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KY SB6

Bill

Status

Engrossed

3/11/2026

Primary Sponsor

Robert Stivers

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Appropriates $150,000,000 in General Fund money for fiscal year 2026-2027 to Kentucky's endowed research fund established under KRS 164.038

  • Funding will be evenly distributed across five consortium accounts created under the existing endowed research fund statute

  • Unspent money in the endowed research fund at fiscal year end does not lapse but carries forward to the next fiscal year

  • Declared an emergency measure, taking effect immediately upon Governor's approval or becoming law, citing the importance of research excellence, faculty recruitment, and economic opportunities

Legislative Description

AN ACT relating to the endowed research fund, making an appropriation therefor, and declaring an emergency.

Effective Dates, Emergency

Last Action

to Appropriations & Revenue (H)

3/12/2026

Committee Referrals

Appropriations and Revenue3/12/2026
Committee On Committees3/11/2026
Rules3/5/2026
Appropriations and Revenue2/25/2026
Committee on Committees1/28/2026

Full Bill Text

No bill text available