Adjourn in honor and loving memory of Dr. Harry Ewing Altman.
Sponsored bills
Amend KRS 177.074 to require the Transportation Cabinet Secretary, upon passage of a joint resolution of the General Assembly, to direct the placement of signs denoting inclusion of an artist as an honoree on the Country Music Highway on United States Route 23; amend KRS 186.240 to identify the mottos and slogans that may appear on a standard issue motor vehicle license plate; amend KRS 186.240 (Effective January 1, 2024) to conform.
Adjourn in honor and loving memory of Dallas Layne.
Adjourn in honor and loving memory of Dr. Harvey Allsbrook Page.
Adjourn in honor and loving memory of D. Mack Justice.
Create new sections of KRS Chapter 278 to define terms; prohibit the Public Service Commission from approving a request by a utility to retire a coal-fired electric generator unless the utility demonstrates that the retirement will not have a negative impact on the reliability or the resilience of the electric grid or the affordability of the customer's electric utility rate; require the Public Service Commission to submit an annual report on retirements of electric generating units by December 1 to the Legislative Research Commission; EMERGENCY.
Adjourn in honor and loving memory of Carol Ann Tomlinson.
Adjourn in honor and loving memory of Mrs. Patsy Ruth Hall.
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.
Amend KRS 16.050 to extend contracts subject to reimbursement for training costs to five years for state police officers; amend KRS 70.290 to extend contracts subject to reimbursement for training costs to five years for law enforcement officers employed by cities and counties; amend KRS 183.881 to allow public airport boards to condition employment of a safety and security officer to contract to repay the airport board for training costs if the officer accepts a similar position within five years, and require the firing entity to repay costs under certain circumstances.