From Frankfort

House passes bill offering relief to financially struggling schools

02/06/2018 03:43 PM

FRANKFORT – A bill which would allow certain financially struggling school districts to meet their expenses by being able to take out interest-free loans from excess SEEK money was passed by the House A & R committee on Tuesday. House Bill 141, sponsored by Rep. John “Bam” Carney, R-Campbellsville, would provide loans to 12 districts, primarily in Eastern Kentucky, with significant revenue shortfalls due to circumstances beyond the district’s control or other extraordinary financial circumstances. “Basically, this bill changes the circumstances... Read more 

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