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-UNOFFICIAL COPY  26 RS BR 2045
-Page 1 of 5
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-AN ACT relating to appropriations. 1
-Be it enacted by the General Assembly of the Commonwealth of Kentucky: 2
-Section 1.   KRS 45.760 is amended to read as follows: 3
-The provisions of any other law notwithstanding: 4
-(1) During any biennium the amount allotted, from all sources, for expenditure on any 5
-project in the state capital construction program for that biennium shall n ot exceed 6
-the estimated cost of the project during that biennium, as shown in any branch 7
-budget bill enacted by the General Assembly, except as provided in this section and 8
-KRS 45.770 and 45.780. 9
-(2) When the General Assembly disapproves a capital project or item of equipment that 10
-was previously approved, it shall be eliminated as a capital project or major item of 11
-equipment in the Capital Projects Program. General fund moneys appropriated for 12
-that project or item of equipment but not allotted, and general fund moneys allotted 13
-but not expended to the project or equipment account, shall be transferred to the 14
-capital construction and equipment purchase contingency account in the capital 15
-construction fund. Agency or federal funds for a disapproved project or it em, that 16
-have been appropriated but unallotted or allotted but unexpended, shall be returned 17
-to the appropriate agency fund. Road fund moneys for a disapproved project or item 18
-that have been appropriated but unallotted or allotted but unexpended, shall be 19
-returned to the Road Fund Surplus Account. 20
-(3) Capital projects and major items of equipment disapproved under subsection (2) of 21
-this section shall be terminated. 22
-(4) During any biennium, the amount allotted from all sources for expenditure for the 23
-purchase of any major item of equipment shall not exceed the estimated cost of the 24
-item as shown in any branch budget bill enacted by the General Assembly and 25
-authorizing the  purchase, except as provided in subsections (5) and (6) of this 26
-section and in KRS 45.770 and 45.780. 27
-UNOFFICIAL COPY  26 RS BR 2045
-Page 2 of 5
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-(5) A major item of equipment to be used for medical, scientific, or research purposes, 1
-excluding computer equipment and aircraft, may be authorized even though it is not 2
-specifically listed in any branch budget bill enacted for the current biennium, 3
-subject to the following conditions and procedures: 4
-(a) Moneys specifically budgeted and appropriated by the General Assembly for 5
-another purpose shall not be  reallotted for expenditure on the item; moneys 6
-utilized shall not jeopardize any existing program and shall not require the use 7
-of any current general funds specifically dedicated to existing programs; 8
-(b) Funds are available for the purchase and the method of financing the purchase 9
-will not require an additional appropriation of state funds to acquire the item; 10
-and 11
-(c) The purchasing agency shall, within thirty (30) days after making the 12
-purchase, report the purchase to the Capital Projects and Bond Overs ight 13
-Committee. The report shall include a description of the item, the purpose for 14
-which it will be used, the necessity for the purchase, and the amount expended 15
-for the purchase from each source of funds used. 16
-(6) Moneys from any source may be transferre d to the allotment account of any capital 17
-project authorized by the General Assembly under this section, subject to the 18
-following conditions and procedures: 19
-(a) The total amount transferred shall not exceed fifteen percent (15%) of the 20
-amount authorized by the General Assembly unless: 21
-1. The source of funds is private or federal; or 22
-2. An unforeseen decision by a federal or state court or regulatory agency 23
-requires the transfer. 24
-(b) Moneys specifically budgeted and appropriated by the General Assembly for 25
-another purpose shall not be allotted or reallotted for expenditure on the 26
-capital project. 27
-UNOFFICIAL COPY  26 RS BR 2045
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-(c) Moneys utilized shall not jeopardize any existing program and shall not 1
-require the use of any current general funds specifically dedicated to existing 2
-programs. 3
-(d) The relevant entity head, or his or her  designee, shall submit the capital 4
-project to the Capital Projects and Bond Oversight Committee at least 5
-fourteen (14) days prior to the committee meeting. The submission shall 6
-include a written certification to  the committee that the transfer, in excess of 7
-fifteen percent (15%) of the amount authorized by the General Assembly, is: 8
-1. Paid for out of private or federal funds; or 9
-2. Required by an unforeseen decision by a federal or state court or 10
-regulatory agency; and 11
-3. Not allotted or reallotted from moneys specifically budgeted and 12
-appropriated by the General Assembly for another purpose; and 13
-4. Not jeopardizing any existing program and not requiring the use of any 14
-current general funds specifically dedicated to existing programs. 15
-(e) If a capital project is financed with road funds, the cost overruns or scope 16
-increases shall be paid out of the highway contingency account established 17
-pursuant to KRS 45.247. 18
-(7) A capital construction project or a major item of equipment may be authorized even 19
-though it is not specifically listed in any branch budget bill, subject to the following 20
-conditions and procedures: 21
-(a) Fifty percent (50%) or more of the actual cost shall be funded by federal or 22
-private funds, and fifty percent (50%) or less of the actual cost shall be funded 23
-by moneys appropriated to the capital construction and equipment purchase 24
-contingency account or, if the purpose of the project or equipment is to reduce 25
-energy costs, the relevant entity head certifi es projected energy cost savings 26
-associated with the project or equipment are reasonable and sufficient to 27
-UNOFFICIAL COPY  26 RS BR 2045
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-produce an aggregate simple payback period, as defined by KRS 56.770, of 1
-five (5) years or less; 2
-(b) Moneys specifically budgeted and appropriated by  the General Assembly for 3
-another purpose shall not be allotted or reallotted for expenditure on the 4
-project or major item of equipment; moneys utilized shall not jeopardize any 5
-existing program and shall not require the use of any current general funds 6
-specifically dedicated to existing programs; and 7
-(c) The relevant entity head, or his or her designee, shall submit the project or 8
-major item of equipment to the committee for review as provided by KRS 9
-45.800. 10
-(8) The capital construction and equipment purch ase contingency fund may be used to 11
-advance funds to projects authorized to be financed by bonds, to finance feasibility 12
-studies for projects which may be contemplated for future funding, or to audit the 13
-capital projects program when authorized by the General Assembly. 14
-(9) On or before October 1, each branch of government shall submit to the committee 15
-the following information: 16
-(a) A complete list and summary description of every capital construction project 17
-and major item of equipment not completed as of J une 30 of the prior fiscal 18
-year; and 19
-(b) For each project and major item of equipment, as of July 1, of the current 20
-fiscal year: 21
-1. The project phase; 22
-2. The project account number, project name, and any other term employed 23
-to identify the project or major item of equipment; 24
-3. The available balance in the project or major item of equipment account, 25
-and any sums considered available for that project or major item of 26
-equipment; 27
-UNOFFICIAL COPY  26 RS BR 2045
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-4. A statement of the transfers of funds to or from the project or major item 1
-of equipment account; and,  any account to which transfers from each 2
-project or major item of equipment has been made; 3
-5. The year in which the project or major item of equipment was approved, 4
-with specific reference to the legislation by which the project or item 5
-was approved; 6
-6. Total expenditure on the project or major item of equipment; 7
-7. The current estimated completion cost, including the amount required 8
-for annual inflation; and 9
-8. A statement that additional funds for the completion of the project or 10
-major item of equipment are or are not required; and, if required, why 11
-sufficient funds for completion are not available; and 12
-(c) The balance in the appropriated, but unallotted account; and the balance in 13
-any account, however designated, that contains appropriated, but unallotte d 14
-funds for capital construction. 15
-(10) When the General Assembly authorizes a capital construction item in the capital 16
-construction section of a branch budget bill, the entity head charged with executing 17
-the branch budget shall construct the capital constr uction item according to the 18
-requirements set forth in the branch budget bill, supporting documentation 19
-considered by the General Assembly, and branch budget records. The entity head 20
-shall not deviate from these requirements with regard to: 21
-(a) Purpose or location to the extent that the capital construction item no longer 22
-meets the identified needs; or 23
-(b) Configuration for reasons other than practical accommodation to the 24
-construction site or specific program to be accommodated within that capital 25
-construction item. 26
+HOUSE OF REPRESENTATIVES
+
+KENTUCKY GENERAL ASSEMBLY AMENDMENT FORM
+
+2026 REGULAR SESSION
+
+Amend printed copy of HB 603
+TITLE AMENDMENT
+
+Amendment No. TITLE  Rep. Rep. Lindsey Burke
+
+Committee Amendment   Signed:
+
+Floor Amendment   LRC Drafter:
+
+Adopted:   Date:
+
+Rejected:   Doc. ID: XXXX
+
+Page 1 of 1
+  Amend the title to read "AN ACT relating to housing and making an appropriation
+therefor."