republic-os/legislation/us/states/ky/2024rs/sb-127.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	AN ACT relating to aerospace infrastructure, making an appropriation therefor, and declaring an emergency.	Create new sections of KRS Chapter 164 to define terms; establish the Kentucky Aerospace, Aviation, and Defense Investment Fund Advisory Committee; establish the membership of the committee; establish the Kentucky aerospace, aviation, and defense investment fund to be administered by the Council for Postsecondary Education for the purpose of funding public and private partnerships to provide aviation training scholarships and aviation and aerospace equipment grants; require that the portion of the fund expended towards the council's administrative costs shall not exceed 4% of all gross moneys in the fund or $1,500,000 annually, whichever is less; direct the council to promulgate administrative regulations to carry out this Act; require those administrative regulations to be submitted to the Legislative Research Commission for comment prior to filing; require advisory committee members to abstain from voting on a matter involving a conflict of interest; require that the council shall reserve at least 65% of all net moneys in the fund for partnership proposals between aviation programs and aviation industry partners to provide aviation training scholarships to Kentucky residents enrolled in aviation programs; direct the council to prioritize accepting partnerships to proposals targeted to reduce the workforce demand of a specific eligible aviation credential that is determined by the council to be among the highest in demand in the Commonwealth; direct that a partnership shall require a written partnership contract and establish the minimum contract requirements; direct that disbursements of moneys from the fund to support aviation training scholarships shall be made directly to an aviation program pursuant to the terms of the partnership contract; require that an aviation program that enters a partnership contract shall solicit, accept, and review aviation training scholarship applications submitted by students enrolled in the aviation program; direct that an aviation training scholarship issued by an aviation program pursuant to a partnership contract shall be made directly to a recipient pursuant to a written scholarship contract between the recipient and the aviation program; set minimum contract requirements; direct that a grantor may place restrictions upon a contribution to the fund requiring specific criteria for an aviation training scholarship or scholarships funded by the grantor's dedicated funds; direct that the aviation training scholarship contract shall grant the aviation program, the Commonwealth, or the aviation industry partner the authority to initiate recoupment proceedings for the recovery of the total amount of all aviation training scholarships awarded to an individual that fails to complete the terms of a scholarship contract; direct the council to reserve up to 35% of all net moneys in the fund for aviation equipment partnership contracts between public aviation training programs and aviation industry partners to provide aviation and aviation equipment grants; requrie that an aviation equipment partnership shall require a written partnership contract between a public aviation program, aviation industry partner, and the council; establish minimum contract requirements; direct the council to collaborate with the advisory committee to select proposals for partnership contracts; direct that the council may prioritize designated contracts; provide that the council shall require the public aviation program to submit proof that the entire amount of the aviation equipment grant is invested in the maintenance, acquisition, or lease of aviation or aviation training equipment utilized by students enrolled in a public aviation training program; require the council to submit a report to the Legislative Research Commission and establish minimum report requirements; sunset the bill on June 30, 2030; provide that this Act may be cited as the Aerospace Education Reinvestment Opportunity (A.E.R.O.) Act; APPROPRIATION; EMERGENCY.	us/states/ky	Kentucky General Assembly	2024RS	SB 127	Kentucky SB 127 (2024RS)	bill	Advisory Boards Commissions and Committees Aeronautics and Aviation Appropriations Education Higher Effective Dates Emergency Occupations and Professions Reports Mandated Short Titles and Popular Names Sunset Legislation Universities and Colleges	enacted	A. Mays Bledsoe B. Smith B. Storm D. Carroll D. Thayer D. Yates G. Elkins G. Neal L. Tichenor M. Deneen R. Girdler R. Thomas R. Webb S. Funke Frommeyer S. Meredith	3	39	4	2024-01-23T05:00:00+00:00	2024-04-05T04:00:00+00:00	openstates	ocd-bill/7ab57114-6fda-49b2-90a0-d5dd3a36be9b	https://apps.legislature.ky.gov/record/24RS/sb127.html	3e3a83511d3d4b9b15a73537bd031ce3baf80bebb93fa116401fcfe2c102a52b	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ky

Kentucky SB 127 (2024RS) — AN ACT relating to aerospace infrastructure, making an appropriation therefor, and declaring an emergency.

Create new sections of KRS Chapter 164 to define terms; establish the Kentucky Aerospace, Aviation, and Defense Investment Fund Advisory Committee; establish the membership of the committee; establish the Kentucky aerospace, aviation, and defense investment fund to be administered by the Council for Postsecondary Education for the purpose of funding public and private partnerships to provide aviation training scholarships and aviation and aerospace equipment grants; require that the portion of the fund expended towards the council's administrative costs shall not exceed 4% of all gross moneys in the fund or $1,500,000 annually, whichever is less; direct the council to promulgate administrative regulations to carry out this Act; require those administrative regulations to be submitted to the Legislative Research Commission for comment prior to filing; require advisory committee members to abstain from voting on a matter involving a conflict of interest; require that the council shall reserve at least 65% of all net moneys in the fund for partnership proposals between aviation programs and aviation industry partners to provide aviation training scholarships to Kentucky residents enrolled in aviation programs; direct the council to prioritize accepting partnerships to proposals targeted to reduce the workforce demand of a specific eligible aviation credential that is determined by the council to be among the highest in demand in the Commonwealth; direct that a partnership shall require a written partnership contract and establish the minimum contract requirements; direct that disbursements of moneys from the fund to support aviation training scholarships shall be made directly to an aviation program pursuant to the terms of the partnership contract; require that an aviation program that enters a partnership contract shall solicit, accept, and review aviation training scholarship applications submitted by students enrolled in the aviation program; direct that an aviation training scholarship issued by an aviation program pursuant to a partnership contract shall be made directly to a recipient pursuant to a written scholarship contract between the recipient and the aviation program; set minimum contract requirements; direct that a grantor may place restrictions upon a contribution to the fund requiring specific criteria for an aviation training scholarship or scholarships funded by the grantor's dedicated funds; direct that the aviation training scholarship contract shall grant the aviation program, the Commonwealth, or the aviation industry partner the authority to initiate recoupment proceedings for the recovery of the total amount of all aviation training scholarships awarded to an individual that fails to complete the terms of a scholarship contract; direct the council to reserve up to 35% of all net moneys in the fund for aviation equipment partnership contracts between public aviation training programs and aviation industry partners to provide aviation and aviation equipment grants; requrie that an aviation equipment partnership shall require a written partnership contract between a public aviation program, aviation industry partner, and the council; establish minimum contract requirements; direct the council to collaborate with the advisory committee to select proposals for partnership contracts; direct that the council may prioritize designated contracts; provide that the council shall require the public aviation program to submit proof that the entire amount of the aviation equipment grant is invested in the maintenance, acquisition, or lease of aviation or aviation training equipment utilized by students enrolled in a public aviation training program; require the council to submit a report to the Legislative Research Commission and establish minimum report requirements; sunset the bill on June 30, 2030; provide that this Act may be cited as the Aerospace Education Reinvestment Opportunity (A.E.R.O.) Act; APPROPRIATION; EMERGENCY.

Version chain

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

1. Introduced (filed) — source
2. Acts Chapter 109 (committee substitute) — source
3. Current/Final (committee substitute) — source

Votes

• Pass — pass (pass) · upper
• Final Passage — pass (pass) · upper
• FINAL PASS SB 127 W/ ccr1 — pass (pass) · upper
• PASS SB 127 — pass (pass) · upper

Sponsors

• A. Mays Bledsoe — primary (person)
• B. Smith — primary (person)
• B. Storm — primary (person)
• D. Carroll — primary (person)
• D. Thayer — primary (person)
• D. Yates — primary (person)
• G. Elkins — primary (person)
• G. Neal — primary (person)
• L. Tichenor — primary (person)
• M. Deneen — primary (person)
• R. Girdler — primary (person)
• R. Thomas — primary (person)
• R. Webb — primary (person)
• S. Funke Frommeyer — primary (person)
• S. Meredith — primary (person)

Timeline

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

• 2024-01-23T05:00:00+00:00 introduced in Senate introduction
• 2024-01-23T05:00:00+00:00 to Committee on Committees (S) referral-committee
• 2024-01-25T05:00:00+00:00 to Economic Development, Tourism, & Labor (S) referral-committee
• 2024-02-01T05:00:00+00:00 reported favorably, 1st reading, to Calendar committee-passage
• 2024-02-02T05:00:00+00:00 2nd reading, to Rules reading-2
• 2024-02-05T05:00:00+00:00 posted for passage in the Regular Orders of the Day for Wednesday, February 07, 2024
• 2024-02-07T05:00:00+00:00 3rd reading, passed 37-0 passage, reading-3
• 2024-02-07T05:00:00+00:00 received in House
• 2024-02-07T05:00:00+00:00 to Committee on Committees (H) referral-committee
• 2024-02-13T05:00:00+00:00 to Appropriations & Revenue (H) referral-committee
• 2024-03-12T04:00:00+00:00 reported favorably, 1st reading, to Calendar with Committee Substitute (1) committee-passage
• 2024-03-13T04:00:00+00:00 2nd reading, to Rules reading-2
• 2024-03-21T04:00:00+00:00 posted for passage in the Regular Orders of the Day for Friday, March 22, 2024
• 2024-03-22T04:00:00+00:00 3rd reading, passed 94-0 with Committee Substitute (1) passage, reading-3
• 2024-03-25T04:00:00+00:00 received in Senate
• 2024-03-25T04:00:00+00:00 to Rules (S) referral-committee
• 2024-03-26T04:00:00+00:00 posted for passage for concurrence in House Committee Substitute (1)
• 2024-03-27T04:00:00+00:00 Senate refused to concur in House Committee Substitute (1)
• 2024-03-27T04:00:00+00:00 received in House
• 2024-03-27T04:00:00+00:00 to Rules (H) referral-committee
• 2024-03-27T04:00:00+00:00 posted for passage for receding from House Committee Substitute (1)
• 2024-03-27T04:00:00+00:00 House refused to recede from Committee Substitute (1)
• 2024-03-27T04:00:00+00:00 Conference Committee appointed in House
• 2024-03-28T04:00:00+00:00 Conference Committee appointed in Senate
• 2024-03-28T04:00:00+00:00 Conference Committee report filed in House and Senate
• 2024-03-28T04:00:00+00:00 Conference Committee report adopted in House and Senate
• 2024-03-28T04:00:00+00:00 posted for passage for consideration of Conference
• 2024-03-28T04:00:00+00:00 Conference Committee report adopted in House
• 2024-03-28T04:00:00+00:00 passed 95-0 with Conference Committee Report (1) passage
• 2024-03-28T04:00:00+00:00 received in Senate
• 2024-03-28T04:00:00+00:00 to Rules (S) referral-committee
• 2024-03-28T04:00:00+00:00 taken from Rules
• 2024-03-28T04:00:00+00:00 posted for passage for consideration of Conference Committee Report (1)
• 2024-03-28T04:00:00+00:00 Conference Committee report adopted in Senate
• 2024-03-28T04:00:00+00:00 passed 37-0 with Conference Committee Report (1) passage
• 2024-03-28T04:00:00+00:00 enrolled, signed by President of the Senate passage
• 2024-03-28T04:00:00+00:00 enrolled, signed by Speaker of the House passage
• 2024-03-28T04:00:00+00:00 delivered to Governor
• 2024-04-05T04:00:00+00:00 signed by Governor (Acts Ch. 109) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/7ab57114-6fda-49b2-90a0-d5dd3a36be9b. Confidence: reported (aggregated from official Kentucky legislature records).