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HB675 • 2026

AN ACT relating to fiscal matters.

AN ACT relating to fiscal matters.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
J. Petrie
Last action
2026-03-20
Official status
03/20/26: returned to Appropriations & Revenue (H)
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

AN ACT relating to fiscal matters.

AN ACT relating to fiscal matters.

What This Bill Does

  • AN ACT relating to fiscal matters.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-20 Kentucky Legislative Research Commission

    taken from Appropriations & Revenue (H) 2nd reading returned to Appropriations & Revenue (H)

  2. 2026-03-13 Kentucky Legislative Research Commission

    taken from Appropriations & Revenue (H) 1st reading returned to Appropriations & Revenue (H)

  3. 2026-02-26 Kentucky Legislative Research Commission

    to Appropriations & Revenue (H)

  4. 2026-02-19 Kentucky Legislative Research Commission

    introduced in House to Committee on Committees (H)

Official Summary Text

AN ACT relating to fiscal matters.

Current Bill Text

Read the full stored bill text
UNOFFICIAL COPY 26 RS BR 1055
Page 1 of 1
XXXX 10/10/2025 11:44 AM Jacketed
AN ACT relating to fiscal matters. 1
Be it enacted by the General Assembly of the Commonwealth of Kentucky: 2
Section 1. KRS 131.205 is amended to read as follows: 3
(1) Any field representative of the Department of Revenue who is authorized to collect 4
taxes or money due the Commonwealth may deposit to his or her special account as 5
field representative of the department an y money so collected in a state or national 6
bank in this Commonwealth. 7
(2) He shall within forty -eight (48) hours after making such deposits draw a check or 8
checks payable to the State Treasurer for the full amount of the deposit and mail 9
same to the depar tment or transmit same in a manner approved by the department. 10
Nothing in this section shall be construed as authorizing any field representative of 11
the department to enforce or cash, even for the purpose of a deposit, any check or 12
other instrument of value payable to the Commonwealth or any agency thereof. 13
(3) Deposits shall be made in such banks as the department may by regulation 14
designate, and subject to such further conditions as the department may prescribe. 15
Any reasonable service charges made by the bank may be paid by the department 16
from its appropriation as other claims against it are paid. 17