KY HB 723

Title: AN ACT relating to economic relief for local communities of the Commonwealth and declaring an emergency.
Author: Kim King

Summary
Amend KRS 147A.150 to delete references to priority communities and insert references to eligible communities; amend KRS 147A.152 to redefine "eligible grant recipient," "eligible project," and "eligible use,"; delete "priority community"; define "eligible community"; amend KRS 147A.154 to include an approval or denial response by the Department for Local Government to Government Resources Accelerating Needed Transformation Program fund applicants and change monthly and annual reports by the Department for Local Government to the Governor, and to the Legislative Research Commission for referral to the Senate Standing Committee on Appropriations and Revenue, the House Standing Committee on Appropriations and Revenue, and the Interim Joint Committee on Appropriations and Revenue; require local public universities to assist eligible communities with federal grant applications upon request of local area development districts; amend KRS 147A.156 to include a preliminary evaluation and final decision of applications by the Department for Local Government; amend KRS 147A.158 to provide up to 10 percent of the Government Resources Accelerating Needed Transformation Program fund to nonprofit organizations and up to 90 percent of the fund to cities or counties; eliminate the use of funds by the Department for Local Government for administration of the program and the required report by the Department for Local Government of detailing expenditures for administration of the program from the fund; amend KRS147A.162 to require the Department for Local Government to identify and certify areas for funding to eligible communities; amend evaluation and scoring criteria of the Department for Local Government for the Government Resources Accelerating Needed Transformation applications; amend KRS 147A.164 to require a monthly report to the Governor, the Senate Standing Committee on Appropriations and Revenue, the House Standing Committee on Appropriations and Revenue, and the Interim Joint Committee on Appropriations and Revenue; repeal KRS 147A.160, relating to designation of priority communities; EMERGENCY.

Status
Vetoed

Bill Documents
KY HB 723 - Introduced
2024-02-26 - KY HB 723 (Introduced)