KY HB727 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 9 2024 - 100% progression
Action: 2024-04-09 - signed by Governor (Acts Ch. 126)
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 9 2024 - 100% progression
Action: 2024-04-09 - signed by Governor (Acts Ch. 126)
Text: Latest bill text (Chaptered) [PDF]
Summary
Amends KRS 160.160 to authorize a school district to issue general obligation bonds in accordance with KRS Chapter 66, to authorize the Kentucky Department of Education (KDE) to intercept debt service payments when due for a general obligation bond issue, to make conforming amendments, to add language to suspend the requirement for prior approval for a local board to commence the funding, financing, design, construction, renovation, or modification of district facilities until June 30, 2027, to require a local board to continue to submit BG-1 Project Application forms, to ensure that KDE shall continue to have authority to intercede on bond payments until June 30, 2027, to provide for an expedited process for approval of district facility plans and the acquisition and disposal of property, to require that KDE provide assistance to districts upon request concerning facilities and properties procedures, to ensure current applications are governed by these sections, to includes extracurricular facilities as facilities covered by the Act, and to declare that nothing in specified sections waives prior approval of Elementary and Secondary School Emergency Relief funds or other federal funds for which federal law requires state authorization; and creates a new section of KRS Chapter 162 to allow school districts to issue general obligation bonds.
Title
AN ACT relating to school district buildings.
Sponsors
Roll Calls
2024-03-28 - Senate - Senate: Third Reading RSN# 3154 (Y: 38 N: 0 NV: 0 Abs: 0) [PASS]
2024-03-12 - House - House: Third Reading RCS# 266 (Y: 95 N: 0 NV: 0 Abs: 3) [PASS]
2024-03-12 - House - House: Third Reading RCS# 266 (Y: 95 N: 0 NV: 0 Abs: 3) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-04-09 | House | signed by Governor (Acts Ch. 126) |
2024-03-28 | House | delivered to Governor |
2024-03-28 | House | enrolled, signed by President of the Senate |
2024-03-28 | House | enrolled, signed by Speaker of the House |
2024-03-28 | House | received in House |
2024-03-28 | Senate | 3rd reading, passed 38-0 |
2024-03-27 | Senate | posted for passage in the Consent Orders of the Day for Thursday, March 28, 2024 |
2024-03-27 | Senate | 2nd reading, to Rules as a consent bill |
2024-03-26 | Senate | reported favorably, 1st reading, to Consent Calendar |
2024-03-21 | Senate | to Banking & Insurance (S) |
2024-03-13 | Senate | to Committee on Committees (S) |
2024-03-13 | Senate | received in Senate |
2024-03-12 | House | 3rd reading, passed 95-0 with Committee Substitute (1) and Floor Amendments (1) and (3) |
2024-03-11 | House | floor amendments (2) and (3) filed to Committee Substitute |
2024-03-07 | House | posted for passage in the Regular Orders of the Day for Friday, March 08, 2024 |
2024-03-07 | House | 2nd reading, to Rules |
2024-03-06 | House | floor amendment (1) filed to Committee Substitute |
2024-03-06 | House | reported favorably, 1st reading, to Calendar with Committee Substitute (1) |
2024-03-05 | House | to Banking & Insurance (H) |
2024-02-26 | House | to Committee on Committees (H) |
2024-02-26 | House | introduced in House |