Last Action | 03/14/25: posted for passage for concurrence in Senate Committee Substitute (1) and Committee Amendment (1-title) |
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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 |
Jump to Proposed Amendments |
Senate Committee Substitute 1 Senate Committee Amendment 1 |
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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03/12/25 |
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03/13/25 |
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03/14/25 |
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Amendment | Senate Committee Substitute 1 |
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Summary | Retain original provisions, except require the Finance and Administration Cabinet to promulgate administrative regulations governing partial payment of contracts; provide that all undisputed amounts shall be paid within 30 business days of receipt of the goods, services, invoice, or in accordance with the terms of the contract; provide interest penalties for undisputed amounts that are not paid timely; require any invoices that are submitted by a contractor or vendor outside of the 10 calendar days correction period to be considered a new invoice for the purpose of calculation of the late payment fee pursuant to KRS 45.454; redirect $10,000,000 to the Grayson County Fiscal Court; amend 2024 Ky. Acts ch. 175 to require assistance to nonpublic schools in funding salaries for school resource officers; amend 2024 Ky. Acts ch. 173; allow the secretary of the Finance and Administration Cabinet to request up to $20,000,000 in Capitol projects fundings for the capitol campus renovation phase 2 project; APPROPRIATION; EMERGENCY. |
Index Headings |
Education, Elementary and Secondary - School resource officers, nonpublic schools, reimbursement and support Education, Finance - School resource officers, nonpublic schools, reimbursement and support Effective Dates, Emergency - Finance and Administration Cabinet, Capitol campus renovation Peace Officers and Law Enforcement - School resource officers, nonpublic schools, reimbursement and support Police, City and County - School resource officers, nonpublic schools, reimbursement and support Police, State - School resource officers, nonpublic schools, reimbursement and support Purchasing - Government contracts, timely payments, procedures, penalties State Agencies - Finance and Administration Cabinet, procurement, contracts, timely payment, procedures, penalties Administrative Regulations and Proceedings - Finance and Administration Cabinet, contracts, timely payment, dispute, procedures, establishment Appropriations - Finance and Administration Cabinet, Capitol campus renovation Appropriations - Finance and Administration Cabinet, contracts, interest, penalties Budget and Financial Administration - Finance and Administration Cabinet, Capitol campus renovation Contracts - Government contracts, timely payments, procedures, penalties Reports Mandated - Finance and Administration Cabinet, contracts, interest, penalties |
Amendment | Senate Committee Amendment 1 |
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Sponsor | C. McDaniel |
Summary | Make title amendment. |
Index Headings | Title Amendments - HB 622/GA |
Last updated: 3/25/2025 6:40 PM (EDT)