Kentucky Senate Bill 343 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on March 3 2022 - 25% progression, died in committee
Action: 2022-03-23 - recommitted to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Introduced) [PDF]

Create new sections of KRS Chapter 224A to make findings and declarations of the General Assembly regarding the need for funding for public funding for drinking water and wastewater systems; establish a water management assistance fund which is administered by the Kentucky Infrastructure Authority to provide assistance for both capital and non-capital expenses of governmental entities that provide public drinking water and wastewater services to the public; describe the various non-capital expenses that the fund can provide funding for; amend KRS 91A.040 to make permissive the requirement for the Finance and Administration Cabinet to place a hold on the funds to cities for nonperformance of required financial audits and statements; amend KRS 224A.011 to include private water associations under the definition of "governmental agency"; amend 224A.035 to authorize the Kentucky Infrastructure Authority to make non-capital expenditure from funds that it governs; and amend KRS 224A.040 to allow expenditure for non-capital expenditures that improve the technical, managerial, or operational capacity of public drinking water and wastewater systems and allow for the purchase of obligations if the purchase does not cause interest on current or future state agency obligations to be included in gross federal income for federal tax purposes.

AN ACT relating to financial assistance and making an appropriation therefor.

Sen. Phillip Wheeler [R]

Sen. Johnnie Turner [R]

Date	Chamber	Action
2022-03-23	Senate	recommitted to State & Local Government (S)
2022-03-17	Senate	2nd reading, to Rules
2022-03-17	Senate	floor amendment (1) filed to Committee Substitute
2022-03-16	Senate	reported favorably, 1st reading, to Calendar with Committee Substitute (1)
2022-03-07	Senate	to State & Local Government (S)
2022-03-03	Senate	to Committee on Committees (S)
2022-03-03	Senate	introduced in Senate

Type	Source
Summary	https://apps.legislature.ky.gov/record/22RS/sb343.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/22RS/sb343/orig_bill.pdf
Amendment	https://apps.legislature.ky.gov/recorddocuments/bill/22RS/SB343/SCS1.pdf
Amendment	https://apps.legislature.ky.gov/recorddocuments/bill/22RS/SB343/SFA1.pdf