Kentucky
General Assembly

11/15/19	Prefiled by the sponsor(s).
01/07/20	introduced in House to Appropriations & Revenue (H)
01/14/20	posted in committee
01/22/20	reported favorably, 1st reading, to Calendar with Committee Substitute (1) and committee amendment (1-title) floor amendment (1) filed to Committee Substitute
01/23/20	2nd reading, to Rules posted for passage in the Regular Orders of the Day for Friday, January 24, 2020 floor amendments (2) and (3) filed to Committee Substitute , floor amendment (4-title) filed to bill
02/03/20	recommitted to Appropriations & Revenue (H)
02/11/20	reported favorably, to Rules with Committee Substitute (2) posted for passage in the Regular Orders of the Day for Wednesday, February 12, 2020 floor amendments (5) and (6) filed to Committee Substitute (2)
02/12/20	3rd reading, passed 86-7 with Committee Substitute (2) and committee amendment (1-title)
02/13/20	received in Senate
02/20/20	to Education (S)
03/05/20	reported favorably, 1st reading, to Calendar
03/06/20	2nd reading, to Rules
03/12/20	posted for passage in the Regular Orders of the Day for Tuesday, March 17, 2020
03/17/20	3rd reading, passed 23-10
03/18/20	received in House enrolled, signed by Speaker of the House enrolled, signed by President of the Senate delivered to Governor
03/25/20	signed by Governor (Acts ch. 33)

Amendment	House Committee Substitute 1
Fiscal Impact Statement	Fiscal Note to House Committee Substitute 1
Summary	Appropriate to the Cabinet for Economic Development General Fund moneys in the amount of $35 million in fiscal year 2019-2020 for the creation and funding of a KEDFA loan for a qualifying public medical center in a city of the first class; set out parameters for the KEDFA loan; stipulate that the Cabinet for Economic Development shall determine the terms and conditions of the KEDFA loan and monitor the performance of the qualifying public medical center to achieve partial loan forgiveness; require the University of Louisville to provide an annual report detailing the status of the KEDFA loan for as long as it is in effect; stipulate that authorized appropriations shall be paid from the General Fund Surplus Account or the Budget Reserve Trust Fund Account; APPROPRIATION; EMERGENCY.
Index Headings	Economic Development - KEDFA loan, public medical center Education, Higher - University of Louisville, KEDFA loan report Effective Dates, Emergency - KEDFA loan, public medical center Loans and Credit - KEDFA loan, public medical center State Agencies - Economic Development, KEDFA loan Universities and Colleges - University of Louisville, KEDFA loan report Appropriations - KEDFA loan, public medical center Budget and Financial Administration - KEDFA loan, public medical center Fiscal Note - KEDFA loan, public medical center

Amendment	House Committee Substitute 2
Summary	Appropriate to the Cabinet for Economic Development General Fund moneys in the amount of $3,069,000 in fiscal year 2020-2021 and $3,069,000 in fiscal year 2021-2022 for new debt service to support $35,000,000 in new bonds in fiscal year 2019-2020 for the creation and funding of a KEDFA loan for a qualifying public medical center in a city of the first class; set parameters for the KEDFA loan; stipulate that the Cabinet for Economic Development shall distribute funds by April 1, 2020, shall determine the terms and conditions of the KEDFA loan, and shall monitor the performance of the qualifying public medical center to achieve partial loan forgiveness not to exceed 50 percent of the KEDFA loan amount; require the public medical center that receives the loan to provide an annual report detailing the status of the KEDFA loan for as long as it is in effect; APPROPRIATION; EMERGENCY.
Index Headings	Economic Development - KEDFA loan, public medical center Effective Dates, Emergency - KEDFA loan, public medical center Loans and Credit - KEDFA loan, public medical center State Agencies - Economic Development, KEDFA loan Appropriations - KEDFA loan, public medical center Budget and Financial Administration - KEDFA loan, public medical center

Amendment	House Committee Amendment 1
Sponsor	S. Rudy
Summary	Make title amendment.
Index Headings	Title Amendments - HB 99

Amendment	House Floor Amendment 1
Sponsor	J. Fischer
Summary	Insert language stating that partial loan forgiveness shall not exceed 50% of the KEDFA loan amount.
Index Headings	Economic Development - KEDFA loan, public medical center Education, Higher - University of Louisville, KEDFA loan report Loans and Credit - KEDFA loan, public medical center State Agencies - Economic Development, KEDFA loan Universities and Colleges - University of Louisville, KEDFA loan report Budget and Financial Administration - KEDFA loan, public medical center

Amendment	House Floor Amendment 2
Sponsor	J. Hoover
Summary	Amend provisions to make the KEDFA loan unforgivable.
Index Headings	Economic Development - KEDFA loan, public medical center Education, Higher - University of Louisville, KEDFA loan report Loans and Credit - KEDFA loan, public medical center State Agencies - Economic Development, KEDFA loan Universities and Colleges - University of Louisville, KEDFA loan report Budget and Financial Administration - KEDFA loan, public medical center

Amendment	House Floor Amendment 3
Sponsor	J. Hoover
Summary	Change appropriation to the Cabinet for Economic Development for the creation and funding of a KEDFA loan to $17,500,000; appropriate $17,500,000 in General Fund moneys to the Cabinet for Economic Development for the creation of a KEDFA loan for rural hospitals; stipulate that the KEDFA loan shall not exceed a 20-year term and shall be utilized to assist rural hospitals in providing needed direct health services; direct the Cabinet for Economic Development to determine the terms and conditions of the KEDFA loan and to monitor the performance of the rural hospitals to achieve partial loan forgiveness; and direct the Cabinet for Economic Development to provide an annual report, APPROPRIATION.
Index Headings	Hospitals and Nursing Homes - KEDFA loan, rural hospitals Economic Development - KEDFA loan, public medical center, rural hospitals Loans and Credit - KEDFA loan, public medical center, rural hospitals State Agencies - Economic Development, KEDFA loan Budget and Financial Administration - KEDFA loan, public medical center, rural hospitals Appropriations - KEDFA loan, public medical center, rural hospitals

Amendment	House Floor Amendment 4
Sponsor	J. Hoover
Summary	Make title amendment.
Index Headings	Title Amendments - HB 99

Amendment	House Floor Amendment 5
Sponsor	J. Hoover
Summary	Amend provisions to make the KEDFA loan unforgivable.
Index Headings	Economic Development - KEDFA loan, public medical center Loans and Credit - KEDFA loan, public medical center State Agencies - Economic Development, KEDFA loan Budget and Financial Administration - KEDFA loan, public medical center

Amendment	House Floor Amendment 6
Sponsor	J. Hoover
Summary	Change debt service appropriations to the Cabinet for Economic Development for the creation and funding of a KEDFA loan to $1,535,000 in each fiscal year of the 2020-2022 fiscal biennium; appropriate $1,535,000 in each fiscal year of the 2020-2022 fiscal biennium for new debt service to support $17,500,000 in new bonds to the Cabinet for Economic Development for the creation of a KEDFA loan for rural hospitals; stipulate that the KEDFA loan shall not exceed a 20-year term and shall be utilized to assist rural hospitals in providing needed direct health services; direct the Cabinet for Economic Development to distribute those funds by April 1, 2020, to determine the terms and conditions of the KEDFA loan, and to monitor the performance of the rural hospitals to achieve partial loan forgiveness not to exceed 50 percent of the KEDFA loan amount; and direct the Cabinet for Economic Development to provide an annual report; APPROPRIATION.
Index Headings	Economic Development - KEDFA loan, public medical center, rural hospitals Hospitals and Nursing Homes - KEDFA loan, rural hospitals Loans and Credit - KEDFA loan, public medical center, rural hospitals State Agencies - Economic Development, KEDFA loan Appropriations - KEDFA loan, public medical center, rural hospitals Budget and Financial Administration - KEDFA loan, public medical center, rural hospitals