Loading
Loading
Your feedback directly shapes Sporos.
Sign in to track your feedback history
Amend KRS 45A.035 to require the Finance and Administration Cabinet to promulgate administrative regulations to establish policies regarding timely payments, partial payments, reimbursement, and payment resolution process; create a new section of KRS Chapter 45A to require terms included in state government contracts to address timely payments, partial payment, a payment process for disbursement of funds, payment schedule, and a payment resolution process; establish timely payment policies to provide that all undisputed amounts shall be paid within 30 business days of receipt of the goods, services, invoice, or in accordance with the terms of the contract; provide interest penalties for undisputed amounts that are not timely paid ; require any invoices that are submitted by a contractor or vendor outside of the 10 calendar days correction period to be considered a new invoice for the purpose of calculation of the late payment fee pursuant to KRS 45.454; require the Finance and Administration Cabinet to promulgate administrative regulations to establish a payment resolution process; define "purchasing agency" and "undisputed amount"; require the Finance and Administration Cabinet to submit a report every 6 months to the Legislative Research Commission detailing late payment contract disputes.
Introduced
Jan 23, 2026
Last Action
Apr 14, 2026
Session
KY 2026RS
Sponsors
28 primary · 0 co
became law without Governor's Signature
filed without Governor's signature with the Secretary of State
delivered to Governor
enrolled, signed by President of the Senate
enrolled, signed by Speaker of the House
received in House
3rd reading, passed 38-0
2nd reading, to Rules as a consent bill
posted for passage in the Consent Orders of the Day for Tuesday, March 31 2026
reported favorably, 1st reading, to Consent Calendar
to Economic Development, Tourism, & Labor (S)
to Committee on Committees (S)
received in Senate
3rd reading, passed 96-0
floor amendment (1) filed
2nd reading, to Rules
posted for passage in the Regular Orders of the Day for Tuesday, February 17 2026
reported favorably, 1st reading, to Calendar
to State Government (H)
to Committee on Committees (H)
introduced in House
HB 480 was introduced on Jan 23, 2026 by S. McPherson in KY session 2026RS. It is currently signed. Most recent action on Apr 14, 2026: became law without Governor's Signature.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
became law without Governor's Signature
S. McPherson
J. Petrie
A. Bowling
S. Bratcher
A. Donworth
D. Grossberg
V. Grossl
S. Heavrin
K. King
N. Kulkarni
C. Lewis
R. Roarx
S. Stalker
R. White