From official state and federal legislative records. Informational only, not legal advice.
With a committee
A small team of lawmakers (a committee) is reading it closely and deciding if it's a good idea.
Next: the committee votes on whether it moves to the full chamber.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Create a new section of KRS Chapter 160 to establish the calendar and procedures for a district superintendent and local board of education to adopt a school district budget; require that a budget must include a reserve of not less than 2%; amend KRS 156.200 to authorize the commissioner of education to examine the expenditures, business methods, accounts, financial accounts, and educational records of a local board of education to enforce state law, and to take certain actions upon reason to suspect waste, fraud, fiscal mismanagement, or inaccurate accounts; establish parameters for the commissioner of education when considering an examination; authorize the commissioner of education to require additional training or financial reports to correct issues; provide for oversight by the Kentucky Board of Education; amend KRS 157.440, 160.390, 160.460, 160.470, 160.473, 160.530, 160.550, and 424.250 to conform.