HB 480 KY

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Became Law

Amend KRS 45A.035 to require the Finance and Administration Cabinet to promulgate administrative regulations to establish policies regarding timely payments, partial payments, reimbursement, and payment resolution process; create a new section of KRS Chapter 45A to require terms included in state government contracts to address timely payments, partial payment, a payment process for disbursement of funds, payment schedule, and a payment resolution process; establish timely payment policies to provide that all undisputed amounts shall be paid within 30 business days of receipt of the goods, services, invoice, or in accordance with the terms of the contract; provide interest penalties for undisputed amounts that are not timely paid ; require any invoices that are submitted by a contractor or vendor outside of the 10 calendar days correction period to be considered a new invoice for the purpose of calculation of the late payment fee pursuant to KRS 45.454; require the Finance and Administration Cabinet to promulgate administrative regulations to establish a payment resolution process; define "purchasing agency" and "undisputed amount"; require the Finance and Administration Cabinet to submit a report every 6 months to the Legislative Research Commission detailing late payment contract disputes.

• S. McPherson Republican · primary
• J. Petrie Republican · primary
• A. Bowling Republican · primary
• S. Bratcher Republican · primary
• A. Donworth Democratic · primary
• D. Grossberg Democratic · primary
• V. Grossl Republican · primary
• S. Heavrin Republican · primary
• K. King Republican · primary
• N. Kulkarni Democratic · primary
• C. Lewis Republican · primary
• R. Roarx Democratic · primary
• S. Stalker Democratic · primary
• R. White Republican · primary

1. Jan 23, 2026 introduced in House · lower
2. Jan 23, 2026 to Committee on Committees (H) · lower
3. Feb 2, 2026 to State Government (H) · lower
4. Feb 12, 2026 reported favorably, 1st reading, to Calendar · lower
5. Feb 13, 2026 2nd reading, to Rules · lower
6. Feb 13, 2026 posted for passage in the Regular Orders of the Day for Tuesday, February 17 2026 · lower
7. Feb 17, 2026 floor amendment (1) filed · lower
8. Feb 17, 2026 3rd reading, passed 96-0 · lower
9. Feb 18, 2026 received in Senate · upper
10. Feb 18, 2026 to Committee on Committees (S) · upper
11. Mar 24, 2026 to Economic Development, Tourism, & Labor (S) · upper
12. Mar 26, 2026 reported favorably, 1st reading, to Consent Calendar · lower
13. Mar 27, 2026 2nd reading, to Rules as a consent bill · lower
14. Mar 27, 2026 posted for passage in the Consent Orders of the Day for Tuesday, March 31 2026 · lower
15. Mar 31, 2026 3rd reading, passed 38-0 · lower
16. Mar 31, 2026 received in House · lower
17. Apr 1, 2026 enrolled, signed by Speaker of the House · lower
18. Apr 1, 2026 enrolled, signed by President of the Senate · upper
19. Apr 1, 2026 delivered to Governor · lower
20. Apr 13, 2026 filed without Governor's signature with the Secretary of State · lower
21. Apr 14, 2026 became law without Governor's Signature (Acts Ch. 147) · lower