---
type: "Bill"
title: "AN ACT relating to school district buildings."
description: "Create a new section of KRS Chapter 162 to allow school districts to issue general obligation bonds and obtain bank loans; amend KRS 160.160 require the approval of the Department of Education prior to a school district obtaining a bank loan or issuing general obligation bonds; require general obligation bonds to be entered into through advertising or competitive bidding; provide for the department to intercept funds for a payment due on a general obligation bond; make conforming amendments."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2024RS"
identifier: "HB 727"
citation: "Kentucky HB 727 (2024RS)"
classification: ["bill"]
subjects: ["Bonds", "Public", "Education", "Elementary and Secondary", "Education", "Finance", "State Agencies"]
status: "enacted"
primary_sponsors: ["M. Meredith"]
version_count: 3
action_count: 21
vote_count: 2
first_action: "2024-02-26T05:00:00+00:00"
last_action: "2024-04-09T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/d47cea70-cecc-4b52-8203-21ab53687706"
source_url: "https://apps.legislature.ky.gov/record/24RS/hb727.html"
source_hash: "b4f85bb6b8757ea81c8a084f0c162817f4359a3aada1ab5a851021764855ec87"
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 HB 727 (2024RS) — AN ACT relating to school district buildings.

Create a new section of KRS Chapter 162 to allow school districts to issue general obligation bonds and obtain bank loans; amend KRS 160.160 require the approval of the Department of Education prior to a school district obtaining a bank loan or issuing general obligation bonds; require general obligation bonds to be entered into through advertising or competitive bidding; provide for the department to intercept funds for a payment due on a general obligation bond; make conforming amendments.

## Version chain

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

1. **Introduced** (filed) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/24RS/hb727/orig_bill.pdf)
2. **Acts Chapter 126** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/24RS/documents/0126.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/24RS/hb727/bill.pdf)

## Votes

- PASS HB 727 — **pass** (pass) · lower
- Pass — **pass** (pass) · lower

## Sponsors

- M. Meredith — primary (person)

## Timeline

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

- **2024-02-26T05:00:00+00:00** introduced in House `introduction`
- **2024-02-26T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2024-03-05T05:00:00+00:00** to Banking & Insurance (H) `referral-committee`
- **2024-03-06T05:00:00+00:00** reported favorably, 1st reading, to Calendar with Committee Substitute (1) `committee-passage`
- **2024-03-06T05:00:00+00:00** floor amendment (1) filed to Committee Substitute `amendment-introduction`
- **2024-03-07T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2024-03-07T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Friday, March 08, 2024
- **2024-03-11T04:00:00+00:00** floor amendments (2) and (3) filed to Committee Substitute `amendment-introduction`
- **2024-03-12T04:00:00+00:00** 3rd reading, passed 95-0 with Committee Substitute (1) and Floor Amendments (1) and (3) `passage, reading-3`
- **2024-03-13T04:00:00+00:00** received in Senate
- **2024-03-13T04:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2024-03-21T04:00:00+00:00** to Banking & Insurance (S) `referral-committee`
- **2024-03-26T04:00:00+00:00** reported favorably, 1st reading, to Consent Calendar `committee-passage`
- **2024-03-27T04:00:00+00:00** 2nd reading, to Rules as a consent bill `reading-2`
- **2024-03-27T04:00:00+00:00** posted for passage in the Consent Orders of the Day for Thursday, March 28, 2024
- **2024-03-28T04:00:00+00:00** 3rd reading, passed 38-0 `passage, reading-3`
- **2024-03-28T04:00:00+00:00** received in House
- **2024-03-28T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2024-03-28T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2024-03-28T04:00:00+00:00** delivered to Governor
- **2024-04-09T04:00:00+00:00** signed by Governor (Acts Ch. 126) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d47cea70-cecc-4b52-8203-21ab53687706`. Confidence: reported (aggregated from official Kentucky legislature records).