AN ACT relating to educational cooperatives.

Amend KRS 160.290 to provide that all statutes and administrative regulations that apply requirements or restrictions to school districts also apply to an interlocal cooperative board created by two or more school districts; provide that the Kentucky Board of Education has the management and control of interlocal cooperative boards; amend KRS 156.255 to define interlocal cooperative board; amend KRS 156.265 to extend school district audits to include interlocal boards; amend KRS 156.275 to comply; amend KRS 156.285 to authorize the accountant to access the financial records of interlocal cooperative boards; amend KRS 156.295 to state that it is a misdemeanor to prevent or obstruct an audit of an interlocal cooperative board.