Several utility companies across Kentucky told a legislative committee ratepayers should expect a 20 percent increase over the next five years, largely due to environmental upgrades. According to KPR’s Tony McVeigh: “Representatives of several coal-fired utilities in Kentucky say meeting federal clean air standards already in the pipeline will require investments of billions of dollars. … Continue reading Utility Companies Tell Lawmakers Environmental Upgrades Will Raise Rates
For the second time in ten months, Kentucky lawmakers are returning to Frankfort for a special session. After they failed to balance the Medicaid budget in this year’s 30-day regular session, Governor Beshear ordered them back for a special session. The House favors the governor’s plan to shift second-year Medicaid funding forward. The Senate prefers budget cuts. Beshear hopes for middle ground.
The Kentucky Senate last night rejected Governor Steve Beshear’s plan for balancing the state’s Medicaid budget. The Republican-controlled Senate voted 24-12 for its own budget-balancing plan, which requires across-the-board cuts to state agencies. The Democratic-controlled House supported the governor’s proposal, but Speaker Greg Stumbo believes there’s room for compromise.
A Senate bill aimed at expanding the Kentucky Public Service Commission to seven members, elected by the people, has been altered in House committee. The bill now calls for creation of a legislative task force to study the issue and make recommendations for next year.
For one thing, Senate Republicans want to reform Kentucky’s antiquated tax code, but they won’t try to get it all done in the 30 day session. Senate President David Williams says legislation will be offered creating a council to draft a new tax code.
Only 14 days remain in the 2010 Kentucky General Assembly, with hundreds of bills still awaiting final action.
A battle royal could be brewing between Kentucky Senate leaders and Governor Steve Beshear over the need for a special session on the state budget.
Indiana’s budget passed by a committee in the House of Representatives eases cuts proposed by Republican Gov. Mitch Daniels. WFPL’s Elizabeth Kramer has more. The House Ways and Means committee passed a one-year budget, instead of one covering two years. It erases the governor’s proposed cuts to education. It also reduces the Indiana Arts Commission’s… Continue reading More Money for Arts in Indiana Dems Budget