republic-os/legislation/us/states/ky/2025rs/hb-555.md

---
type: "Bill"
title: "AN ACT relating to local government financial practices."
description: "Amend KRS 91A.040 to change the population thresholds for exceptions to annual municipal audits to a single exception for municipalities with less than 3,000 people; change the revenue exception from $150,000 to $500,000; allow the Department for Local Government to consider any evidence in assessing whether to allow an extension from the deadline for annual audits; permit the department to grant extensions up to 18 months; amend KRS 91A.040, 65.003, and 65.920 to indicate that the withholding of state funds from a municipality due to noncompliance with the statutes should not be construed to cause the withholding of nondiscretionary payments to a city for the provision of services by the city to the state or any agency of the state; amend KRS 154.40-060 to allow a city government that appoints members to the board of the corporation that runs the Eastern Kentucky Exposition Center to elect to have the corporation included in its audit and to have its required annual audit be performed by an independent auditor; require any independent audit be forwarded to the Auditor of Public Accounts; amend KRS 42.460 and 424.220 to conform."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2025RS"
identifier: "HB 555"
citation: "Kentucky HB 555 (2025RS)"
classification: ["bill"]
subjects: ["Auditor of Public Accounts", "Audits and Auditors", "Cities", "Ethics", "Financial Responsibility", "Local Government", "State Agencies"]
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 23
vote_count: 3
first_action: "2025-02-14T05:00:00+00:00"
last_action: "2025-04-01T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/1cff6f1c-1a5b-4613-9ee2-c03cd55dd0bf"
source_url: "https://apps.legislature.ky.gov/record/25RS/hb555.html"
source_hash: "053d0c4f4dda237a30b87411225a5180f2aa4440333910686c85dcd6086e4ae0"
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 555 (2025RS) — AN ACT relating to local government financial practices.

Amend KRS 91A.040 to change the population thresholds for exceptions to annual municipal audits to a single exception for municipalities with less than 3,000 people; change the revenue exception from $150,000 to $500,000; allow the Department for Local Government to consider any evidence in assessing whether to allow an extension from the deadline for annual audits; permit the department to grant extensions up to 18 months; amend KRS 91A.040, 65.003, and 65.920 to indicate that the withholding of state funds from a municipality due to noncompliance with the statutes should not be construed to cause the withholding of nondiscretionary payments to a city for the provision of services by the city to the state or any agency of the state; amend KRS 154.40-060 to allow a city government that appoints members to the board of the corporation that runs the Eastern Kentucky Exposition Center to elect to have the corporation included in its audit and to have its required annual audit be performed by an independent auditor; require any independent audit be forwarded to the Auditor of Public Accounts; amend KRS 42.460 and 424.220 to conform.

## 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/25RS/hb555/orig_bill.pdf)
2. **Acts Chapter 153** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/25RS/documents/0153.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/hb555/bill.pdf)

## Votes

- Pass — **91–0** (pass) · lower
- PASS HB 555 W/ scs1 scta1 — **36–2** (pass) · lower
- Final Passage — **98–0** (pass) · lower

## Timeline

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

- **2025-02-14T05:00:00+00:00** introduced in House `introduction`
- **2025-02-14T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2025-02-20T05:00:00+00:00** to Local Government (H) `referral-committee`
- **2025-02-25T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
- **2025-02-26T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2025-02-26T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Thursday, February 27, 2025
- **2025-02-28T05:00:00+00:00** 3rd reading, passed 91-0 `passage, reading-3`
- **2025-03-04T05:00:00+00:00** received in Senate
- **2025-03-04T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2025-03-06T05:00:00+00:00** to State & Local Government (S) `referral-committee`
- **2025-03-12T04:00:00+00:00** reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title) `committee-passage`
- **2025-03-13T04:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2025-03-27T04:00:00+00:00** posted for passage in the Regular Orders of the Day for Thursday, March 27, 2025
- **2025-03-27T04:00:00+00:00** 3rd reading, passed 36-2 with Committee Substitute (1) and Committee Amendment (1-title) `passage, reading-3`
- **2025-03-27T04:00:00+00:00** received in House
- **2025-03-27T04:00:00+00:00** to Rules (H) `referral-committee`
- **2025-03-28T04:00:00+00:00** posted for passage for concurrence in Senate Committee Substitute (1) and Committee Amendment (1-title)
- **2025-03-28T04:00:00+00:00** House concurred in Senate Committee Substitute (1) and Committee Amendment (1-title)
- **2025-03-28T04:00:00+00:00** passed 98-0 `passage`
- **2025-03-28T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2025-03-28T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2025-03-28T04:00:00+00:00** delivered to Governor
- **2025-04-01T04:00:00+00:00** signed by Governor (Acts Ch. 153) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1cff6f1c-1a5b-4613-9ee2-c03cd55dd0bf`. Confidence: reported (aggregated from official Kentucky legislature records).