SB 343 KY

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Introduced

Create new sections of KRS Chapter 224A to make findings and declarations of the General Assembly regarding the need for funding for public funding for drinking water and wastewater systems; establish a water management assistance fund which is administered by the Kentucky Infrastructure Authority to provide assistance for both capital and non-capital expenses of governmental entities that provide public drinking water and wastewater services to the public; describe the various non-capital expenses that the fund can provide funding for; amend KRS 91A.040 to make permissive the requirement for the Finance and Administration Cabinet to place a hold on the funds to cities for nonperformance of required financial audits and statements; amend KRS 224A.011 to include private water associations under the definition of "governmental agency"; amend 224A.035 to authorize the Kentucky Infrastructure Authority to make non-capital expenditure from funds that it governs; and amend KRS 224A.040 to allow expenditure for non-capital expenditures that improve the technical, managerial, or operational capacity of public drinking water and wastewater systems and allow for the purchase of obligations if the purchase does not cause interest on current or future state agency obligations to be included in gross federal income for federal tax purposes.

• P. Wheeler Republican · primary
• J. Turner · primary

1. Mar 3, 2022 introduced in Senate · upper
2. Mar 3, 2022 to Committee on Committees (S) · upper
3. Mar 7, 2022 to State & Local Government (S) · upper
4. Mar 16, 2022 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · upper
5. Mar 17, 2022 floor amendment (1) filed to Committee Substitute · upper
6. Mar 17, 2022 2nd reading, to Rules · upper
7. Mar 23, 2022 recommitted to State & Local Government (S) · upper

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced · PDF