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HB 467 Kentucky House · 2026 Regular Session

AN ACT relating to real property.

Summary
Amend KRS 45A.045, relating to the disposal of state property, to require the Finance and Administration Cabinet to determine that there is no need of a state agency or ownership interest of local government before disposal of state-owned real property; require the state agency disposing of real property to provide maintenance and security of real property until completion of disposal; establish authority for the Finance and Administration Cabinet to utilize other methods to dispose of real property when there are no responsive bids received; establish a process for a local government to notify the state of its interest in using abandoned or underutilized state-owned real property; amend KRS 56.463 to require a state agency disposing of real property to provide maintenance and security of surplus real property until completion of disposal; amend various other sections to conform.
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
House Passage
Feb 2026
Senate Passage
Governor
Introduced Jan 22, 2026 Last action Feb 26, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Current/Final · 5 edits
MODERATE
The bill updates the Kentucky Finance and Administration Cabinet's role in state procurement, shifting from simple estimate collection to enforcing 'best value' criteria and requiring a new manual of procedures. It significantly expands the Cabinet's authority to manage combined purchases across all agencies and adds detailed rules for disposing of real property, including specific steps to verify no other agency needs the land before selling it.
Scope change
The scope of the Finance and Administration Cabinet's procurement authority was expanded to include centralized management of combined requirements for all state spending agencies, including real property and services.
REQUIREMENT

Replaced the requirement for agencies to submit estimates with a mandate to furnish estimates of specific needs to allow for competitive bidding and scheduling.

Added a requirement for the Cabinet to attempt ensuring agencies meet business needs using 'best value' criteria.

Established a new requirement for the Cabinet to publish and distribute a manual of procedures that must be revised whenever procedures change.

Added a new rule requiring the Cabinet to sell real property via sealed bids or public auction unless doing so is not in the state's best interest.

Introduced a new process requiring the Cabinet to verify that no other state agency needs the property and that local governments have no ownership interest before disposing of real estate.

Floor votes · House Feb 25, 2026

How they voted

101–0
Passed · 4 other
Total votes 105
Feb 25, 2026
D Democratic21
19 Yea 2
90% Yea
R Republican84
82 Yea 2
97% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
9
Key actions
2
Committee
4
Feb 26, 2026
Committee
to Committee on Committees (S)
upper
Feb 25, 2026
Lower · Passed
3rd reading, passed 96-0 with Committee Substitute (1)
lower
Feb 19, 2026
Lower · Passed
reported favorably, 1st reading, to Calendar with Committee Substitute (1)
lower
Jan 30, 2026
Committee
to State Government (H)
lower
Jan 22, 2026
Committee
to Committee on Committees (H)
lower
Jan 22, 2026
Introduced
introduced in House
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.