| Bills |
Committee | Last action | Date |
| HB 665 - May - Budget bill; Governor to provide for additional appropriations to Transportation Trust Fund. |
(H) Committee on Appropriations
(S) Committee on Finance | (S) Continued to 2011 in Finance (14-Y 1-N) | 02/23/10 |
| notes:
Requires the Governor, in submitting his biennial budget bill, to provide for additional appropriations to the Transportation Trust Fund from general fund revenues in cases in which general fund revenues for a fiscal year are projected to grow by at least three percent. Any such additional appropriation to the Transportation Trust Fund recommended by the Governor would be required to be in an amount not less than one percent of the projected growth in general fund revenues for the fiscal year. |
| HB 1395 - Massie - Public-Private Acts of 1995 and 2002; certain grant agreements. |
(H) Committee on General Laws | (H) Left in General Laws | 03/14/10 |
notes:
Authorizes state agencies and state authorities, upon the approval of the Governor, to enter into agreements with private entities under the Public-Private Transportation Act of 1995 and the Public-Private Education Facilities and Infrastructure Act of 2002 for the development of a project by the private entity, which agreements provide for the private entity to be paid grants from a portion of the growth in state taxes attributable to the development of the project. Before any agreement is entered into with a private entity, the respective Secretary shall certify to the Governor and the chairmen of the House Committee on Appropriations and the Senate Committee on Finance that the present value of the state tax revenues anticipated to be collected that are attributable to the development of the project are at least 100 percent greater than the present value of the proposed grant payments to the private entity.
The bill also would allow local governments, agencies, and authorities, upon the approval of the governing body of the locality, to join in the agreement entered into between the private entity and the state agency or state authority. |
| SB 132 - Obenshain - Retail Sales and Use Tax; increases distribution to Transportation Trust Fund. |
(S) Committee on Finance | (S) Left in Finance | 02/16/10 |
| notes:
Increases the distribution to the Transportation Trust Fund from the sales and use tax revenue generated by a one-half percent sales and use tax to the sales and use tax revenue generated by a one percent sales and use tax upon the Comptroller determining in any fiscal year that (i) the growth in general fund revenues for the most recently completed fiscal year was at least three percent, and (ii) the actual dollar increase in general fund revenues for the most recently completed fiscal year was at least equal to the sales and use tax revenue generated by a one-half percent sales and use tax. |
| SB 181 - Stosch - Public-Private Acts of 1995 and 2002; certain grant agreements. |
(S) Committee on Finance | (S) Failed to report (defeated) in Finance (6-Y 8-N) | 02/11/10 |
notes:
Authorizes state agencies and state authorities, upon the approval of the Governor, to enter into agreements with private entities under the Public-Private Transportation Act of 1995 and the Public-Private Education Facilities and Infrastructure Act of 2002 for the development of a project by the private entity, which agreements provide for the private entity to be paid grants from a portion of the growth in state taxes and fees attributable to the development of the project.
The bill also would allow local governments, agencies, and authorities, upon the approval of the governing body of the locality, to join in the agreement entered into between the private entity and the state agency or state authority. |
