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signed · Kentucky · Senate Mar 23, 2023

SB 192: AN ACT relating to investor-owned electric utilities.

Create new sections of KRS Chapter 278 to define terms; give permissive authorization to an investor-owned electric utility to apply to the Public Service Commission to finance though securitization both extraordinary costs and costs associated with the retirement of electric generation of more than $200 million dollars for a single regulatory asset or more than $275 million for multiple regulatory assets; prescribe the contents of an application for a financing order; prescribe the way proceedings of the commission will handle applications for financing orders; require a decision of the commission on securitization to be predicated on fair, just, and reasonable and the public interest of the utility customers; allow for securitization of deferred costs, judicial review, obtaining advisors and other consultants; require the commission to make a decision in 180 days; establish an issuance advice letter process; prescribe the contents of a financing order; establish the method for the utility to put a securitization surcharge on customer bills and make the charge irrevocable; establish a formula-based true-up mechanism for reconciling over collection or under collection of the surcharge; establish a method of tracing funds; allow the commission to issue a disapproval letter to stop the issuance of securitized bonds; make the financing order effective regardless of reorganization, bankruptcy, or other insolvency proceedings of an electric utility; allow for refunding bonds through a subsequent financing order; allow for the transfer of securitized property and interests in the property to others and maintain the property right and interest until the securitized bonds are paid in full; allow for sequestration of payment by a court and create a priority of liens, perfection, and enforcement; require the lien to be recorded in the Office of the Secretary of State and allow for a right to sue; state that securitized bonds are not a debt of the Commonwealth or any other agency of the state and there is no requirement to levy taxes or make appropriations to pay off securitized bonds; require that the bonds are not a debt of the electric utility; create a list of prohibited actions by state agencies; identify agents that are not allowed to invest in the bonds; clarify that an assignee of financing party is not an electric utility; allow severability if any provision is invalidated.
Phillip Wheeler (R)
signed · Kentucky · House Mar 23, 2023

HB 180: AN ACT relating to coverage for biomarker testing.

Create a new section of Subtitle 17A of KRS Chapter 304 to establish biomarker testing coverage requirements for health benefit plans; amend KRS 205.522 to require Medicaid to comply with the biomarker testing coverage requirements; direct that provisions apply to health benefit plans issued or renewed on or after January 1, 2024; EFFECTIVE January 1, 2024.
Cherlynn Stevenson (D) Chad Aull (D) Stephanie Dietz (R) Patrick Flannery (R) Kim Moser (R)
signed · Kentucky · Senate Mar 23, 2023

SJR 58: A JOINT RESOLUTION designating the Brigadier General Charles Young Memorial Historical Corridor.

Direct the Transportation Cabinet to designate the Brigadier General Charles Young Memorial Historical Corridor; direct the Transportation and Tourism, Arts and Heritage Cabinets to work cooperatively to promote the historical, military, and cultural significance of the corridor, and work with their counterparts in Ohio to promote the corridor as a regional attraction.
Gerald Neal (D) Steve West (R)
signed · Kentucky · House Mar 23, 2023

HB 538: AN ACT relating to discipline of students.

Amend KRS 158.150 to require a local board of education to expel a student for at least 12 months if the student makes threats that pose a danger to other students or staff; require a local board of education to adopt a policy requiring disciplinary actions for a student who assaults other students or staff off campus property; allow a local school board to place a student in an alternative education setting in lieu of expulsion, or at the end of an expulsion; allow a teacher to remove a disruptive student from the classroom; provide that a student who is removed from a classroom three times in 30 days shall be considered chronically disruptive and may be suspended; provide that a principal may permanently remove a disruptive student from a classroom and determine the placement of the student, subject to an appeal process; require a local board of education to conduct an expulsion review process to determine whether a student's expulsion shall continue or end.
Kevin Bratcher (R) Scott Lewis (R) Kevin Jackson (R) Jennifer Decker (R) Shane Baker (R)
signed · Kentucky · House Mar 23, 2023

HB 172: AN ACT relating to barbering.

Amend KRS 317.450 to authorize the board to issue a license to operate a school of barbering to any person, firm, or corporation that has provided sufficient evidence that a sufficient number of licensed teachers will be employed, with at least one teacher with a minimum of 12 months experience teaching in a barber school that includes administrative experience.
Mike Clines (R) D.J. Johnson (R)
signed · Kentucky · House Mar 23, 2023

HB 506: AN ACT relating to post-retirement options for state and local employees.

Amend KRS 61.635 to establish a partial lump sum option (PLSO), with and without survivor rights, as a payment option for retiring members of the Kentucky Employees Retirement System (KERS), County Employees Retirement System (CERS), or State Police Retirement System (SPRS); provide that the PLSO shall include a lump-sum payment of 12, 24, 36, 48, or 60 months of payments and a lifetime benefit that is actuarially reduced to reflect the lump-sum payment; require the systems to develop information to assist the member in evaluating the PLSO as a potential payment option; amend KRS 61.637 and 78.5540 to change the required break in employment before a KERS, CERS, or SPRS retiree may return to work with a participating employer from 1 or 3 months, depending upon the position, to 1 month; make technical changes; EFFECTIVE January 1, 2024.
Walker Thomas (R) D.J. Johnson (R)
signed · Kentucky · Senate Mar 23, 2023

SB 30: AN ACT relating to the termination of automatic renewal offers and continuous service offers.

Create new sections of KRS Chapter 365 to define "automatic renewal," "automatic renewal offer terms," "clear and conspicuous," "consumer," and "continuous service,"; require businesses to present automatic renewal or continuous service offer terms clearly and conspicuously to consumers before purchase; require businesses to obtain the consumer's consent before charging the consumer; require businesses to provide an acknowledgment that includes the terms, the cancellation policy, and information regarding how to cancel in a manner that can be retained by the consumer; require businesses to provide consumers with an easy-to-use mechanism for cancellation; require businesses to provide users who purchase in one medium the opportunity to terminate in the same medium, including online termination; require businesses to provide a notice regarding material term changes prior to implementation; exempt certain businesses and services; allow the Attorney General to bring an action for injunctive and monetary relief; and exempt contracts entered into prior to the effective date; EFFECTIVE January 1, 2024.
Rick Girdler (R) David Yates (D)
signed · Kentucky · House Mar 23, 2023

HB 303: AN ACT relating to economic development.

Amend KRS 11.200 and 12.020 to rename the Office of Entrepreneurship and Small Business Innovation to the Office of Entrepreneurship and Innovation within the Cabinet for Economic Development; amend KRS 12.020 to rename the Department for Business Development to the Department for Business and Community Development, the Incentive Administration Division to the Program Administration Division, the Office of Marketing and Public Affairs to the Office of Strategy and Public Affairs, the Communications Division to the Marketing and Communications Division, the Graphic Design Division to the Research and Strategy Division, and eliminate the Office of Workforce, Community Development and Research; amend KRS 12.020 to create the Development and Retention Division - West Kentucky, the Development, Retention, and Administrative Division - Central and East Kentucky, and Community and Workforce Development Division within the Department for Business and Community Development; amend KRS 154.12-2035, 154.20-230, 154.12-277, 154.12-278, 154.12-310, 154.60-010, 154.60-020, 164.6017, 164.6021 and 164.6023 to reflect the new name of the Office of Entrepreneurship and Innovation; amend KRS 154.12-204 to include companies engaged in hydrogen transmission as qualified companies in the Bluegrass State Skills Corporation Grant-in-Aid and Skills Training Investment Credit programs; amend KRS 154.12-207 to increase the application limit from $200,000 to $500,000; amend KRS 154.12-223 to reorganize the Department for Business and Community Development; amend KRS 154.12-224 to reorganize the Department for Financial Services within the Cabinet for Economic Development; amend KRS 154.12-275 to reorganize the Office of Strategy and Public Affairs within the Cabinet for Economic Development; amend KRS 154.20-190 to change reporting deadline to November 1; amend KRS 154.20-583, 154.20-586, and 154.20-589 to modify the Western Kentucky Risk Assistance Fund to specify that eligible companies may apply for other programs administered by the Cabinet for Economic Development, to change the cap on the amount of loan loss payments to $100,000,000 that is proportionally reduced as the loss payments are disbursed, and to provide for a 1% administrative fee; amend KRS 154.25-040 to address recent changes in the income tax statutes; amend KRS 154.31-010 to include companies engaged in hydrogen transmission as eligible companies in the Kentucky Enterprise Initiative Act and to add a definition for "tourism attraction"; amend KRS 154.32-010 and 154.32-020 to include companies engaged in hydrogen transmission as eligible companies in the Kentucky Business Initiative program; amend KRS 154.32-050 to allow disaster relief areas declared by state or federal agencies on or after December 1, 2022, to be included in the enhanced county classification; amend KRS 154.32-090 to change the wage assessment calculation under the Kentucky Business Initiative program to address recent changes in the income tax statutes; amend KRS 154.34-010 to include companies engaged in hydrogen transmission as eligible companies in the Kentucky Reinvestment Act; amend KRS 154.61-010 to include the definitions of "cabinet" and "loan-out entity" and to expand the definition of "employee"; amend KRS 154.61-020 and 154.61-030 to revise the duties and responsibilities of the Cabinet for Economic Development and the approved companies under the Kentucky Entertainment Initiative program; amend KRS 141.310, 141.350, and 141.383 to conform; repeal KRS 141.401, 154.12-276, 154.23-005, 154.23-010, 154.23-015, 154.23-020, 154.23-025, 154.23-030, 154.23-035, 154.23-040, 154.23-045, 154.23-050, 154.23-055, 154.23-060, 154.23-065, 154.23-070, 154.23-075, 154.23-079, 154.23-080, 154.47-040, 154.47-065, 154.80-140, and 154.80-310; amend KRS 141.0205, 154.20-170, 154.47-005 and 174.205 to conform.
Josh Branscum (R)
signed · Kentucky · House Mar 23, 2023

HB 302: AN ACT relating to elections.

Amend KRS 15.243 to require the Attorney General to select six counties at random and six counties with the highest rate of irregularities for his or her independent inquiry; require the Attorney General to promulgate administrative regulations to establish a uniform procedure for independent inquiries; amend KRS 117.066 to require that petitions for the consolidation of precincts include parking accommodations for the proposed voting location; amend KRS 117.235 to prohibit electioneering during any of the days that in-person absentee voting is conducted or during training for election officers; amend KRS 117.265 to prohibit any candidate who was defeated in a primary from running for the same office during the regular election; amend KRS 117.995 to prescribe criminal penalties for people who have previously been convicted of a felony who then attempt to register to vote; amend KRS 118.105 to remove withdrawal, disqualification, or severe disabling condition as reasons to fill a vacancy in nomination of candidacy; amend KRS 118.125 to conform; EMERGENCY.
Jennifer Decker (R) Rachel Roberts (D) David Osborne (R) Dan Fister (R) James Tipton (R)
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