KY SB220 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 20 2024 - 25% progression
Action: 2024-03-14 - 2nd reading, to Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 20 2024 - 25% progression
Action: 2024-03-14 - 2nd reading, to Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 96.171 to define "governing body" and "customer"; amend KRS 96.172 to increase the combined electric and water plant board membership from five to seven; require that vacancies on the board be filled in a manner that will bring the board membership closest to being proportionately representative of customers of the board who live inside and outside of the city limits of the city served by the combined system or plant; provide for the nomination of board members and appointment by the mayor; apply anti-nepotism restrictions relating to board membership and operations to the county judge/executive; amend KRS 96.175 to remove the combined plant board's authority to perform any act not repugnant to law; amend KRS 96.179 to require instead of allow the combined plant board to pay, in lieu of ad valorem property taxes, an equivalent amount to each taxing jurisdiction within which its properties lie; amend KRS 96.182 to only allow for the combined plant board's excess revenues to be used to purchase outstanding bonds or to reduce rates; make the combined plant board's expenditures relating to the board's public projects subject to prior governing body approval; prohibit a combined plant board's use of revenues from its electric or water utility service to be used to subsidize unrelated activities undertaken by the board; amend KRS 96.184 to make the combined plant board's issuance of revenue bonds subject to approval of the governing body; amend KRS 96.185 to require that in conjunction with their required audits, in each even-numbered fiscal year, the combined plant board shall have independent appraisals prepared for the properties and associated services for all projects and operations undertaken by the combined electric and water plant board that are unrelated to the provision of water or electric utility services; amend KRS 96.187 to make the 60 day time period after which challenges to ordinances or resolutions relating to the combined plant board are barred begin after the ordinance or resolution is published in accordance with KRS Chapter 424; create a new section of KRS 96.171 to 96.188 to define terms; prohibit the combined plant board from using any funds derived from the provision of any of its services for political or institutional advertising; allow the combined electric and water plant board to use funds not related to the provision of water or electric service on promotional advertising for public projects; create a new section of KRS 278 to require the Public Service Commission to assist in the resolution of consumer complaints by customers of combined electric and water system boards and to review their rates at least once per year.
Title
AN ACT relating to combined municipal electric and water utilities.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-14 | Senate | 2nd reading, to Rules |
| 2024-03-13 | Senate | reported favorably, 1st reading, to Calendar with Committee Substitute (1) |
| 2024-02-22 | Senate | to Natural Resources & Energy (S) |
| 2024-02-20 | Senate | to Committee on Committees (S) |
| 2024-02-20 | Senate | introduced in Senate |
Subjects
Auditor of Public Accounts
Audits and Auditors
Boards and Commissions
Cities
Home Rule
Local Mandate
Notices
Public Buildings and Grounds
Public Utilities
Public Works
Taxation, Property
Water Supply
Audits and Auditors
Boards and Commissions
Cities
Home Rule
Local Mandate
Notices
Public Buildings and Grounds
Public Utilities
Public Works
Taxation, Property
Water Supply
