Kentucky 2020 Regular Session Status: Enacted

HB 377 — AN ACT relating to special purpose governmental entities.

Last action — signed by Governor (Acts ch. 27)

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 04, 2020. Enacted.

Prognosis

Likely to advance 68% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

26 added · 26 removed

26 line(s) added, 26 removed.

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UNOFFICIAL COPY 20 RS BR 1484 AN ACT relating to special purpose governmental entities.
UNOFFICIAL COPY 20 RS HB 377/GA AN ACT relating to special purpose governmental entities.
and the statute or statutes, local government ordinance, or Page 1 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 interlocal agreement under which the entity operates, if different from the statute or statutes, ordinance, or agreement under which it was established;
and the statute or statutes, local government ordinance, or Page 1 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA interlocal agreement under which the entity operates, if different from the statute or statutes, ordinance, or agreement under which it was established;
A listing of all federal, state, and local governmental entities that have oversight authority over the special purpose governmental Page 2 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 entity or to which the special purpose governmental entity submits reports, data, or information;
A listing of all federal, state, and local governmental entities that have oversight authority over the special purpose governmental Page 2 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA entity or to which the special purpose governmental entity submits reports, data, or information;
Page 3 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 (b) The provisions of KRS 65A.040 shall apply when a special purpose governmental entity fails to submit the information required by this section in a timely manner, or submits information that does not comply with the requirements and standards established by this section and the DLG.
Page 3 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA (b) The provisions of KRS 65A.040 shall apply when a special purpose governmental entity fails to submit the information required by this section in a timely manner, or submits information that does not comply with the requirements and standards established by this section and the DLG.
(c) As an alternative to completing and submitting any standard form developed by the DLG for the reporting of financial information, federally regulated municipal utilities and public utilities established pursuant to KRS 96.740 that are not federally regulated municipal utilities may elect to satisfy the reporting Page 4 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 requirements established by subsection (2)(a)2.
(c) As an alternative to completing and submitting any standard form developed by the DLG for the reporting of financial information, federally regulated municipal utilities and public utilities established pursuant to KRS 96.740 that are not federally regulated municipal utilities may elect to satisfy the reporting Page 4 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA requirements established by subsection (2)(a)2.
For special purpose governmental entities with annual revenue from all sources of less than one hundred thousand dollars ($100,000), twenty- Page 5 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 five dollars ($25);
For special purpose governmental entities with annual revenue from all sources of less than one hundred thousand dollars ($100,000), twenty- Page 5 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA five dollars ($25);
In determining the annual fee due from a special purpose governmental Page 6 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 entity, the DLG may exclude revenues received by the special purpose governmental entity if:
In determining the annual fee due from a special purpose governmental Page 6 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA entity, the DLG may exclude revenues received by the special purpose governmental entity if:
Page 7 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 (a) Every special purpose governmental entity with the higher of annual receipts from all sources or annual expenditures of less than one hundred thousand dollars ($100,000) shall:
Page 7 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA (a) Every special purpose governmental entity with the higher of annual receipts from all sources or annual expenditures of less than one hundred thousand dollars ($100,000) shall:
(b) The audit or attestation engagement shall be completed no later than twelve (12) months following the close of the fiscal year subject to the audit or the Page 8 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 attestation engagement.
(b) The audit or attestation engagement shall be completed no later than twelve (12) months following the close of the fiscal year subject to the audit or the Page 8 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA attestation engagement.
of this paragraph, the audit submitted by a federally regulated municipal utility or a public utility established pursuant to KRS 96.740 that is not a federally regulated municipal utility with regard to the public power Page 9 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 component of the utility's operations shall conform to KRS 96.840 and the financial standards of the Federal Energy Regulatory Commission's Uniform System of Accounts.
of this paragraph, the audit submitted by a federally regulated municipal utility or a public utility established pursuant to KRS 96.740 that is not a federally regulated municipal utility with regard to the public power Page 9 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA component of the utility's operations shall conform to KRS 96.840 and the financial standards of the Federal Energy Regulatory Commission's Uniform System of Accounts.
(b) The Auditor of Public Accounts shall review the application and if the auditor determines that the board, commission, or agency has the resources and capacity to conduct an acceptable alternative financial review, the auditor Page 10 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 shall notify the DLG that the board, commission, or agency is approved to provide an alternative financial review of the special purpose governmental entities it regulates or oversees that are required by subsection (1)(a) of this section to submit an attestation engagement.
(b) The Auditor of Public Accounts shall review the application and if the auditor determines that the board, commission, or agency has the resources and capacity to conduct an acceptable alternative financial review, the auditor Page 10 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA shall notify the DLG that the board, commission, or agency is approved to provide an alternative financial review of the special purpose governmental entities it regulates or oversees that are required by subsection (1)(a) of this section to submit an attestation engagement.
(4) The DLG shall determine which procedures conducted under attestation standards will apply to special purpose governmental entities meeting the conditions Page 11 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 established by subsection (1)(a) of this section.
(4) The DLG shall determine which procedures conducted under attestation standards will apply to special purpose governmental entities meeting the conditions Page 11 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA established by subsection (1)(a) of this section.
Page 12 of 13 BR148400.100 - 1484 - XXXX Jacketed UNOFFICIAL COPY 20 RS BR 1484 (c) Any receipts excluded under paragraph (a) or (b) of this subsection shall still be reported as required under KRS 65A.020(2)(a)2.
Page 12 of 13 HB037710.100 - 1484 - XXXX GA UNOFFICIAL COPY 20 RS HB 377/GA (c) Any receipts excluded under paragraph (a) or (b) of this subsection shall still be reported as required under KRS 65A.020(2)(a)2.
Page 13 of 13 BR148400.100 - 1484 - XXXX Jacketed
Page 13 of 13 HB037710.100 - 1484 - XXXX GA
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Action History

  1. signed by Governor (Acts ch. 27)

  2. delivered to Governor

  3. enrolled, signed by President of the Senate

  4. enrolled, signed by Speaker of the House

  5. received in House

  6. 3rd reading, passed 34-0

  7. passed over and retained in the Orders of the Day

  8. posted for passage in the Regular Orders of the Day for Wednesday, March 11, 2020

  9. 2nd reading, to Rules

  10. reported favorably, 1st reading, to Calendar

  11. to Transportation (S)

  12. received in Senate

  13. 3rd reading, passed 92-0

  14. posted for passage in the Regular Orders of the Day for Friday, February 14, 2020

  15. 2nd reading, to Rules

  16. reported favorably, 1st reading, to Calendar

  17. posted in committee

  18. to Local Government (H)

  19. introduced in House

Sponsorship breakdown

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0 sponsors · 0 co-sponsors · 138 not signed on

Sponsors (0)

None.

Co-sponsors (0)

None.

Not signed on (138)

138 members have not signed on to this bill.

Show all 138 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

PASS HB 377

Passed 34 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 20003
Republican 13001
Democrat 1000
Total 34004
% of votes cast 89%0%0%11%
How each member voted (38)
Member Party Vote
Alvarado — Yea
Nemes — Yea
Thomas — Yea
Buford — Yea
Hornback — Yea
Parrett — Yea
Turner — Yea
Humphries — Yea
Carroll D — Yea
Kerr — Yea
Robinson — Yea
Castlen — Yea
Schickel — Yea
Westerfield — Yea
McGarvey — Yea
Schroder — Yea
Meredith — Yea
Thayer — Yea
Harris — Yea
Clark — Not Voting
Embry — Not Voting
Harper Angel — Yea
Miller J — Not Voting
Gerald A. Neal Democrat Yea
Brandon Smith Republican Not Voting
Christian McDaniel Republican Yea
David P. Givens Republican Yea
Jared Carpenter Republican Yea
Jimmy Higdon Republican Yea
Julie Raque Adams Republican Yea
Max Wise Republican Yea
Mike Wilson Republican Yea
Phillip Wheeler Republican Yea
Rick Girdler Republican Yea
Robby Mills Republican Yea
Robert Stivers Republican Yea
Robin L. Webb Republican Yea
Stephen West Republican Yea

Official roll call →

Pass

Passed 92 Yea · 0 Nay · 6 Other
Party YeaNayPresentNot Voting
Republican 29000
Unaffiliated 56006
Democrat 7000
Total 92006
% of votes cast 94%0%0%6%
How each member voted (98)
Member Party Vote
Fischer — Yea
Jenkins — Yea
Sheldon — Yea
Bechler — Yea
Flood — Yea
Minter — Yea
Sims — Yea
Bentley — Yea
Frazier — Yea
Sorolis — Yea
Koenig — Yea
Nemes — Yea
Stewart — Yea
Booker — Yea
Lee — Yea
Palumbo — Yea
Stone — Yea
Glenn — Yea
Lewis D — Yea
Branham Clark — Yea
Goforth — Yea
Lewis S — Yea
Pratt — Yea
Prunty — Yea
Thomas — Yea
Brenda — Yea
Graham — Yea
Rand — Yea
Graviss — Yea
Massey — Yea
Turner — Yea
Brown G — Yea
Burch — Yea
McCoy — Yea
Rothenburger — Yea
Webber — Yea
Cantrell — Yea
Hatton — Yea
Rowland — Yea
Westrom — Yea
Donohue — Yea
Heath — Yea
Meredith — Yea
Wheatley — Yea
Meyer — Yea
Santoro — Yea
Wiederstein — Yea
DuPlessis — Yea
Hinkle — Yea
Schamore — Yea
Hoover — Yea
Scott — Yea
Yates — Yea
Huff T — Yea
Carney — Not Voting
Howard — Not Voting
Meeks — Not Voting
Raymond — Not Voting
Harris — Not Voting
Huff R — Not Voting
Miller C — Yea
Miller J — Yea
Al Gentry Democrat Yea
Ashley Tackett Laferty Democrat Yea
Lisa Willner Democrat Yea
Mary Lou Marzian Democrat Yea
Nima Kulkarni Democrat Yea
Pamela Stevenson Democrat Yea
Tina Bojanowski Democrat Yea
Aaron Reed Republican Yea
Adam Bowling Republican Yea
Bobby McCool Republican Yea
Chris Freeland Republican Yea
Chris Fugate Republican Yea
Daniel Elliott Republican Yea
David Hale Republican Yea
David Meade Republican Yea
David W. Osborne Republican Yea
Greg Elkins Republican Yea
James Tipton Republican Yea
Jason Petrie Republican Yea
Jim Gooch Jr. Republican Yea
John Blanton Republican Yea
Ken Upchurch Republican Yea
Kim Banta Republican Yea
Kim King Republican Yea
Kimberly Poore Moser Republican Yea
Mark Hart Republican Yea
Matthew Koch Republican Yea
Myron Dossett Republican Yea
Nancy Tate Republican Yea
Randy Bridges Republican Yea
Samara Heavrin Republican Yea
Savannah Maddox Republican Yea
Steve Bratcher Republican Yea
Steve Riley Republican Yea
Steven Rudy Republican Yea
Suzanne Miles Republican Yea

Official roll call →

Subjects

finance transportation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

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This bill has been enacted into law. Introduced February 04, 2020. Enacted.
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