AN ACT relating to special purpose governmental entities.

Amend KRS 65A.030, relating to special purpose governmental entities, to increase the audit and financial statement responsibility thresholds; amend KRS 65A.010 to include 911 emergency services within examples of public services provided by special purpose governmental entities and to raise the fire department audit and financial statement responsibility thresholds; amend KRS 95A.055 to raise the fire department audit and financial statement responsibility thresholds; EFFECTIVE July 1, 2027.

Cities Counties Effective Dates, Delayed Financial Responsibility Firefighters and Fire Departments Local Government Special Districts Special Purpose Governmental Entities State Agencies

Read the full text Kentucky Legislature LegiScan

AI-generated. Always verify with primary sources

Plain-language summary

Beta

This bill would raise the dollar thresholds that determine when special purpose governmental entities, including fire departments, are required to conduct formal audits or file financial statements. It also clarifies that 911 emergency services are an example of the public services these entities can provide. The changes would have taken effect July 1, 2027, but the bill did not pass. Who it may affect: local fire departments, 911 emergency service districts, and other special purpose governmental entities across Kentucky.

Open official bill text (PDF)·Report a problem with the summary