98RS HB392


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HB 392 (BR 1645) - M. Long

     AN ACT relating to the selection of underwriters and bond counsel firms.
     Amend KRS 45A.847 to provide that people on the underwriters and bond counsel selection committee in the OFMEA office are appointed; amend KRS 45A.850 to include the State Property and Buildings Commission in the list of agencies for which the selection committee chooses underwriters and bond counsel firms; provide that more than one underwriter and bond counsel firms may be chosen for each agency; amend KRS 45A.853 to provide that a firm's prequalification shall remain in effect for 24 months instead of 12; specify what the selection committee is to do at its second meeting; amend KRS 45A.857 to provide that a minimum of two firms are to be selected; provide that if the executive director does not agree with the selection made by the selection committee, that he shall state his reasons in writing for agreeing or not agreeing with the selection of the second ranked firm; amend KRS 45A.860 to conform.


     HCS - Reword to clarify the process of selection consideration by the executive director and secretary of Finance and Administration.

     Jan 22-introduced in House
     Jan 23-to State Government (H)
     Jan 29-posted in committee
     Feb 3-reported favorably, 1st reading, to Calendar with Committee Substitute
     Feb 4-2nd reading, to Rules
     Feb 10-posted for passage in the Regular Orders of the Day for February 11, 1998
     Feb 11-3rd reading, passed 95-0 with Committee Substitute
     Feb 17-received in Senate
     Feb 18-to State and Local Government (S)
     Feb 26-reported favorably, 1st reading, to Consent Calendar
     Feb 27-2nd reading, to Rules
     Mar 3-posted for passage in the Consent Orders of the Day for March 5, 1998
     Mar 5-3rd reading, passed 37-0
     Mar 6-received in House; enrolled, signed by Speaker of the House
     Mar 9-enrolled, signed by President of the Senate; delivered to Governor
     Mar 20-signed by Governor

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