HB 758 KY Became Law
AN ACT relating to financial assistance and making an appropriation therefor.
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Summary
Create new sections of KRS Chapter 224A to making 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.
Sponsors (10)
- J. Gooch Jr. Republican · primary
- L. Bechler · primary
- J. Bray Republican · primary
- P. Flannery Republican · primary
- N. Kirk-McCormick · primary
- W. Lawrence Republican · primary
- D. Lewis Republican · primary
- M. Meredith Republican · primary
- M. Prunty · primary
- B. Reed · primary
Action history (30)
- Mar 1, 2022 introduced in House · lower
- Mar 1, 2022 to Committee on Committees (H) · lower
- Mar 9, 2022 to Natural Resources & Energy (H) · lower
- Mar 10, 2022 reported favorably, 1st reading, to Calendar · lower
- Mar 11, 2022 2nd reading, to Rules · lower
- Mar 11, 2022 posted for passage in the Regular Orders of the Day for Monday, March 14, 2022 · lower
- Mar 14, 2022 floor amendment (1) filed · lower
- Mar 17, 2022 3rd reading, passed 94-0 with Floor Amendment (1) · lower
- Mar 18, 2022 received in Senate · upper
- Mar 18, 2022 to Committee on Committees (S) · upper
- Mar 21, 2022 to Natural Resources & Energy (S) · upper
- Mar 24, 2022 taken from Natural Resources & Energy (S) · upper
- Mar 24, 2022 1st reading · lower
- Mar 24, 2022 returned to Natural Resources & Energy (S) · upper
- Mar 25, 2022 taken from Natural Resources & Energy (S) · upper
- Mar 25, 2022 2nd reading · lower
- Mar 25, 2022 returned to Natural Resources & Energy (S) · upper
- Mar 29, 2022 reported favorably, to Rules with Committee Substitute (1) as a consent bill · lower
- Mar 30, 2022 posted for passage in the Consent Orders of the Day for Wednesday, March 30, 2022 · lower
- Mar 30, 2022 3rd reading, passed 36-0 with Committee Substitute (1) · lower
- Mar 30, 2022 received in House · lower
- Mar 30, 2022 to Rules (H) · lower
- Mar 30, 2022 taken from Rules · lower
- Mar 30, 2022 posted for passage for concurrence in Senate Committee Substitute (1) · lower
- Mar 30, 2022 House concurred in Senate amendment · lower
- Mar 30, 2022 passed 96-0 · lower
- Mar 30, 2022 enrolled, signed by Speaker of the House · lower
- Mar 30, 2022 enrolled, signed by President of the Senate · upper
- Mar 30, 2022 delivered to Governor · lower
- Apr 8, 2022 signed by Governor (Acts Ch. 177) · lower
Text versions (3)
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