Download pdf
Loading PDF...



<br><br>45.800 Prerequisites to transfer of money from contingency account or other <br>sources. <br>(1) Except as otherwise provided in KRS 45.770(2)(b), prior to transferring funds from <br>any source to the allotment account of a capital construction project or major item <br>of equipment, the relevant entity head, or his designee, shall present to the Capital <br>Projects and Bond Oversight Committee, at least fourteen (14) days prior to the <br>committee meeting, for its review, specification of the amount of the proposed <br>transfer, documentation of the necessity for the transfer, and, with respect to capital <br>construction projects, documentation of: <br>(a) The amount already expended on the project prior to and during the current <br>biennium; and <br>(b) Any alterations made or planned in the project since its consideration by the <br>General Assembly during the most recent even-numbered-year regular <br>session. <br>(2) Within thirty (30) days after submission to the committee of a proposed capital <br>construction and equipment purchase contingency account transfer, the committee <br>shall determine whether the amount of the proposed transfer is reasonable and <br>consistent with KRS 45.770, whether the proposed transfer is necessary, and <br>whether any alterations made or planned in a project materially change the project <br>as considered and authorized by the General Assembly. If the committee does not <br>approve a proposed transfer or other proposed action, the committee, unless the <br>Legislative Research Commission directs otherwise, shall promptly transmit its <br>findings and determination to the head of the entity that presented the proposal. <br>(3) If the committee does not approve a proposed transfer or other proposed action, the <br>transfer shall not be made nor the action taken unless the relevant entity head, or his <br>designee, shall: <br>(a) Revise the transfer or action to comply with the objections of the committee; <br>(b) Cancel the transfer or action; or <br>(c) Determine to make the transfer or take the action not approved by the <br>committee. <br>(4) The decision made by the relevant entity head, or his designee, under the preceding <br>subsection shall be communicated to the committee in writing within thirty (30) <br>days of the committee's not approving the proposed transfer or other proposed <br>action. <br>(5) The committee, unless the Legislative Research Commission directs otherwise, <br>shall maintain records of its findings and determinations and the relevant entity <br>head's, or his designee's, report of his action on each proposed transfer from the <br>capital construction and equipment purchase contingency account. If the committee <br>determines that the amount of a proposed transfer is not reasonable or is not <br>consistent with KRS 45.770, or that the transfer is not necessary, or if the <br>committee finds that any alteration in a project materially changes the project as <br>considered and approved by the General Assembly, the committee's determination <br>and the action of the secretary of the Finance and Administration Cabinet, or other <br><br>appropriate entity head, on the transfer shall be transmitted to the appropriate <br>interim joint committees of the Legislative Research Commission and to the <br>General Assembly when next convened. <br>(6) The committee, unless the Legislative Research Commission directs otherwise, <br>shall maintain reports of purchases made under KRS 45.760(5), reports of transfers <br>made under KRS 45.760 to this section, reports of transfers made from the <br>emergency repair, maintenance, and replacement account, and a record of any <br>committee finding or recommendation relating to such purchases and transfers. <br>(7) The committee shall monitor the costs of state capital construction projects in <br>comparison with the costs of construction for the private sector to determine <br>whether the costs are comparable and, if not comparable, the reasons for any <br>difference. The committee shall consider contractors' charges to the state, land <br>acquisition costs, costs and availability of materials, cost and availability of labor, <br>and laws, regulations, and purchasing procedures pertaining to state capital <br>construction projects that are not applicable to construction for the private sector. <br>The committee's findings and recommendations shall be transmitted to the <br>appropriate interim joint committee of the Legislative Research Commission and to <br>the General Assembly when convened. <br>Effective: June 25, 2009 <br>History: Amended 2009 Ky. Acts ch. 78, sec. 33, effective June 25, 2009. -- Amended <br>2001 Ky. Acts ch. 58, sec. 22, effective June 21, 2001. -- Amended 1992 Ky. Acts <br>ch. 47, sec. 6, effective July 14, 1992. -- Amended 1982 Ky. Acts ch. 300, sec. 10, <br>effective July 15, 1982. -- Created 1979 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 6, <br>effective July 1, 1980. <br>Legislative Research Commission Note (7/2/97). 1990 Ky. Acts ch. 30, sec. 3 <br>renumbered the former subsection (10) of KRS 45.760 as subsection (12), but that <br>Act failed to include a conforming amendment to change the reference to that <br>subsection in subsection (6) of this statute. Under KRS 7.136(1)(e), that change has <br>now been made. <br><br>