KY HB565 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on March 17 2020 - 50% progression, died in committee
Action: 2020-03-18 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Amend KRS 41.010 to add definitions for "administrative body," "agency," "assistant," "check," "collateral," "secretary," "state depository," and "warrant"; amend definition for "bank"; amend KRS 41.060 to require the Assistant Treasurer to take an oath; provide for the Assistant Treasurer to discharge the duties of the Treasurer under certain conditions; provide for the Treasurer to set the salary of the assistant subject to KRS Chapter 18A; amend KRS 41.130 to require the Finance and Administration Cabinet to record all warrants in the unified and integrated system of accounts; require the Treasurer to maintain electronic records in the unified and integrated system of accounts using specific information and readily reconcilable with the warrants issued by the Finance and Administration Cabinet; amend KRS 41.280 to require the Commonwealth of Kentucky to establish and maintain a unified and integrated system of accounts to permit the Treasurer and the Finance and Administration Cabinet to determine the financial condition of the Commonwealth; require the Treasurer to make a report of all money received and disbursed annually; amend KRS 41.320 to certify in writing the accounts and inventory of the Treasury as of the last day in his or her office; repeal KRS 41.050, 41.140, 41.150, 41.170, and 41.340; amend various sections to conform.

Tracking Information

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Title

AN ACT relating to the Treasury.

Sponsors


Roll Calls

2020-03-12 - House - House: Third Reading RCS# 225 (Y: 86 N: 8 NV: 0 Abs: 6) [PASS]

History

DateChamberAction
2020-03-18Senateto State & Local Government (S)
2020-03-17Senatereceived in Senate
2020-03-12House3rd reading, passed 86-8
2020-03-10Houseposted for passage in the Regular Orders of the Day for Wednesday, March 11, 2020
2020-03-06House2nd reading, to Rules
2020-03-05Housereported favorably, 1st reading, to Calendar
2020-03-03Houseposted in committee
2020-03-03Houseto State Government (H)
2020-03-02Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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