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… Continue reading Debt Cap Bill Gets House Committee Hearing, But No Vote

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… Continue reading State Debt Limit Bill Headed to the House