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Kentucky bills · 2026 Regular Session

Kentucky HB 480

AN ACT relating to state contracts.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

No sponsor recorded.

Summary

Official abstract published by the Kentucky legislature· Summary of Original Version

Amend KRS 45A.035 to require the Finance and Administration Cabinet to promulgate administrative regulations to establish policies regarding timely payments, partial payments, reimbursement, and payment resolution process; create a new section of KRS Chapter 45A to require terms included in state government contracts to address timely payments, partial payment, a payment process for disbursement of funds, payment schedule, and a payment resolution process; establish timely payment policies to provide that all undisputed amounts shall be paid within 30 business days of receipt of the goods, services, invoice, or in accordance with the terms of the contract; provide interest penalties for undisputed amounts that are not timely paid ; require any invoices that are submitted by a contractor or vendor outside of the 10 calendar days correction period to be considered a new invoice for the purpose of calculation of the late payment fee pursuant to KRS 45.454; require the Finance and Administration Cabinet to promulgate administrative regulations to establish a payment resolution process; define "purchasing agency" and "undisputed amount"; require the Finance and Administration Cabinet to submit a report every 6 months to the Legislative Research Commission detailing late payment contract disputes.

Text versions

Roll-call votes

State vote data last updated Oct 15, 2026, 8:06 AM.

DateVoteResultYour legislators
Mar 31, 2026
House		CONSENT PASSAGE OF HB 480passSet your home in Kentucky to see
Feb 17, 2026
House		PasspassSet your home in Kentucky to see

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