29
  • received in Senate
  • enrolled, signed by President of the Senate
  • enrolled, signed by Speaker of the House
  • delivered to Governor
03/21/17
  • signed by Governor (Acts, ch. 52)


Last updated: 1/16/2019 3:02 PM (EST)