HB480Introduced in the House
AN ACT relating to state contracts.
Introduced by Shawn McPherson, District 22
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
became law without Governor's Signature (Acts Ch. 147)
April 14, 2026
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
1 recorded vote · each counted separately
SenateStage: Senate: Third Reading RSN# 4052 · March 31, 2026
38
Yes
0
No
0
Absent or Not Voting
38 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Jason Howell | 1 | Yes |
| Danny Carroll | 2 | Yes |
| Craig Richardson | 3 | Yes |
| Robert Mills | 4 | Yes |
| Stephen Meredith | 5 | Yes |
| Lindsey Tichenor | 6 | Yes |
| Aaron Reed | 7 | Yes |
| Gary Boswell | 8 | Yes |
| David Givens | 9 | Yes |
| Matthew Deneen | 10 | Yes |
Bill history
introduced in House
to Committee on Committees (H)
to State Government (H)
reported favorably, 1st reading, to Calendar
2nd reading, to Rules
posted for passage in the Regular Orders of the Day for Tuesday, February 17 2026
floor amendment (1) filed
3rd reading, passed 96-0
received in Senate
to Committee on Committees (S)
to Economic Development, Tourism, & Labor (S)
reported favorably, 1st reading, to Consent Calendar
2nd reading, to Rules as a consent bill
posted for passage in the Consent Orders of the Day for Tuesday, March 31 2026
3rd reading, passed 38-0
received in House
enrolled, signed by Speaker of the House
enrolled, signed by President of the Senate
delivered to Governor
filed without Governor's signature with the Secretary of State
became law without Governor's Signature (Acts Ch. 147)
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.