KY SB153 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on March 21 2017 - 100% progression
Action: 2017-03-21 - signed by Governor (Acts, ch. 52)
Text: Latest bill text (Draft #2) [PDF]

Summary

Create a new section of KRS Chapter 164 establishing a comprehensive funding model for the allocation of state appropriations to public postsecondary institutions based on student success, course completion, and other components; establish the public university sector formula and the KCTCS sector formula in the model and require 100% of allocable resources to be distributed through the formulas; establish the funding parameters for each formula; direct the Council on Postsecondary Education to implement the funding model; include hold-harmless and stop-loss provisions in the formulas through 2021; require the Council on Postsecondary Education to establish a working group to review the model every three years; direct the Office of the State Budget Director to distribute the funds as determined by the model, including the performance funds appropriated in the 2016 budget bill; establish the Postsecondary Education Performance Fund for distribution of the funds allocated through the model; APPROPRIATION; EMERGENCY.

Tracking Information

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Title

AN ACT relating to postsecondary funding, making an appropriation therefor, and declaring an emergency.

Sponsors


History

DateChamberAction
2017-03-21Senatesigned by Governor (Acts, ch. 52)
2017-03-14Senatedelivered to Governor
2017-03-14Senateenrolled, signed by Speaker of the House
2017-03-14Senateenrolled, signed by President of the Senate
2017-03-14Senatereceived in Senate
2017-03-14House3rd reading, passed 65-29
2017-03-08Houseposted for passage in the Regular Orders of the Day for Tuesday, March 14, 2017
2017-03-08House2nd reading, to Rules
2017-03-07Housereported favorably, 1st reading, to Calendar
2017-03-03Houseposted in committee
2017-02-28Housereassigned to Appropriations & Revenue (H)
2017-02-27Houseto Education (H)
2017-02-22Housereceived in House
2017-02-22Senate3rd reading, passed 36-1
2017-02-21Senateposted for passage in the Regular Orders of the Day for Wednesday, February 22, 2017
2017-02-21Senatereported favorably, to Rules
2017-02-17Senatereturned to Appropriations & Revenue (S)
2017-02-17Senate2nd reading
2017-02-17Senatetaken from Appropriations & Revenue (S)
2017-02-16Senatereturned to Appropriations & Revenue (S)
2017-02-16Senate1st reading
2017-02-16Senatetaken from Appropriations & Revenue (S)
2017-02-13Senateto Appropriations & Revenue (S)
2017-02-10Senateintroduced in Senate

Kentucky State Sources


Bill Comments

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