---
type: "Bill"
title: "AN ACT relating to postsecondary funding, making an appropriation therefor, and declaring an emergency. Create a new section of KRS Chapter 164 establishing a comprehensive funding model for the allocation of state appropriations to public postsecondary institutions based on student success, course completion, and other components; establish the public university sector formula and the KCTCS sector formula in the model and require 100% of allocable resources to be distributed through the formulas; establish the funding parameters for each formula; direct the Council on Postsecondary Education to implement the funding model; include hold-harmless and stop-loss provisions in the formulas through 2021; require the Council on Postsecondary Education to establish a working group to review the model every three years; direct the Office of the State Budget Director to distribute the funds as determined by the model, including the performance funds appropriated in the 2016 budget bill; establish the Postsecondary Education Performance Fund for distribution of the funds allocated through the model; APPROPRIATION; EMERGENCY."
description: "AN ACT relating to postsecondary funding, making an appropriation therefor, and declaring an emergency. Create a new section of KRS Chapter 164 establishing a comprehensive funding model for the allocation of state appropriations to public postsecondary institutions based on student success, course completion, and other components; establish the public university sector formula and the KCTCS sector formula in the model and require 100% of allocable resources to be distributed through the formulas; establish the funding parameters for each formula; direct the Council on Postsecondary Education to implement the funding model; include hold-harmless and stop-loss provisions in the formulas through 2021; require the Council on Postsecondary Education to establish a working group to review the model every three years; direct the Office of the State Budget Director to distribute the funds as determined by the model, including the performance funds appropriated in the 2016 budget bill; establish the Postsecondary Education Performance Fund for distribution of the funds allocated through the model; APPROPRIATION; EMERGENCY."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2017RS"
identifier: "SB 153"
citation: "Kentucky SB 153 (2017RS)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 24
vote_count: 0
first_action: "2017-02-10"
last_action: "2017-03-21"
source: "openstates"
source_identifier: "ocd-bill/ff0e91a3-f0ba-439c-8f73-9f7d3caac7ed"
source_url: "http://www.lrc.ky.gov/record/17RS/SB153.htm"
source_hash: "e89cc06d22a2d8614375e874f613b0baa67cfe293ba3c05a66d262745da4b2be"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ky"]
---

# Kentucky SB 153 (2017RS) — AN ACT relating to postsecondary funding, making an appropriation therefor, and declaring an emergency. Create a new section of KRS Chapter 164 establishing a comprehensive funding model for the allocation of state appropriations to public postsecondary institutions based on student success, course completion, and other components; establish the public university sector formula and the KCTCS sector formula in the model and require 100% of allocable resources to be distributed through the formulas; establish the funding parameters for each formula; direct the Council on Postsecondary Education to implement the funding model; include hold-harmless and stop-loss provisions in the formulas through 2021; require the Council on Postsecondary Education to establish a working group to review the model every three years; direct the Office of the State Budget Director to distribute the funds as determined by the model, including the performance funds appropriated in the 2016 budget bill; establish the Postsecondary Education Performance Fund for distribution of the funds allocated through the model; APPROPRIATION; EMERGENCY.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Most Recent Version** (committee substitute) — [source](http://www.lrc.ky.gov/recorddocuments/bill/17RS/SB153/bill.pdf)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-02-10** Introduced in Senate `introduction`
- **2017-02-13** To Appropriations & Revenue (S) `referral-committee`
- **2017-02-16** Taken from Appropriations & Revenue (S)
- **2017-02-16** 1st reading `reading-1`
- **2017-02-16** Returned to Appropriations & Revenue (S)
- **2017-02-17** Taken from Appropriations & Revenue (S)
- **2017-02-17** 2nd reading `reading-2`
- **2017-02-17** Returned to Appropriations & Revenue (S)
- **2017-02-21** Reported favorably, to Rules
- **2017-02-21** Posted for passage in the Regular Orders of the Day for Wednesday, February 22, 2017
- **2017-02-22** 3rd reading, passed 36-1 `reading-3, passage`
- **2017-02-22** Received in House
- **2017-02-27** To Education (H) `referral-committee`
- **2017-02-28** Reassigned to Appropriations & Revenue (H)
- **2017-03-03** Posted in committee
- **2017-03-07** Reported favorably, 1st reading, to Calendar `reading-1`
- **2017-03-08** 2nd reading, to Rules `reading-2`
- **2017-03-08** Posted for passage in the Regular Orders of the Day for Tuesday, March 14, 2017
- **2017-03-14** 3rd reading, passed 65-29 `reading-3, passage`
- **2017-03-14** Received in Senate
- **2017-03-14** Enrolled, signed by President of the Senate
- **2017-03-14** Enrolled, signed by Speaker of the House
- **2017-03-14** Delivered to Governor
- **2017-03-21** Signed by Governor (Acts, ch. 52) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ff0e91a3-f0ba-439c-8f73-9f7d3caac7ed`. Confidence: reported (aggregated from official Kentucky legislature records).