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Pending Legislation

Kentucky

HB 554: Insurance Coverage of State Property

Introduced: 2/14/2024 by Michael Lee Meredith (R-019)

Summary:
Permits governing boards of public supported post-secondary educational institutions to elect to terminate the institution’s coverage through the state fire and tornado insurance fund and obtain the coverage from an authorized insurer or through a self-insurance pool; establishes requirements for terminating and resuming coverage through the state fire and tornado insurance fund; establishes requirements for insurance obtained by an institution from an authorized insurer or a self-insurance pool.

Last Action: Mar 8, 2024: To SENATE Committee on BANKING AND INSURANCE.

Status: Pending

DBIA Position: Monitor

HB 647: Public-Private Partnerships for Capital Projects

Introduced: 2/22/2024 by Richard Heath (R-002)

Summary: Relates to public-private partnerships for capital projects with an aggregate value of specified amount or more, to adjust the date to specified date for authorization by the General Assembly.

Last Action: Feb 22, 2024: To HOUSE Committee on COMMITTEES.

Status: Pending

DBIA Position: Monitor

HB 777: Government Contracts

Introduced: 2/26/2024 by Shawn McPherson (R-022)

Summary: Expands the definition of contract; requires promulgation of administrative regulations to establishes policies regarding timely payments under contracts; establishes timely payment penalty and procedures.

Last Action: Mar 13, 2024: To SENATE Committee on COMMITTEES.

Status: Pending

DBIA Position: Monitor