AN ACT relating to state government.

Amend KRS 45.750 to redefine "equipment" to include electronic equipment that incorporates advanced computing, including smart medical, scientific, and research equipment; increase the threshold required for a lease of real property to qualify as a capital project from $200,000 annually to $500,000 annually; increase the threshold required for equipment to qualify as a capital project from $200,000 to $500,000; increase the threshold required for a lease of movable equipment to qualify as a capital project…

Actuarial Analysis Education, Finance Education, Higher Peace Officers and Law Enforcement Personnel and Employment Police, City and County Police, State Public Records and Reports Retirement and Pensions Universities and Colleges Public Safety Capital Construction Public Protection

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This bill makes several updates to how Kentucky state government handles spending thresholds, contracts, and administrative rules. It raises the dollar amounts at which purchases, leases, and technology upgrades must go through the formal capital project approval process, and it adjusts rules around construction work, public records appeals, pensions, and university board meetings. Who it may affect: state agency employees, public university staff and administrators, retired police officers working at universities, and workers or retirees with accounts through the Kentucky Public Pensions Authority.

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