HB 727 KY

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Became Law

Create a new section of KRS Chapter 162 to allow school districts to issue general obligation bonds and obtain bank loans; amend KRS 160.160 require the approval of the Department of Education prior to a school district obtaining a bank loan or issuing general obligation bonds; require general obligation bonds to be entered into through advertising or competitive bidding; provide for the department to intercept funds for a payment due on a general obligation bond; make conforming amendments.

• M. Meredith Republican · primary

1. Feb 26, 2024 introduced in House · lower
2. Feb 26, 2024 to Committee on Committees (H) · lower
3. Mar 5, 2024 to Banking & Insurance (H) · lower
4. Mar 6, 2024 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · lower
5. Mar 6, 2024 floor amendment (1) filed to Committee Substitute · lower
6. Mar 7, 2024 2nd reading, to Rules · lower
7. Mar 7, 2024 posted for passage in the Regular Orders of the Day for Friday, March 08, 2024 · lower
8. Mar 11, 2024 floor amendments (2) and (3) filed to Committee Substitute · lower
9. Mar 12, 2024 3rd reading, passed 95-0 with Committee Substitute (1) and Floor Amendments (1) and (3) · lower
10. Mar 13, 2024 received in Senate · upper
11. Mar 13, 2024 to Committee on Committees (S) · upper
12. Mar 21, 2024 to Banking & Insurance (S) · upper
13. Mar 26, 2024 reported favorably, 1st reading, to Consent Calendar · lower
14. Mar 27, 2024 2nd reading, to Rules as a consent bill · lower
15. Mar 27, 2024 posted for passage in the Consent Orders of the Day for Thursday, March 28, 2024 · lower
16. Mar 28, 2024 3rd reading, passed 38-0 · lower
17. Mar 28, 2024 received in House · lower
18. Mar 28, 2024 enrolled, signed by Speaker of the House · lower
19. Mar 28, 2024 enrolled, signed by President of the Senate · upper
20. Mar 28, 2024 delivered to Governor · lower
21. Apr 9, 2024 signed by Governor (Acts Ch. 126) · lower

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.

• Acts Chapter 126 · PDF
• Current/Final · PDF
• Introduced · PDF