summary
Introduced
01/22/2026
01/22/2026
In Committee
02/26/2026
02/26/2026
Crossed Over
02/26/2026
02/26/2026
Passed
Dead
Introduced Session
Potential new amendment
2026 Regular Session
Bill Summary
Amend KRS 45A.045, relating to the disposal of state property, to require the Finance and Administration Cabinet to determine that there is no need of a state agency or ownership interest of local government before disposal of state-owned real property; require the state agency disposing of real property to provide maintenance and security of real property until completion of disposal; establish authority for the Finance and Administration Cabinet to utilize other methods to dispose of real property when there are no responsive bids received; establish a process for a local government to notify the state of its interest in using abandoned or underutilized state-owned real property; amend KRS 56.463 to require a state agency disposing of real property to provide maintenance and security of surplus real property until completion of disposal; amend various other sections to conform.
AI Summary
This bill modifies existing laws concerning the disposal of state-owned real property to ensure that such property is not sold if another state agency needs it or if a local government (city, county, urban-county, or consolidated local government) has an ownership interest. It also mandates that the state agency responsible for disposing of the property must continue to maintain and secure it until the disposal process is complete. Furthermore, if no bids are received for the property, the Finance and Administration Cabinet (the state's central procurement and contracting agency) is granted authority to use alternative disposal methods. The bill also establishes a process for local governments to express interest in using abandoned or underutilized state-owned real property, requiring the state to respond within 60 days regarding the property's status and future plans.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
to Committee on Committees (S) (on 02/26/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/26RS/hb467.html |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb467/bill.pdf |
| Vote History for HB467 | https://apps.legislature.ky.gov/record/26RS/hb467/vote_history.pdf |
| House Committee Substitute 1 | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/HB467/HCS1.pdf |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb467/orig_bill.pdf |
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