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House Bill 663

Actions | Amendments
Last Action 04/08/22: signed by Governor (Acts Ch. 170)
Title AN ACT relating to financial disclosures of postsecondary education institutions.
Bill Documents Acts Chapter 170
Current/Final
Introduced
Bill Request Number 2136
Sponsor B. McCool
Summary of Original Version Create a new section of KRS Chapter 164 to require the president and chair of the governing board of each postsecondary education institution licensed or overseen by the Council on Postsecondary Education to jointly execute a signed, sworn financial disclosure statement by July 1 of each year; designate recipients of the statement; and authorize CPE to investigate if an institution fails to provide a statement to designated recipients.
Index Headings of Original Version Education, Higher - Financial disclosure, institutions licensed or overseen by Council on Postsecondary Education
State Agencies - Council on Postsecondary Education, receipt of statement
Universities and Colleges - Financial disclosure, institutions licensed or overseen by Council on Postsecondary Education
Jump to Proposed Amendments House Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/28/22
  • introduced in House
  • to Committee on Committees (H)
03/11/22
  • to Education (H)
03/14/22
  • taken from Education (H)
  • 1st reading
  • returned to Education (H)
03/15/22
  • reported favorably, 2nd reading, to Rules with Committee Substitute (1)
03/16/22
  • posted for passage in the Regular Orders of the Day for Thursday, March 17, 2022
03/17/22
  • 3rd reading, passed 93-0 with Committee Substitute (1)
03/18/22
  • received in Senate
  • to Committee on Committees (S)
03/21/22
  • to Education (S)
03/24/22
  • reported favorably, 1st reading, to Consent Calendar
03/25/22
  • 2nd reading, to Rules as a consent bill
03/29/22
  • posted for passage in the Consent Orders of the Day for Tuesday, March 29, 2022
  • passed over and retained in the Consent Orders of the Day
03/30/22
  • 3rd reading, passed 36-0
  • received in House
  • enrolled, signed by Speaker of the House
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/08/22
  • signed by Governor (Acts Ch. 170)

Proposed Amendments

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Amendment House Committee Substitute 1
Summary Retain original provisions except move the reporting date from July 1 to June 30; require the annual statement include data from the previous fiscal year; provide that the parties may rely on financial representations of designated individuals in executing the statement.
Index Headings Education, Higher - Financial disclosure, CPE governance, reporting year, reasonable reliance on qualified professionals
Universities and Colleges - Financial disclosure, CPE governance, reporting year, reasonable reliance on qualified professionals

Last updated: 2/8/2023 2:57 PM (EST)