Kentucky 2026 Regular Session

Kentucky House Bill HB467

Introduced
1/22/26  
Refer
1/22/26  
Refer
1/30/26  
Report Pass
2/19/26  
Engrossed
2/26/26  

Caption

AN ACT relating to real property.

Impact

The impact of HB 467 on state laws includes modifications to the powers and responsibilities of the Finance and Administration Cabinet regarding the procurement of goods and services. The bill amends existing statutes to provide clear guidelines for the purchase, lease, or disposal of state-owned real property, ensuring such processes adhere to best practices. The bill is also designed to enhance accountability and transparency in state procurements, potentially leading to better financial management and resource allocation across Kentucky's government agencies.

Summary

House Bill 467 aims to amend various statutes relating to the management and disposal of real property in the Commonwealth of Kentucky. One of the primary objectives of the bill is to streamline the procurement processes by establishing the Finance and Administration Cabinet as the central agency responsible for ensuring that all purchases and acquisitions of supplies, materials, and equipment for state agencies are conducted efficiently. This involves requiring agencies to provide detailed estimates of their needs, facilitating bulk purchasing to achieve better pricing and compliance with procurement regulations.

Sentiment

The sentiment surrounding the bill appears to be predominantly positive among Republican legislators who view it as a necessary step towards improving the efficiency of state operations. They believe by centralizing procurement, the bill will eliminate unnecessary redundancy among state agencies and foster better management of state resources. However, there may be concerns among local governments regarding potential limitations on their autonomy to manage real property within their jurisdictions.

Contention

Notable points of contention around HB 467 may emerge from discussions about local versus state control over property management. Critics may argue that increasing the power of the Finance and Administration Cabinet could lead to top-down decisions that do not account for local needs. Moreover, there may be apprehensions regarding the potential bureaucratic implications of centralizing procurement processes, such as slower response times for local agencies and the risk of reduced flexibility to address local-specific issues.

Companion Bills

No companion bills found.

Previously Filed As

KY SB70

AN ACT relating to heirs property.

KY HB612

AN ACT relating to real property.

KY HB345

AN ACT relating to public contracts.

KY HB524

AN ACT relating to the Commonwealth's property and casualty insurance fund and declaring an emergency.

KY HB491

AN ACT relating to state government.

KY HB386

AN ACT relating to public notices.

KY SB129

AN ACT relating to property.

KY HB622

AN ACT relating to fiscal matters and declaring an emergency.

KY SB31

AN ACT relating to bus safety.

KY HB691

AN ACT relating to coverage for the care of children.

Similar Bills

IL HB1758

ARPUR-DATE CHANGE

NJ A356

Subjects unclaimed property to judgment debtor search; prioritizes unpaid child support judgment.

IL SB1176

ARPUR-DATE CHANGE

CA AB1660

Public guardians and public administrators.

MA S1969

Relating to improvements to residential properties

MA H3040

Relating to improvements to residential properties

AZ HB2516

Unclaimed property; transfer; state treasurer

ND HB1149

The revised uniform unclaimed property act; and to declare an emergency.