HB457
Log in to followAN ACT relating to the Council on Postsecondary Education's oversight of public postsecondary education institutions.
Amend KRS 164.096 to require each public postsecondary education institution to provide the Council on Postsecondary Education its annual operating budget by August 1 of each fiscal year; require each institution to provide the council a quarterly budget-to-actual report within thirty (30) days following the end of each fiscal quarter; require each institution to provide financial information relevant to the Council's review of the institution's annual operating budget or quarterly budget-to-actual report upon the request…
Introduced: January 21, 2026
Last action: January 29, 2026
Plain-language summary
This bill would require Kentucky's public colleges and universities to share their annual budgets and quarterly financial reports with the Council on Postsecondary Education, the state body that oversees higher education. It also directs the Council's president to be involved in the process of selecting and evaluating university presidents. These changes are aimed at increasing the state's financial oversight of public postsecondary institutions. Who it may affect: students, faculty, and staff at Kentucky's public colleges and universities, as well as the governing boards of those institutions.
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