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republic-os/legislation/us/states/ky/2022rs/hb-663.md
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---
type: "Bill"
title: "AN ACT relating to financial disclosures of postsecondary education institutions."
description: "Create a new section of KRS Chapter 164 to require the president and chair of the governing board of each postsecondary education institution licensed or overseen by the Council on Postsecondary Education to jointly execute a signed, sworn financial disclosure statement by July 1 of each year; designate recipients of the statement; and authorize CPE to investigate if an institution fails to provide a statement to designated recipients."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2022RS"
identifier: "HB 663"
citation: "Kentucky HB 663 (2022RS)"
classification: ["bill"]
subjects: ["Education", "Higher", "State Agencies", "Universities and Colleges"]
status: "enacted"
primary_sponsors: ["B. McCool"]
version_count: 3
action_count: 22
vote_count: 2
first_action: "2022-02-28T05:00:00+00:00"
last_action: "2022-04-08T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/f70fa410-299f-4cbc-bc5a-4a6c8566b806"
source_url: "https://apps.legislature.ky.gov/record/22RS/hb663.html"
source_hash: "dfc6708d3f10b9541d3358bcb876e6c0b70cdf0c0a19007e7b2caa0f19ebb9fb"
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 663 (2022RS) — AN ACT relating to financial disclosures of postsecondary education institutions.
Create a new section of KRS Chapter 164 to require the president and chair of the governing board of each postsecondary education institution licensed or overseen by the Council on Postsecondary Education to jointly execute a signed, sworn financial disclosure statement by July 1 of each year; designate recipients of the statement; and authorize CPE to investigate if an institution fails to provide a statement to designated recipients.
## 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/22RS/hb663/orig_bill.pdf)
2. **Acts Chapter 170** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/22RS/documents/0170.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb663/bill.pdf)
## Votes
- PASS HB 663 — **pass** (pass) · lower
- Pass — **pass** (pass) · lower
## Sponsors
- B. McCool — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2022-02-28T05:00:00+00:00** introduced in House `introduction`
- **2022-02-28T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2022-03-11T05:00:00+00:00** to Education (H) `referral-committee`
- **2022-03-14T04:00:00+00:00** taken from Education (H)
- **2022-03-14T04:00:00+00:00** 1st reading `reading-1`
- **2022-03-14T04:00:00+00:00** returned to Education (H)
- **2022-03-15T04:00:00+00:00** reported favorably, 2nd reading, to Rules with Committee Substitute (1) `committee-passage`
- **2022-03-16T04:00:00+00:00** posted for passage in the Regular Orders of the Day for Thursday, March 17, 2022
- **2022-03-17T04:00:00+00:00** 3rd reading, passed 93-0 with Committee Substitute (1) `passage, reading-3`
- **2022-03-18T04:00:00+00:00** received in Senate
- **2022-03-18T04:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2022-03-21T04:00:00+00:00** to Education (S) `referral-committee`
- **2022-03-24T04:00:00+00:00** reported favorably, 1st reading, to Consent Calendar `committee-passage`
- **2022-03-25T04:00:00+00:00** 2nd reading, to Rules as a consent bill `reading-2`
- **2022-03-29T04:00:00+00:00** posted for passage in the Consent Orders of the Day for Tuesday, March 29, 2022
- **2022-03-29T04:00:00+00:00** passed over and retained in the Consent Orders of the Day `passage`
- **2022-03-30T04:00:00+00:00** 3rd reading, passed 36-0 `passage, reading-3`
- **2022-03-30T04:00:00+00:00** received in House
- **2022-03-30T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2022-03-30T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2022-03-30T04:00:00+00:00** delivered to Governor
- **2022-04-08T04:00:00+00:00** signed by Governor (Acts Ch. 170) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f70fa410-299f-4cbc-bc5a-4a6c8566b806`. Confidence: reported (aggregated from official Kentucky legislature records).