KY HB298 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Passed on March 9 2015 - 100% progression
Action: 2015-03-09 - signed by Governor (Acts ch. 1)
Text: Latest bill text (Draft #2) [MS Word]

Summary

Appropriate to the University of Kentucky from the General Fund $5,459,000 in fiscal year 2015-2016 for debt service to support General Fund Bonds; authorize and appropriate $132,500,000 in Bond Funds in fiscal year 2014-2015 and $132,500,000 in Restricted Funds in fiscal year 2014-2015 for construction of a Research Building at the University of Kentucky; establish that it is the intent of the 2015 General Assembly that the University of Kentucky not base any decision to proceed with the capital project on an expectation of receiving any General Fund moneys for the operation and maintenance of that facility in future biennia; stipulate that all authorizations and appropriations for the capital project shall expire on June 30, 2016, unless reauthorized, with the following exceptions: a construction or purchase contract for the project is awarded, or permanent financing or a short-term line of credit sufficient to cover the total authorized bonds is obtained if the appropriated project completes an initial draw on the line of credit within the fiscal biennium immediately subsequent to the original bond authorization; EMERGENCY.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

AN ACT authorizing bonds for a postsecondary education capital project, making an appropriation therefor, and declaring an emergency.

Sponsors


History

DateChamberAction
2015-03-09Housesigned by Governor (Acts ch. 1)
2015-03-04Housedelivered to Governor
2015-03-04Houseenrolled, signed by each presiding officer
2015-03-03Housereceived in House
2015-03-03Senate3rd reading, passed 36-1
2015-03-02Senateposted for passage in the Regular Orders of the Day for Tuesday, March 3, 2015
2015-02-27Senate2nd reading, to Rules
2015-02-26Senatereported favorably, 1st reading, to Calendar
2015-02-19Senateto Appropriations & Revenue (S)
2015-02-13Senatereceived in Senate
2015-02-13House3rd reading, passed 83-9
2015-02-11Houseposted for passage in the Regular Orders of the Day for Thursday, February 12, 2015
2015-02-11House2nd reading, to Rules
2015-02-10Housereported favorably, 1st reading, to Calendar
2015-02-06Houseposted in committee
2015-02-05Houseto Appropriations & Revenue (H)
2015-02-04Houseintroduced in House

Kentucky State Sources


Bill Comments

feedback