Last Action | 03/18/21: signed by Governor (Acts Ch. 39) |
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Title | AN ACT relating to the postsecondary education performance fund and declaring an emergency. |
Bill Documents |
Acts Chapter 39
Current/Final Introduced |
Bill Request Number | 1031 |
Sponsors | D. Givens, D. Carroll |
Summary of Original Version | Amend KRS 164.092 to revise the definition of "formula base amount"; establish a definition of "funding floor" for purposes of priority funding for postsecondary institutions; add a hold-harmless provision for fiscal year 2021-2022 and thereafter; add a stop-loss provision of 0% for fiscal year 2021-2022 and thereafter; establish how amounts distributed from the performance fund shall be treated in the biennial budget process. |
Index Headings of Original Version |
Education, Finance - Postsecondary education performance fund, funding formula, revisions Education, Higher - Postsecondary education performance fund, funding formula, revisions Universities and Colleges - Postsecondary education performance fund, funding formula, revisions Budget and Financial Administration - Postsecondary education performance fund, biennial budget, treatment |
Jump to Proposed Amendments |
Senate Committee Substitute 1 Senate Committee Amendment 1 House Committee Substitute 1 |
Votes | Vote History |
02/02/21 |
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02/04/21 |
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02/11/21 |
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02/22/21 |
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02/24/21 |
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02/25/21 |
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02/26/21 |
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03/02/21 |
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03/03/21 |
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03/04/21 |
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03/05/21 |
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03/11/21 |
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03/12/21 |
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03/18/21 |
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Amendment | Senate Committee Substitute 1 |
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Summary | Retain original provisions; add emergency clause. EMERGENCY. |
Index Headings | Effective Dates, Emergency - Postsecondary education performance fund, revisions |
Amendment | Senate Committee Amendment 1 |
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Sponsor | D. Givens |
Summary | Make title amendment. |
Index Headings | Title Amendments - SB 135 |
Amendment | House Committee Substitute 1 |
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Summary | Retain original provisions except specify that the funding floor shall be based on the institution's general fund appropriation as included in the 2020 budget bill; change the date for when the council shall certify amounts to the state budget director to May 1. |
Index Headings |
Education, Finance - Funding floor definition, revision Education, Higher - Funding floor definition, revision Universities and Colleges - Funding floor definition, revision |
Last updated: 11/9/2023 2:52 PM (EST)