Debt Cap Bill Gets House Committee Hearing, But No Vote

A proposal to cap Kentucky’s debt has hit a roadblock in the House. The House Appropriations and Revenue committee took up Senate Bill 1 today. The bill wouldn’t allow the state to accrue debt worth more than six percent of the general fund revenue, but doesn’t cap debt in the road fund or most education […]

State Debt Limit Bill Headed to the House

Kentucky lawmakers are once again ready to approve a bill capping the state’s debt at six percent of revenues. The issue has been in and out of committee multiple times this session. It started as a constitutional amendment, then changed to a regular bill. And state Senators have renamed the measure to show their commitment […]