Senate Bill 172

Actions
Last Action 03/25/19: signed by Governor (KY Acts ch. 091)
Title AN ACT relating to local financial reporting.
Bill Documents Current/Final
Introduced
Impact Statements Local Mandate
Bill Request Number 1536
Sponsor M. Wilson
Summary of Original Version Amend KRS 91A.040 to move the date cities with populations greater than 2,000 are required to forward a copy of their audit report to the Department for Local Government to no later than March 1 immediately following the fiscal year being audited; allow cities with populations equal to or less than 1,000 to have an audit performed every other fiscal year and have the audit only encompass that single year and allow the electronic copy to be sent by March 1 following the fiscal year being audited; allow cities with populations exceeding 1,000 but less than 2,000 have an audit be performed every other year and have the audit encompass both years and allow the electronic copy to be sent by March 1 following the fiscal year being audited; amend KRS 424.220 to relocate language dealing with officers who are exempt from presenting financial statement; stipulate that every officer of a board, commission, or other authority of a city, county, or district who deals with any funds collected from the public prepares a report as prescribed in the section; require that in order to provide notice to the public of the completion of the city's financial statement, the appropriate officer of the city performing an audit publishes the audit report in accordance with KRS 91A.040(9) and the appropriate officer of a city not conducting an annual audit for the fiscal year under exemptions, publish a legal display advertisement and provide financial statements to various media; require the appropriate officers in counties to publish the audit in the same manner that city audits are published; amend KRS 42.460 to conform.
Index Headings of Original Version Education, Elementary and Secondary - Financial information, when and by whom to be published
Financial Responsibility - Cities, audits, frequency and scope
Financial Responsibility - Local government financial reporting, when and by whom to be published
Local Government - Cities, audits, frequency and scope
Local Government - Financial information, when and by whom to be published
Public Officers and Employees - Local government financial reporting, when and by whom to be published
Local Mandate - Local government financial reporting, when and by whom to be published
Audits and Auditors - Cities, audits, frequency and scope
Cities - Audits, frequency and scope
Cities - Financial information, when and by whom to be published
Cities, First Class - Financial information, when and by whom to be published
Cities, Home Rule Class - Financial information, when and by whom to be published
Counties - Financial information, when and by whom to be published
Counties with Cities of the First Class - Financial information, when and by whom to be published
Votes Vote History

Actions

Top
02/12/19
  • introduced in Senate
02/14/19
  • to State & Local Government (S)
02/20/19
  • taken from State & Local Government (S)
  • 1st reading
  • returned to State & Local Government (S)
02/21/19
  • taken from State & Local Government (S)
  • 2nd reading
  • returned to State & Local Government (S)
02/25/19
  • reported favorably, to Rules as a consent bill
02/26/19
  • posted for passage in the Consent Orders of the Day for Tuesday, February 26, 2019
  • 3rd reading, passed 37-0
  • received in House
02/27/19
  • to Local Government (H)
02/28/19
  • posted in committee
03/06/19
  • reported favorably, 1st reading, to Consent Calendar
03/07/19
  • 2nd reading, to Rules
  • posted for passage in the Consent Orders of the Day for Tuesday, March 12, 2019
03/12/19
  • 3rd reading, passed 100-0
03/13/19
  • received in Senate
  • enrolled, signed by President of the Senate
  • enrolled, signed by Speaker of the House
  • delivered to Governor
03/25/19
  • signed by Governor (KY Acts ch. 091)


Last updated: 5/10/2019 10:34 AM (EDT)
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