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Kentucky appropriates $150 million for university endowed research fund

Original title: AN ACT relating to the endowed research fund, making an appropriation therefor, and declaring an emergency.

Last action · March 12, 2026: to Appropriations & Revenue (H)Sponsors: R. Stivers and 1 other

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Kentucky appropriates $150 million in moneys for 2026-2027 to the endowed research fund, distributing the funds evenly across five consortium accounts with immediate effect upon enactment.

Why it matters

The measure injects $150 million into state university research accounts starting in 2026-2027, with unspent funds carrying over across fiscal years rather than returning to the state budget.

Background
  • The endowed research fund was previously established under KRS 164.038 to support research consortium activities across Kentucky universities. context

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

state universities

State universities receive a share of the $150 million appropriated across the five consortium accounts for research.

Indirectly affected

Kentucky citizens

Kentucky citizens experience changes in economic opportunities and research excellence stemming from university programs funded by the Act.

Key Facts

  • Appropriates $150,000,000 in General Fund moneys in fiscal year 2026-2027 to the endowed research fund established in KRS 164.038.
  • Requires funding to be evenly distributed across the five consortium accounts created in KRS 164.038(1)(g).
  • Specifies that moneys in the endowed research fund at the close of a fiscal year shall not lapse but shall be carried forward to the next fiscal year in accordance with KRS 164.038(1)(e).

Frequently Asked Questions

How much money does this bill appropriate and when?
The bill appropriates $150,000,000 in moneys in 2026-2027.
What happens to unspent funds at the end of the fiscal year?
Moneys in the endowed research fund at the close of a do not and are carried forward to the next fiscal year.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died at adjournment · passed the Senate · in House committee.

Procedural history

8 actions
  1. Mar 12, 2026HouseCommittee
    to Appropriations & Revenue (H)
  2. Mar 11, 2026HouseIntroduced
    received in House to Committee on Committees (H)
  3. Mar 10, 2026SenateFloor
    3rd reading, passed 38-0
  4. Mar 6, 2026Senate
    posted for passage in the Regular Orders of the Day for Tuesday, March 10 2026
  5. Mar 5, 2026SenateFloor
    2nd reading, to Rules
  6. Mar 4, 2026Senate
    reported favorably, 1st reading, to Calendar
Show 2 earlier actions
  1. Feb 25, 2026SenateCommittee
    to Appropriations & Revenue (S)
  2. Jan 28, 2026SenateIntroduced
    introduced in Senate to Committee on Committees (S)

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

R. StiversSenatePrimary sponsorNo profile match

Connected Entities

General Fund, General Assembly, endowed research fund
OrganizationGeneral Fund“source of appropriated moneys”Map →
OrganizationGeneral Assembly“enacting body for the Commonwealth of Kentucky”Map →
Organizationendowed research fund“recipient fund established in KRS 164.038”Map →

Sources

Open source document

apps.legislature.ky.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 80)
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz40
    Current news / social attention level

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