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KY HB603
Bill
Status
Introduced
2/9/2026
Primary Sponsor
Pamela Stevenson
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AI Summary
- Amends KRS 45.760 to update language regarding capital project expenditure limits and fund transfer procedures for Kentucky's state capital construction program
- Transfers for capital projects exceeding 15% of General Assembly-authorized amounts require written certification to the Capital Projects and Bond Oversight Committee at least 14 days prior to committee meeting
- Allows unlisted capital construction projects or major equipment to be authorized if 50% or more is funded by federal/private funds, or if energy cost savings produce a payback period of 5 years or less
- Requires each branch of government to submit by October 1 a complete list of all uncompleted capital projects and major equipment items, including project phase, account balances, transfers, and estimated completion costs
- Prohibits entity heads from deviating from General Assembly requirements regarding purpose, location, or configuration of authorized capital construction items
Legislative Description
AN ACT relating to appropriations.
Technical Corrections
Last Action
to Appropriations & Revenue (H)
2/17/2026
Committee Referrals
Appropriations and Revenue2/17/2026
Committee On Committees2/9/2026
Full Bill Text
No bill text available