States / Kentucky / HB 392

HB 392 Enacted

AN ACT relating to local public agency transactions.

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Acts Chapter 39 — · 2.1K words Open full page ↗

CHAPTER 39 1

CHAPTER 39

( HB 392 )

AN ACT relating to local public agency transactions.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

Section 1. KRS 45A.385 is amended to read as follows:

(1) The local public agency may use small purchase procedures for any contract for which a determination is

made that the aggregate amount of the contract does not exceed fifty thousand dollars ($50,000)[forty

thousand dollars ($40,000)] if small purchase procedures are in writing and available to the public.

(2) Beginning in calendar year 2030, the small purchase maximum amount set out in subsection (1) of this

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