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KY HB500

KY HB500
AN ACT relating to appropriations measures providing funding and establishing conditions for the operations, maintenance, support, and functioning of the government of the Commonwealth of Kentucky and its various officers, cabinets, departments, boards, commissions, institutions, subdivisions, agencies, and other state-supported activities.


summary

Introduced
01/27/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The State/Executive Branch Budget: Details Part I, Operating Budget; details Part II, Capital Projects Budget; details Part III, General Provisions; details Part IV, State Salary/Compensation, Benefit, and Employment Policy; details Part V, Funds Transfer; details Part VI, General Fund Budget Reduction Plan; details Part VII, General Fund Surplus Expenditure Plan; details Part VIII, Road Fund Budget Reduction Plan; details Part IX, Road Fund Surplus Expenditure Plan; details Part X, Phase I Tobacco Settlement; and details Part XI, Executive Branch Budget Summary; APPROPRIATION.

AI Summary

This bill outlines the state budget for the Commonwealth of Kentucky for the fiscal years 2026-2028, detailing appropriations for various government operations, including the operating budget, capital projects, state employee compensation, and fund transfers. It specifies funding allocations for numerous state agencies and programs, such as education, health and family services, justice and public safety, and postsecondary education, with specific provisions for salary increases for state employees, tobacco settlement fund allocations for health and agricultural initiatives, and the use of various fund sources like General Fund, Restricted Funds, Federal Funds, and Bond Funds. The bill also includes provisions for budget reduction plans in case of revenue shortfalls and outlines procedures for managing surplus funds, debt service, and capital projects, while also addressing specific operational details and reporting requirements for many state entities.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

House Committee On Appropriations And Revenue (12:00:00 2/10/2026 Annex Room 154) (on 02/10/2026)

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