Transcript Highlights:

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Keywords: Meeting start 00:00:29 Roll Call 00:00:40 HB 2 Discussion 00:02:55 HB 2 Vote 00:14:10 Kentucky Exposition Center Redevelopment Plan Discussion 00:17:22 HB 545 Discussion Only 00:39:15, 958, all

Summary: The committee first took up House Bill 2, which would address the taxation of currency and bullion and was presented as a response to last session’s dispute over whether a line-item veto could be applied to a revenue measure. The sponsor said the bill, as amended by Committee Substitute 2, was largely technical but also made the tax exemption retroactive to August 1, 2024 while making the $1,000-per-day penalty prospective only. Members asked about fiscal impact, possible legal liability for executive branch officials, and whether the issue should instead be resolved by the courts. The sponsor argued the Constitution limits the governor’s line-item veto power to appropriations, not revenue bills, and said the bill would create a judicial remedy and refund process if the executive branch continued collecting the tax. The committee approved the committee substitute and then passed House Bill 2 by a vote of 19-1, with two members passing; the bill was reported favorably to the floor. During discussion, Representative Bojanowski voted no, saying he could not support removing taxes on gold bars while parents pay taxes on diapers. Representative Gentry passed, saying he supported the original intent but was not yet convinced and wanted more time to review the issue. The sponsor also clarified that any liability would be joint and several and could involve executive officials or their budgets if the tax collection continued despite the exemption. The committee then heard a discussion-only presentation on the Kentucky Exposition Center Redevelopment Plan Phase 2. Facility representatives described Phase 1 and the planned Phase 2 expansion, saying the center had record attendance and needed more space to remain competitive and meet client demand. They said Phase 1 was about 20% complete, with completion now expected in October 2026 and an opening target of December 31, 2026 after a short testing period. Phase 2 would follow, including demolition of the West Wing, utility work, and improvements to food service and circulation areas. They said the project would be funded without federal dollars and estimated that, once complete, it could generate about $683 million in annual economic impact, $302 million in state sales tax, and 850,000 room nights in Jefferson County.

Transcript Highlights:

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Keywords: Meeting Start 00:00:00 Attendance Roll Call 00:00:19 Auditor of Public Accounts 00:01:07 Office of Secretary of State 00:10:22 Kentucky State Treasury 00:17:51 Office of Attorney General 00:28:50, 958, all

Summary: The Budget Review Subcommittee on General Government met for its first meeting and heard budget-related presentations from the Auditor of Public Accounts and the Secretary of State, with the Treasurer beginning a presentation at the end of the transcript. Auditor Allison Ball reviewed her office’s 2024 and early 2025 work, including hundreds of county and state audits, several special examinations, and ongoing reviews such as the kinship care funding issue, the Kentucky Department of Education audit, and the Jefferson County Public Schools audit. She said her office is focused on waste, fraud, abuse, and legal compliance, and asked the committee to consider future budget changes, including aligning her appropriation with restricted funding and restoring a stronger performance-audit function. She also highlighted audits that exposed serious problems, including the Department of Juvenile Justice review, and said those reports are intended to serve as models for other entities to avoid similar failures. Secretary of State Michael Adams said his office is self-sustaining through fees and does not need tax dollars, but asked for greater access to its own revenues and more flexibility in using them. He highlighted the Safe at Home address confidentiality program, saying recent changes expanded protections for survivors of domestic violence, sexual assault, and human trafficking, and that the program has grown rapidly while remaining funded by offender fines. Adams also urged lawmakers to again adjust county election funding for inflation, noting the current per-voter and per-precinct amounts were set decades ago. In questioning, Representative Hart asked whether the Safe at Home program was self-funding; Adams replied that it covers only about 10% of its operating cost and said the best solution would be to let the office use more of the revenue it already collects rather than rely on tax dollars. Treasurer Martin Medcafe, introduced with staff member Russell Weber, praised the General Assembly’s fiscal discipline and described the Treasury’s work in managing state funds. He reported strong results from the Unclaimed Property Fund, saying the office returned $35.5 million to Kentuckians in its first year and $3.8 million in the first month of the current year, and said the State Investments Commission generated $682 million in returns last year. He also highlighted financial literacy efforts through the Kentucky Financial Empowerment Commission and said the Treasury is helping manage opioid settlement funds, which are now earning up to $200,000 per month through investment. No votes or formal actions were taken in the portion of the meeting provided.

Keywords: HI House YouTube, https://www.youtube.com/watch?v=I2YUuYw-1-4, 2026-07-02T01:22:51+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/sessions/session2024/hearingnotices/HEARING_JHA-AGR_03-13-24_.pdf, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=1ICx5-9e-WA, 2026-07-02T01:22:48+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/sessions/Session2024/hearingnotices/HEARING_FIN_01-03-24_INFO_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=h8By7zlkBhA, 2026-07-02T01:22:45+00:00, 2.2.24, Data collected via generic collector engine, House Agenda for Decision Making: https://www.capitol.hawaii.gov/Session2023/hearingnotices/HEARING_HET_03-20-23_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=QOY_BBLmgHw, 2026-07-02T01:23:02+00:00, 2.2.24, Data collected via generic collector engine, Conference Notices: CPN 1:30pm http://www.capitol.hawaii.gov/session2022/hearingnotices/CONF_CPN_04-22-22_RECONVENE_.pdf, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=9EQJHSA0yo0, 2026-07-02T01:23:02+00:00, 2.2.24, Data collected via generic collector engine, Conference Notices: WTL 1:30pm http://www.capitol.hawaii.gov/session2022/hearingnotices/CONF_WTL_04-22-22_.pdf, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=ElTuQ20L8Ss, 2026-07-02T01:22:38+00:00, 2.2.24, Data collected via generic collector engine, Followed by 10:30AM agenda: https://www.capitol.hawaii.gov/Session2022/hearingnotices/HEARING_CMV_03-16-22_2_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=z_kTJFxySjQ, 2026-07-02T01:22:57+00:00, 2.2.24, Data collected via generic collector engine, Agenda: http://www.capitol.hawaii.gov/session2022/hearingnotices/HEARING_AEN-WTL-EEP-AGR-WAL_02-25-22_INFO_.pdf, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=FNatamLh000, 2026-07-02T01:22:57+00:00, 2.2.24, Data collected via generic collector engine, Agenda: HMS 3:00 PM http://www.capitol.hawaii.gov/session2022/hearingnotices/HEARING_HMS_02-17-22_DEFER_.PDF, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=WeD28S1Y7ag, 2026-07-02T01:22:53+00:00, 2.2.24, Data collected via generic collector engine, Agenda: https://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_HTH-PSM-AEN-HHH-CMV-EEP_12-10-21_INFO_.pdf, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=HfNX7c2bxVA, 2026-07-02T01:22:35+00:00, 2.2.24, Data collected via generic collector engine, INFORMATIONAL BRIEFING Senator Lorraine R. Inouye, Co-Chair Rep. David A. Tarnas, Co- Chair, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=8SvTuR4TevU, 2026-07-02T01:22:35+00:00, 2.2.24, Data collected via generic collector engine, INFORMATIONAL BRIEFING Senator Lorraine R. Inouye, Co-Chair Rep. David A. Tarnas, Co- Chair, 910, house, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=898KUn8bJuM, 2026-07-02T01:22:51+00:00, 2.2.24, Data collected via generic collector engine, Agenda: EET 3:00 PM http://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_EET_04-09-21_.PDF, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=kz4lK12nTH0, 2026-07-02T01:22:51+00:00, 2.2.24, Data collected via generic collector engine, Agenda: LCA 3:00 PM http://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_LCA_04-09-21_.PDF, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=AcHi_eFfZaM, 2026-07-02T01:22:51+00:00, 2.2.24, Data collected via generic collector engine, Agenda: AEN 1:00 PM http://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_AEN_04-09-21_.PDF, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=tWbEto5U3nY, 2026-07-02T01:22:51+00:00, 2.2.24, Data collected via generic collector engine, Agenda: TRS 3:00 PM http://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_TRS_04-08-21_.PDF, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=bFt5RAc7hDQ, 2026-07-02T01:22:51+00:00, 2.2.24, Data collected via generic collector engine, Agenda: GVO 3:00 PM http://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_GVO_04-01-21_.PDF, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=s_LifA4rPkc, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, Agenda: WAM 9:40 AM http://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_WAM_03-29-21_.PDF, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=85SiLCs0KWY, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, Agenda: HRE 3:00 PM http://www.capitol.hawaii.gov/session2021/hearingnotices/HEARING_HRE_03-25-21_.PDF, 912, senate, all, 2.2.42, 2.1.47