AN ACT relating to public finance. Amend KRS 58.190 to apply the statute of limitations for challenging an action by a governmental agency adopting a lease to be the same 30-day period for challenging any ordinance or resolution; amend KRS 65.942 to conform; amend KRS 58.040 to allow notices of competitive bond sales to be posted in an electronic bidding system as an alternative advertising method; amend KRS 103.200 to include within the definition of industrial building any use by an entity recognized by the Internal Revenue Service as an organization described in 26 U.S.C. sec. 501(c)(3) in any manner related to or in the furtherance of that entity's exempt purposes; amend KRS 103.2101 to conform notice date and extend the maximum length of any bond authorization to 40 years; amend KRS 424.130 to clarify that failure to properly publish a notice of adoption of an ordinance or resolution will not void the adoption unless the failure continues for a period of 15 days; amend KRS 66.310 to conform the notice date for a hearing; amend KRS 66.400 to clarify that a general obligation pledge is a pledge of taxes, to limit garnishment of public funds, and allow for periodic payment of judgments in the case of bankruptcy;
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2018
Committee Review
Floor Vote
Governor
Introduced Feb 21, 2018
Last action Feb 22, 2018
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 22, 2018
Senate · Referred to committee
To State & Local Government (S)
Feb 21, 2018
Senate · Introduced
Introduced in Senate
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Wil Schroder
RRepublican
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