Kentucky 2024 Regular Session Status: Passed House 7 R cosponsors

HB 324 — AN ACT relating to reports submitted to the Interim Joint Committee on Appropriations and Revenue.

Last action — to Committee on Committees (S)

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

This bill died with 2024 Regular Session. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Amend various sections of the Kentucky Revised Statutes to modify reporting requirements for various state agencies to the Interim Joint Committee on Appropriations and Revenue; repeal KRS 342.231 and 176.5066, relating to reports.

Bill Text

What changed in the latest version

80 added · 80 removed

80 line(s) added, 80 removed.

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UNOFFICIAL COPY 24 RS BR 1316 AN ACT relating to reports submitted to the Interim Joint Committee on Appropriations and Revenue.
UNOFFICIAL COPY 24 RS HB 324/GA AN ACT relating to reports submitted to the Interim Joint Committee on Appropriations and Revenue.
Page 1 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 2.
Page 1 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA 2.
(a) Ensure that youth in state-operated or contracted residential treatment Page 2 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 programs have access to an ombudsman to whom they may report program problems or concerns;
(a) Ensure that youth in state-operated or contracted residential treatment Page 2 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA programs have access to an ombudsman to whom they may report program problems or concerns;
The membership of the advisory board Page 3 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 shall consist of no fewer than fifteen (15) persons and no more than thirty- three (33) persons who have training, experience, or special knowledge concerning the prevention and treatment of juvenile delinquency or the administration of juvenile justice.
The membership of the advisory board Page 3 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA shall consist of no fewer than fifteen (15) persons and no more than thirty- three (33) persons who have training, experience, or special knowledge concerning the prevention and treatment of juvenile delinquency or the administration of juvenile justice.
A person from the business community not associated with any other Page 4 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 group listed in this paragraph;
A person from the business community not associated with any other Page 4 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA group listed in this paragraph;
and Page 5 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (c) Access to residents' records.
and Page 5 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (c) Access to residents' records.
[(2) The secretary of the Personnel Cabinet shall, at the discretion of the co-chairs of the Interim Joint Committee on Appropriations and Revenue, either submit a written Page 6 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 report to or testify before the Interim Joint Committee on Appropriations and Revenue on the state employee health insurance program for the next plan year prior to the issuance of the requests for proposals.] Section 3.
[(2) The secretary of the Personnel Cabinet shall, at the discretion of the co-chairs of the Interim Joint Committee on Appropriations and Revenue, either submit a written Page 6 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA report to or testify before the Interim Joint Committee on Appropriations and Revenue on the state employee health insurance program for the next plan year prior to the issuance of the requests for proposals.] Section 3.
Page 7 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (3)[(5)] (a) In addition to the annual report required under subsection (1) of this section, the executive director of the Office of Homeland Security shall provide to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue an annual[a quarterly] report on the receipt and expenditure of homeland security funds since the previous [quarterly ]report.
Page 7 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (3)[(5)] (a) In addition to the annual report required under subsection (1) of this section, the executive director of the Office of Homeland Security shall provide to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue an annual[a quarterly] report on the receipt and expenditure of homeland security funds since the previous [quarterly ]report.
Page 8 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (d) How the program will be evaluated;
Page 8 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (d) How the program will be evaluated;
Page 9 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (6) The secretary of the Finance and Administration Cabinet shall be responsible for the orderly administration of this section and for issuing the appropriate guidelines and regulations from each source of fund used.
Page 9 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (6) The secretary of the Finance and Administration Cabinet shall be responsible for the orderly administration of this section and for issuing the appropriate guidelines and regulations from each source of fund used.
(c) "Agency" means an organizational unit or administrative body in the Page 10 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 executive branch of state government, as defined in KRS 12.010;
(c) "Agency" means an organizational unit or administrative body in the Page 10 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA executive branch of state government, as defined in KRS 12.010;
Page 11 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (6) (a) Each agency and the Court of Justice shall identify all liquidated debts, including debts due to improper payments, and shall submit a list of those liquidated debts in the form and manner prescribed by the department to the department for review.
Page 11 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (6) (a) Each agency and the Court of Justice shall identify all liquidated debts, including debts due to improper payments, and shall submit a list of those liquidated debts in the form and manner prescribed by the department to the department for review.
(d) The department shall identify in writing to the submitting agency, Court of Justice, or local government, the liquidated debts it has determined that it can pursue in a cost-effective manner, and the agency, Court of Justice, or local government shall officially refer the identified liquidated debts to the Page 12 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 department for collection.
(d) The department shall identify in writing to the submitting agency, Court of Justice, or local government, the liquidated debts it has determined that it can pursue in a cost-effective manner, and the agency, Court of Justice, or local government shall officially refer the identified liquidated debts to the Page 12 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA department for collection.
In the case of agencies and the Court of Justice, any funds recovered by the department after the deduction of the department's cost of collection expenses may, at the discretion of the secretary of the Finance and Administration Cabinet, be returned to the agency identifying the Page 13 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 liquidated debt or to the Court of Justice for allocation as otherwise provided by law.
In the case of agencies and the Court of Justice, any funds recovered by the department after the deduction of the department's cost of collection expenses may, at the discretion of the secretary of the Finance and Administration Cabinet, be returned to the agency identifying the Page 13 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA liquidated debt or to the Court of Justice for allocation as otherwise provided by law.
Page 14 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (9) By administrative regulation promulgated under KRS Chapter 13A, the department shall prescribe the electronic format and form of, and the information required in, a referral.
Page 14 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (9) By administrative regulation promulgated under KRS Chapter 13A, the department shall prescribe the electronic format and form of, and the information required in, a referral.
(c) Beginning on October 1, 2005, the Court of Justice shall report annually by October 1 of each year to the Interim Joint Committee on Appropriations and Revenue the amount of previous fiscal year unliquidated debt by county and Page 15 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 whether in the Circuit Court or District Court;
(c) Beginning on October 1, 2005, the Court of Justice shall report annually by October 1 of each year to the Interim Joint Committee on Appropriations and Revenue the amount of previous fiscal year unliquidated debt by county and Page 15 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA whether in the Circuit Court or District Court;
The costs shall be itemized as to amount and name of payee, and shall include fees or commissions paid to, or anticipated to be paid to, issuers, underwriters, placement agents and advisors, financial advisors, remarketing agents, credit enhancers, trustees, accountants, and the counsel of all these persons, bond counsel, and special tax counsel, and shall include the Page 16 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 economic benefits received or anticipated to be received by any other persons from any source in return for services performed relating to the issuance of the bonds or notes.
The costs shall be itemized as to amount and name of payee, and shall include fees or commissions paid to, or anticipated to be paid to, issuers, underwriters, placement agents and advisors, financial advisors, remarketing agents, credit enhancers, trustees, accountants, and the counsel of all these persons, bond counsel, and special tax counsel, and shall include the Page 16 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA economic benefits received or anticipated to be received by any other persons from any source in return for services performed relating to the issuance of the bonds or notes.
Changes in amounts or names of payees or recipients, or additions of amounts or names of payees or recipients, to the listing furnished and made available pursuant to this section shall be furnished to the Capital Projects and Bond Oversight Committee [and the Interim Joint Committee on Appropriations and Revenue ]and made available to the public within Page 17 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 three (3) days following the change.
Changes in amounts or names of payees or recipients, or additions of amounts or names of payees or recipients, to the listing furnished and made available pursuant to this section shall be furnished to the Capital Projects and Bond Oversight Committee [and the Interim Joint Committee on Appropriations and Revenue ]and made available to the public within Page 17 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA three (3) days following the change.
Page 18 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (4) Develop strategies to mitigate the impact of fluctuating receipts of revenues on the budget of the Commonwealth and of fluctuating interest rates on the Commonwealth's interest-sensitive assets and interest-sensitive liabilities;
Page 18 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (4) Develop strategies to mitigate the impact of fluctuating receipts of revenues on the budget of the Commonwealth and of fluctuating interest rates on the Commonwealth's interest-sensitive assets and interest-sensitive liabilities;
(10) Deposit net interest payments and premiums received by the commission under Page 19 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 financial agreements into a restricted account, which shall not lapse at the end of the fiscal year but shall continue to accumulate to act as security for these financial agreements.
(10) Deposit net interest payments and premiums received by the commission under Page 19 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA financial agreements into a restricted account, which shall not lapse at the end of the fiscal year but shall continue to accumulate to act as security for these financial agreements.
The report due by Page 20 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 March 31 shall include information about agreements and strategies entered into or undertaken from July through December of the fiscal year.
The report due by Page 20 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA March 31 shall include information about agreements and strategies entered into or undertaken from July through December of the fiscal year.
(7) Employ persons to carry out the authority's responsibilities with revenue from the water use fees, including an executive director who shall serve at the pleasure of the Page 21 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 authority;
(7) Employ persons to carry out the authority's responsibilities with revenue from the water use fees, including an executive director who shall serve at the pleasure of the Page 21 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA authority;
A drought response plan for the basin shall be developed by the authority and shall be coordinated with the Energy and Environment Cabinet to assure consistency with KRS Chapters 224 and 151, and this plan shall be implemented for the basin upon the direction of the Page 22 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 authority;
A drought response plan for the basin shall be developed by the authority and shall be coordinated with the Energy and Environment Cabinet to assure consistency with KRS Chapters 224 and 151, and this plan shall be implemented for the basin upon the direction of the Page 22 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA authority;
Page 23 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (18)[(19)] Credit to the authority any income derived from the interest earned on the investment of the water use fees collected, which shall be available for the authority's expenditure;
Page 23 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (18)[(19)] Credit to the authority any income derived from the interest earned on the investment of the water use fees collected, which shall be available for the authority's expenditure;
(3) The program shall include a four (4) year planning document setting out preconstruction activities that include planning and design and an environmental analysis of projects to maintain or increase water available within the Kentucky Page 24 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 River and geotechnical and stability evaluations of the Kentucky River locks and dams.
(3) The program shall include a four (4) year planning document setting out preconstruction activities that include planning and design and an environmental analysis of projects to maintain or increase water available within the Kentucky Page 24 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA River and geotechnical and stability evaluations of the Kentucky River locks and dams.
(2) The riverport financial assistance trust fund may receive appropriations, federal Page 25 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 funds, contributions, gifts, and donations.
(2) The riverport financial assistance trust fund may receive appropriations, federal Page 25 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA funds, contributions, gifts, and donations.
(7) The Transportation Cabinet shall submit on an annual basis a report detailing all grants awarded under this section to the Water Transportation Advisory Board and[,] the Interim Joint Committee on Transportation[, and the Interim Joint Page 26 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 Committee on Appropriations and Revenue].
(7) The Transportation Cabinet shall submit on an annual basis a report detailing all grants awarded under this section to the Water Transportation Advisory Board and[,] the Interim Joint Committee on Transportation[, and the Interim Joint Page 26 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA Committee on Appropriations and Revenue].
The corporation may provide for the authentication of the bonds or notes Page 27 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 by a trustee or fiscal agent.
The corporation may provide for the authentication of the bonds or notes Page 27 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA by a trustee or fiscal agent.
of this paragraph if the market value of the security is maintained at one Page 28 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 hundred three percent (103%) of the principal amount of the repurchase agreement and the security is held by an independent third-party custodian financial institution;
of this paragraph if the market value of the security is maintained at one Page 28 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA hundred three percent (103%) of the principal amount of the repurchase agreement and the security is held by an independent third-party custodian financial institution;
(1) A Colon Cancer Screening and Prevention Advisory Committee shall be Page 29 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 established.
(1) A Colon Cancer Screening and Prevention Advisory Committee shall be Page 29 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA established.
(b) Members serving under subsection (1)(h) to (m) of this section shall serve by Page 30 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 virtue of their positions and shall not be subject to term limits.
(b) Members serving under subsection (1)(h) to (m) of this section shall serve by Page 30 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA virtue of their positions and shall not be subject to term limits.
The Cabinet for Health and Family Services Page 31 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 shall contract with the University of Louisville and the University of Kentucky to provide the required support.
The Cabinet for Health and Family Services Page 31 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA shall contract with the University of Louisville and the University of Kentucky to provide the required support.
(4) No liability of any kind or character for damages or other relief shall arise or be Page 32 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 enforced against any licensed health facility by reason of having provided the information or material to the Kentucky Cancer Registry pursuant to the requirements of this section.
(4) No liability of any kind or character for damages or other relief shall arise or be Page 32 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA enforced against any licensed health facility by reason of having provided the information or material to the Kentucky Cancer Registry pursuant to the requirements of this section.
The Kentucky Cancer Registry may conduct analyses and studies as are indicated to advance cancer control in the Commonwealth, either directly or by Page 33 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 confidentially sharing data with third parties.
The Kentucky Cancer Registry may conduct analyses and studies as are indicated to advance cancer control in the Commonwealth, either directly or by Page 33 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA confidentially sharing data with third parties.
(2) (a) The cabinet shall make information available on its website at least annually describing quality and outcome measures in understandable language with sufficient explanations to allow consumers to draw meaningful comparisons between every hospital and ambulatory facility in the Commonwealth and Page 34 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 other provider groups as relevant data becomes available.
(2) (a) The cabinet shall make information available on its website at least annually describing quality and outcome measures in understandable language with sufficient explanations to allow consumers to draw meaningful comparisons between every hospital and ambulatory facility in the Commonwealth and Page 34 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA other provider groups as relevant data becomes available.
(4) The cabinet shall report at least biennially, no later than October 1 of each odd- numbered year, on the special health needs of the minority population in the Page 35 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 Commonwealth as compared to the population in the Commonwealth as compared to the population at large.
(4) The cabinet shall report at least biennially, no later than October 1 of each odd- numbered year, on the special health needs of the minority population in the Page 35 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA Commonwealth as compared to the population in the Commonwealth as compared to the population at large.
(b) Act as a fiduciary, as defined in KRS Chapter 386, in exercising its power Page 36 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 over the funds collected pursuant to KRS 342.122, and may invest association funds through one (1) or more banks, trust companies, or other financial institutions with offices in Kentucky in good standing with the Department of Financial Institutions, in investments described in KRS Chapter 386, except that the funding commission may, at its discretion, invest in equity securities;
(b) Act as a fiduciary, as defined in KRS Chapter 386, in exercising its power Page 36 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA over the funds collected pursuant to KRS 342.122, and may invest association funds through one (1) or more banks, trust companies, or other financial institutions with offices in Kentucky in good standing with the Department of Financial Institutions, in investments described in KRS Chapter 386, except that the funding commission may, at its discretion, invest in equity securities;
Page 37 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 (3) The commission shall have all of the powers necessary or convenient to carry out and effectuate the purposes for which it was established, including, but not limited to, the power:
Page 37 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA (3) The commission shall have all of the powers necessary or convenient to carry out and effectuate the purposes for which it was established, including, but not limited to, the power:
The Office of Financial Management shall participate in the selection of any firms for investment services provided, however, the Kentucky Workers' Compensation Funding Commission shall have the right to make the final decision on the selection of any Page 38 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 firms.
The Office of Financial Management shall participate in the selection of any firms for investment services provided, however, the Kentucky Workers' Compensation Funding Commission shall have the right to make the final decision on the selection of any Page 38 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA firms.
The authority Page 39 of 40 BR131600.100 - 1316 - XXXX 2/29/2024 3:07 PM Jacketed UNOFFICIAL COPY 24 RS BR 1316 shall provide for an audit of its books and accounts to be made within ninety (90) days after the close of each fiscal year by certified public accountants and the cost thereof may be treated as a part of the cost of construction of the project.
The authority Page 39 of 40 HB032410.100 - 1316 - XXXX 2/29/2024 3:10 PM GA UNOFFICIAL COPY 24 RS HB 324/GA shall provide for an audit of its books and accounts to be made within ninety (90) days after the close of each fiscal year by certified public accountants and the cost thereof may be treated as a part of the cost of construction of the project.
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Action History

  1. to Committee on Committees (S)

  2. received in Senate

  3. 3rd reading, passed 98-0

  4. posted for passage in the Regular Orders of the Day for Thursday, February 29, 2024

  5. 2nd reading, to Rules

  6. reported favorably, 1st reading, to Calendar

  7. to Appropriations & Revenue (H)

  8. to Committee on Committees (H)

  9. introduced in House

Sponsors

Sponsorship breakdown

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7 sponsors · 0 co-sponsors · 131 not signed on

Sponsors (7)

Co-sponsors (0)

None.

Not signed on (131)

131 members have not signed on to this bill.

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"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

Passed 98 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 15000
Republican 72000
Unaffiliated 11000
Total 98000
% of votes cast 100%0%0%0%
How each member voted (98)
Member Party Vote
Heath — Yea
Dixon — Yea
Bentley — Yea
Palumbo — Yea
Justice — Yea
Timoney — Yea
Pratt — Yea
Raymond — Yea
Graham — Yea
Bratcher K. — Yea
Stevenson C — Yea
Adrielle Camuel Democrat Yea
Al Gentry Democrat Yea
Ashley Tackett Laferty Democrat Yea
Beverly Chester-Burton Democrat Yea
Chad Aull Democrat Yea
Daniel Grossberg Democrat Yea
George Brown Jr. Democrat Yea
Keturah J. Herron Democrat Yea
Lindsey Burke Democrat Yea
Lisa Willner Democrat Yea
Nima Kulkarni Democrat Yea
Pamela Stevenson Democrat Yea
Rachel Roarx Democrat Yea
Sarah Stalker Democrat Yea
Tina Bojanowski Democrat Yea
Adam Bowling Republican Yea
Amy Neighbors Republican Yea
Bill Wesley Republican Yea
Bobby McCool Republican Yea
Candy Massaroni Republican Yea
Chris Freeland Republican Yea
Chris Fugate Republican Yea
DJ Johnson Republican Yea
Daniel Elliott Republican Yea
Daniel Fister Republican Yea
David Hale Republican Yea
David Meade Republican Yea
David W. Osborne Republican Yea
Deanna Gordon Republican Yea
Derek Lewis Republican Yea
Emily Callaway Republican Yea
Felicia Rabourn Republican Yea
James Tipton Republican Yea
Jared Bauman Republican Yea
Jason Nemes Republican Yea
Jason Petrie Republican Yea
Jennifer Decker Republican Yea
Jim Gooch Jr. Republican Yea
John Blanton Republican Yea
John Hodgson Republican Yea
Josh Branscum Republican Yea
Josh Bray Republican Yea
Josh Calloway Republican Yea
Ken Fleming Republican Yea
Ken Upchurch Republican Yea
Kevin Jackson Republican Yea
Kim Banta Republican Yea
Kim King Republican Yea
Kimberly Poore Moser Republican Yea
Marianne Proctor Republican Yea
Mark Hart Republican Yea
Mary Beth Imes Republican Yea
Matt Lockett Republican Yea
Matthew Koch Republican Yea
Michael Meredith Republican Yea
Michael Sarge Pollock Republican Yea
Mike Clines Republican Yea
Myron Dossett Republican Yea
Nancy Tate Republican Yea
Nick Wilson Republican Yea
Patrick Flannery Republican Yea
Randy Bridges Republican Yea
Rebecca Raymer Republican Yea
Richard White Republican Yea
Robert Duvall Republican Yea
Ryan Dotson Republican Yea
Samara Heavrin Republican Yea
Savannah Maddox Republican Yea
Scott Lewis Republican Yea
Scott Sharp Republican Yea
Shane Baker Republican Yea
Shawn McPherson Republican Yea
Stephanie Dietz Republican Yea
Steve Bratcher Republican Yea
Steve Rawlings Republican Yea
Steve Riley Republican Yea
Steven Doan Republican Yea
Steven Rudy Republican Yea
Susan Witten Republican Yea
Suzanne Miles Republican Yea
T.J. Roberts Republican Yea
Thomas Huff Republican Yea
Timmy Truett Republican Yea
Tom Smith Republican Yea
Wade Williams Republican Yea
Walker Thomas Republican Yea
William Lawrence Republican Yea

Official roll call →

Subjects

finance
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Frequently asked questions

What does HB 324 do?
Amend various sections of the Kentucky Revised Statutes to modify reporting requirements for various state agencies to the Interim Joint Committee on Appropriations and Revenue; repeal KRS 342.231 and 176.5066, relating to reports.
Who sponsors HB 324?
HB 324 is sponsored by Deanna Gordon (Republican), Jason Petrie (Republican), Adam Bowling (Republican), Josh Bray (Republican), Mark Hart (Republican), Kim King (Republican), and Shawn McPherson (Republican).
What is the current status of HB 324?
This bill died with 2024 Regular Session. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 324?
Track HB 324 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 2 months ago · updated continuously

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