Summary of Original Version

Amend KRS 91A.040 to change the population thresholds for exceptions to annual municipal audits to a single exception for municipalities with less than 3,000 people; change the revenue exception from $150,000 to $500,000; allow the Department for Local Government to consider any evidence in assessing whether to allow an extension from the deadline for annual audits; permit the department to grant extensions up to 18 months; amend KRS 91A.040, 65.003, and 65.920 to indicate that the withholding of state funds from a municipality due to noncompliance with the statutes should not be construed to cause the withholding of nondiscretionary payments to a city for the provision of services by the city to the state or any agency of the state; amend KRS 154.40-060 to allow a city government that appoints members to the board of the corporation that runs the Eastern Kentucky Exposition Center to elect to have the corporation included in its audit and to have its required annual audit be performed by an independent auditor; require any independent audit be forwarded to the Auditor of Public Accounts; amend KRS 42.460 and 424.220 to conform.

Summary of Amendment: Senate Committee Substitute 1

Summary Retain original provisions; amend KRS 68.020 to permit a county treasurer to make authorized payments by means of electronic funds transfers; make technical changes; amend KRS 68.275 to permit a standing order for county payments to include payments made to vendors regularly providing services to the county.

Summary of Amendment: Senate Committee Amendment 1 -- M. Nemes

Summary Make title amendment.

Statutes affected:
Introduced: 91A.040, 65.003, 65.920, 42.460, 424.220
Senate Committee Substitute 1: 91A.040, 65.003, 65.920, 42.460, 424.220, 68.020, 68.275
Current: 91A.040, 65.003, 65.920, 42.460, 424.220