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SPONSORED LEGISLATION
HB502 - AN ACT relating to the Department of Financial Institutions.
Matt Lockett, Michael Lee Meredith
Last updated 8 months ago
2 Co-Sponsors
Amend KRS 286.1-440 to require the commissioner of the Department of Financial Institutions to establish a salary schedule for examiners and assistant examiners that is substantially equivalent to salaries paid by the Federal Deposit Insurance Corporation, Securities and Exchange Commission, and other federal supervisory agencies of similar jurisdiction; provide that the salary schedule of examiners and assistant examiners is not subject to the limitations of KRS 18A.110 or administrative regulations promulgated thereunder, relating to the establishment or amendment of compensation; provide that the salary schedule for examiners and assistant examiners is not subject to approval by the secretary of the Personnel Cabinet or the secretary of the Finance and Administration Cabinet; amend KRS 64.640 to conform.
STATUS
Introduced
HB418 - AN ACT relating to agricultural districts.
Michael Pollock, Michael Lee Meredith, Cherlynn Stevenson
Last updated 6 months ago
5 Co-Sponsors
Amends KRS 262.850 to decrease the minimum number of acres to qualify as an agricultural district from 250 acres to 50 acres, to add cities that are within one mile of the agricultural district to the list of entities to be notified of the proposal, approval, and withdrawal of property from an agricultural district, and to allow a district board of supervisors to consider possible dissolution of an agricultural district if an owner’s withdrawal of property results in the remaining land no longer qualifying as agricultural land.
STATUS
Passed
HB554 - AN ACT relating to insurance coverage of state property.
Michael Lee Meredith
Last updated 6 months ago
1 Co-Sponsor
Creates a new section of KRS 164A.555 to 164A.630 to permit governing boards of public-supported postsecondary educational institutions to elect to terminate the institution’s coverage through the state fire and tornado insurance fund and obtain coverage from an authorized insurer or through a self-insurance pool, to establish requirements for terminating and resuming coverage through the state fire and tornado insurance fund, to require that institutions that obtain coverage under the section have an annual inspection of each state building and its contents, and to establish requirements for insurance obtained by an institution from an authorized insurer or a self-insurance pool; and amends KRS 164A.575 to conform.
STATUS
Passed
HB575 - AN ACT relating to the acquisition of agricultural land.
Richard Heath, David Hale, Danny R. Bentley
Last updated 6 months ago
20 Co-Sponsors
Create new sections of KRS Chapter 247 to define terms, prohibit a nonresident alien, foreign business, foreign agent, trustee, or fiduciary associated with the government of any proscribed country referenced in 22 C.F.R. sec. 126.1 from the purchase, lease, or acquisition of agricultural land in Kentucky or participation in programs administered by the Department of Agriculture, Agricultural Development Board, and Kentucky Agricultural Finance Corporation; allow an existing foreign-owned business to purchase adjacent agricultural land to expand the operations of the business; exempt foreign ownership or leasing of up to 350 acres for research purposes; establish the Kentucky Foreign Investment Review Board to review applications for appeal for those on the prohibited countries list wishing to purchase, lease, or acquire agricultural land, set forth requirements of the board to approve or deny an application for appeal, establish a process for an application for appeal, authorize the board to promulgate administrative regulations; allow an applicant who is denied an appeal to purchase agricultural land to appeal the final decision in Circuit Court; require a county clerk to record an affidavit on any deed that conveys agricultural land and report the affidavit recordings monthly to the Kentucky Foreign Investment Review Board, require the Kentucky Foreign Investment Review Board to report to the Committee on Foreign Investment in the United States each month; set forth requirements to divest land that has been purchased, leased, or denied without approval of the Kentucky Foreign Investment Review Board, and direct the distribution of sale proceeds.
STATUS
Engrossed
HB563 - AN ACT relating to public water and wastewater systems, making an appropriation therefor, and declaring an emergency.
Josh Bray, Jason Petrie, Adam Bowling
Last updated 5 months ago
6 Co-Sponsors
Creates a new section of KRS Chapter 65 to define terms, to create a forbearance period of three years for a utility acquiring a public water or wastewater system with existing violations, to require the acquiring utility to correct past violations during the forbearance period, to defer fines and penalties during the forbearance period, to prioritize funding from the Kentucky Infrastructure Authority (KIA) for projects where the acquiring utility is making improvements to the acquired system, to allow for a waiver of accrued fines and penalties if all deficiencies have been corrected and the public water or wastewater system has been sold to the acquiring utility or if the utility adopts a management and operations agreement handled by a well-operated utility, to require the acquiring utility to make records available to ensure compliance after the expiration of the forbearance period, to allow the Energy and Environment Cabinet and the Public Service Commission to waive fines and penalties, collect fines and penalties, or grant a discretionary extension of the forbearance period not to exceed six months, and to prohibit an acquired water or wastewater system to which a forbearance period applied from being eligible for any additional forbearance periods; creates new sections of KRS Chapter 224A to define terms, to establish the Kentucky Water and Wastewater Assistance for Troubled or Economically Restrained Systems Program under the KIA to provide for a funding application and evaluation process for eligible public water and wastewater systems to seek funds from the General Assembly, to require the KIA to make applications available under the program, verify eligibility of proposed recipients, award funding as directed by the General Assembly, enforce compliance with funding conditions, and report quarterly to the General Assembly on the status of all funding awarded under the program, to allow the KIA board to contract or consult with third-party consultants, state agencies, or special purpose governmental entities in discharging its duties, to require that finalized funding applications be made available to the public, to allow eligible public water and wastewater systems to submit applications for regional projects, to provide for forfeiture and repayment of awarded funds, to require that the KIA board evaluate applications according to specified criteria and submit an annual report to the Legislative Research Commission containing the evaluations and scores of the proposed funding recipients and proposals for the structure of the funding to be awarded, to establish the Kentucky water and wastewater assistance for troubled or economically restrained systems fund, to provide that all moneys in the fund shall be allocated by the General Assembly for eligible projects, to provide that funding may be awarded in the form of grants, loans, no-interest loans, or forgivable loans, to require that interest rates for loans be set in the same manner as the interest rates for loans from the federally assisted wastewater and water supply resolving funds, except that the interest rates shall be one-half percent lower and shall not be below zero percent, to allow the authority to use up to one-half percent of the moneys deposited into the fund for administrative costs, to establish the emergency Kentucky water and wastewater assistance for troubled or economically restrained systems fund, to provide that moneys from the fund be dedicated for capital and non-capital expenses relating solely to restoring or avoiding imminent interruption of utility service provided by a public water or wastewater system after a statewide or local emergency has been declared, to allow the authority to require that a corrective action plan be submitted with a funding application, and to require that interest rates for loans be set in the same manner as the interest rates for loans from the federally assisted wastewater and water supply resolving funds; and amends KRS 224A.316 to require that the KIA prioritize funding for a utility acquiring a public water or wastewater system for the correction of deficiencies in the system identified in state and federal violations during the forbearance period; APPROPRIATION; EMERGENCY.
STATUS
Passed
HB583 - AN ACT relating to environmental emergencies.
William Lee Lawrence, Deanna L. Frazier Gordon, Kimberly Banta
Last updated 6 months ago
11 Co-Sponsors
Amends KRS 224.1-401 to require that the chief executive officers of all forms of local government and mayors receive notification of a declaration of an environmental emergency in their jurisdiction.
STATUS
Passed
HB596 - AN ACT relating to annexation.
Jonathan Dixon, Josh Bray, Michael Lee Meredith
Last updated 6 months ago
3 Co-Sponsors
Creates a new section of KRS 65.210 to 65.300 to make interlocal agreements concerning the sharing of occupational or insurance premium tax revenue between a city and a county terminable only with the consent of both parties; amends KRS 65.250 to conform; creates new sections of KRS Chapter 81A to allow a county subject to occupational tax crediting to have standing to challenge a proposed annexation, to require cities that annex territory in counties subject to occupational tax crediting to remit payments to a county or negotiate with a county for investment in a project associated with the annexation in certain circumstances, to require a city that has conducted an annexation that would be subject to the Act to submit information regarding the annexation to the Department for Local Government, to allow counties to establish designated county industrial districts, to define terms, to prohibit annexation by a city of territory within a district without consent of the county, to provide a method to establish a new district or dissolve an existing district, to require certain uses within a district, to set a maximum number and size of districts within a county, and to provide landowners and cities with standing to bring suit against a county concerning a district; amends KRS 81A.412 to require that a city located in a county subject to occupational tax crediting provide written notice to the county in the case of a voluntary annexation; and amends KRS 81A.420 to require that a city provide written notice to a county of annexation, and to eliminate the election in opposition to annexation but allow a petition to defeat annexation proposal.
STATUS
Passed
HB222 - AN ACT relating to tax incentives for first-time home buyers.
Killian Timoney, Kimberly Banta, Kevin D. Bratcher
Last updated 9 months ago
19 Co-Sponsors
Create a new section in KRS Chapter 141 to define terms; establish a tax deduction for contributions made to an eligible savings account by a first-time home buyer and allow an exclusion from income for any interest earned from an eligible savings account of a first-time home buyer effective for taxable years beginning on or after January 1, 2025, but before January 1, 2035; require the Department of Revenue to report to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue; amend KRS 141.019 and 131.190 to conform.
STATUS
Introduced
HB1 - AN ACT relating to government agencies, making an appropriation therefor, and declaring an emergency.
Jason Petrie, Steven Jack Rudy, Adam Bowling
Last updated 5 months ago
6 Co-Sponsors
Appropriates General Fund moneys from the Budget Reserve Trust Fund Account in fiscal years 2023-2024, 2024-2025, and 2025-2026 to various state agencies for miscellaneous projects and programs, and appropriates Restricted Funds from the Kentucky Law Enforcement Foundation Program Fund to Criminal Justice Training and State Police for various projects and purchases; APPROPRIATION; EMERGENCY.
STATUS
Passed
HB637 - AN ACT relating to financial institutions.
Michael Lee Meredith
Last updated 7 months ago
1 Co-Sponsor
Amend KRS 286.1-440 to include gender-neutral language.
STATUS
Introduced
BIOGRAPHY
INCUMBENT
Representative from Kentucky district HD-019
COMMITTEES
Kentucky House
BIRTH
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ABOUT
Michael Lee Meredith is from Louisville, Kentucky. He received his BA in Religion from Hanover College in Indiana and his law degree from the Brandeis School of Law at the University of Louisville. Meredith previously worked as a corporate attorney and served as general counsel for Cobalt Ventures, an investment management firm and technology incubator based in Louisville. He also has experience in the energy and agriculture sectors.read less
OFFICES HELD
Kentucky House from Kentucky
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