Last Action | 03/07/25: to Appropriations & Revenue (S) |
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Title | AN ACT relating to government contracts and declaring an emergency. |
Bill Documents |
Current
Introduced |
Bill Request Number | 839 |
Sponsors | S. McPherson, J. Petrie, B. Chester-Burton, A. Donworth, A. Gentry, D. Grossberg, V. Grossl, D. Hale, S. Heavrin, K. King, N. Kulkarni, C. Lewis, R. Roarx, S. Stalker, L. Willner |
Summary of Original Version | Amend KRS 45A.030 to expand the definition of "contract"; amend KRS 45A.035 to require promulgation of administrative regulations to establish policies regarding timely payments under contracts; create a new section of KRS Chapter 45A to establish timely payment penalty and procedures; require the Finance and Administration Cabinet to submit a detailed report of interest penalties and reimbursement payments every six months due to payments not timely made to the Legislative Research Commission; EMERGENCY. |
Index Headings of Original Version |
Effective Dates, Emergency - Government contracts, timely payments, procedures, penalties Purchasing - Government contracts, timely payments, procedures, penalties State Agencies - Finance and Administration Cabinet, procurement, contract, timely payment, procedures, penalties Administrative Regulations and Proceedings - Finance and Administration Cabinet, contracts, timely payment, procedures, establish Contracts - Government contracts, timely payments, procedures, penalties Reports Mandated - Finance and Administration Cabinet, interest, penalties, and reimbursements, contracts |
Votes | Vote History |
02/18/25 |
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02/25/25 |
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02/27/25 |
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02/28/25 |
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03/04/25 |
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03/05/25 |
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03/07/25 |
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Last updated: 3/7/2025 4:31 PM (EST)