SB 3 KY Passed One Chamber
AN ACT relating to school district finances.
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Summary
Create a new section of KRS Chapter 160 to establish the calendar and procedures for a district superintendent and local board of education to adopt a school district budget; require that a budget must include a reserve of not less than 2%; amend KRS 160.431 to require the annual financial report and the Kentucky Department of Education's written report be published on the district financial disclosure website; amend KRS 160.463 to require a school district to maintain a district financial disclosure website; identify the information that shall be published on the website; amend KRS 157.440, 160.390, 160.460, 160.470, 160.473, 160.530, 160.550, and 424.250 to conform; require districts to publish the most recent information available on the district financial disclosure website upon the effective date of the Act.
Sponsors (5)
- L. Tichenor Republican · primary
- D. Douglas Republican · primary
- G. Elkins Republican · primary
- S. Funke Frommeyer Republican · primary
- M. Wilson Republican · primary
Action history (12)
- Jan 21, 2026 introduced in Senate · upper
- Jan 21, 2026 to Committee on Committees (S) · upper
- Jan 28, 2026 to Education (S) · upper
- Jan 29, 2026 reported favorably, 1st reading, to Calendar with Committee Amendment (1) · upper
- Jan 29, 2026 floor amendment (1) filed · upper
- Jan 30, 2026 2nd reading, to Rules · upper
- Jan 30, 2026 floor amendment (2) filed · upper
- Jan 30, 2026 posted for passage in the Regular Orders of the Day for Monday, February 02 2026 · upper
- Feb 2, 2026 floor amendment (1) withdrawn · upper
- Feb 2, 2026 3rd reading, passed 35-1 with Committee Amendment (1) and Floor Amendment (2) · upper
- Feb 3, 2026 received in House · lower
- Feb 3, 2026 to Committee on Committees (H) · lower
Full text
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