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]
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.
Title
AN ACT authorizing bonds for a postsecondary education capital project, making an appropriation therefor, and declaring an emergency.
Sponsors
Rep. Rick Rand [D] | Rep. Jeff Hoover [R] | Rep. Mitchel Denham [D] | Rep. Dennis Keene [D] |
Rep. Ruth Palumbo [D] | Rep. Gregory Stumbo [D] | Rep. Thomas Thompson [D] |
History
Date | Chamber | Action |
---|---|---|
2015-03-09 | House | signed by Governor (Acts ch. 1) |
2015-03-04 | House | delivered to Governor |
2015-03-04 | House | enrolled, signed by each presiding officer |
2015-03-03 | House | received in House |
2015-03-03 | Senate | 3rd reading, passed 36-1 |
2015-03-02 | Senate | posted for passage in the Regular Orders of the Day for Tuesday, March 3, 2015 |
2015-02-27 | Senate | 2nd reading, to Rules |
2015-02-26 | Senate | reported favorably, 1st reading, to Calendar |
2015-02-19 | Senate | to Appropriations & Revenue (S) |
2015-02-13 | Senate | received in Senate |
2015-02-13 | House | 3rd reading, passed 83-9 |
2015-02-11 | House | posted for passage in the Regular Orders of the Day for Thursday, February 12, 2015 |
2015-02-11 | House | 2nd reading, to Rules |
2015-02-10 | House | reported favorably, 1st reading, to Calendar |
2015-02-06 | House | posted in committee |
2015-02-05 | House | to Appropriations & Revenue (H) |
2015-02-04 | House | introduced in House |
Kentucky State Sources
Type | Source |
---|---|
Summary | http://www.lrc.ky.gov/record/15RS/HB298.htm |
Text | http://www.lrc.ky.gov/record/15RS/HB298/bill.doc |
Supplement | http://www.lrc.ky.gov/record/15RS/HB298/vote_history.pdf |