AN ACT relating to appropriations.

Summary

The bill amends Kentucky’s capital construction funding rules so that project spending cannot exceed the budgeted estimate and requires unused money from cancelled projects to be moved to a contingency account. It also creates procedures for buying major equipment that isn’t listed in the budget and for transferring funds between projects, with reporting to a oversight committee. The changes aim to improve fiscal control and transparency of state construction projects.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share