Introduced

Passed House

Passed Senate

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · February 5, 2026

To Local Government (H)

Introduced January 29, 2026

House

Adjourned Sine Die

2026 Regular Session

HB520

AN ACT relating to the fiscal reporting of local entities.

Amend KRS 65A.030 to increase the fiscal reporting levels of special purpose governmental entities; allow entities conducting yearly audits to move to an audit every 4 years if the entity receives 2 sequential audit reports with unqualified opinions and report the fact that the entity is operating under the alternative audit schedule to the Department for Local Government; require an entity to have yearly audits if the entity receives anything but an unqualified audit opinion…

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This bill changes how often certain local government bodies in Kentucky must be audited and updates related financial reporting rules. Special purpose governmental entities with clean audit records would be allowed to shift from annual audits to once every four years, while those that receive a less-than-clean audit report would return to yearly reviews. The bill also streamlines how county clerks are audited for motor vehicle-related tax collections and clarifies the financial handoff process when…

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