Who supports the P3 Jobs bill?

The following list of organizations have encouraged Gov. Beshear to sign HB 407, the bipartisan P3 Jobs bill, into law. This law would bring Kentucky into line with our surrounding states by using innovative partnerships between government and private companies to create jobs. It protects taxpayers by shifting financial risk away from taxpayers and creates accountability by requiring all contracts to be publicly vetted and approved.

American Council of Engineering Companies of Kentucky
American Institute of Architects Kentucky (AIAKY)
Associated Builders and Contractors of Indiana and Kentucky (ABC)
Associated General Contractors of Kentucky (AGC)
Chamber Leadership Initiatives for Northwest Kentucky (C-LINK)
Commerce Lexington Inc.
Corbin Economic Development Agency
Greater Louisville Inc. (GLI)
Greater Owensboro Chamber of Commerce
Hardin County Chamber of Commerce
Homebuilders Association of Kentucky (HBAK)
Kentuckians for Better Transportation (KBT)
Kentucky Association of Counties (KACO)
Kentucky Association of Highway Contractors (KAHC)
Kentucky Association of Manufacturers (KAM)
Kentucky Association of REALTORS®
Kentucky Chamber of Commerce
Kentucky Chamber of Commerce Executives (KCCE)
Kentucky Fire Sprinklers Association
Kentucky Forest Industries Association
Kentucky League of Cities (KLC)
Kentucky Magistrates and Commissioners Association
Kentucky Motor Transport Association (KMTA)
Kentucky Network for Development, Leadership & Engagement  (KYNDLE)
Kentucky School Boards Association (KSBA)
Lexington Downtown Development Authority
Lexington Mayor Jim Gray
London-Laurel County Chamber of Commerce
Madisonville-Hopkins County Chamber of Commerce
National Federation of Independent Businesses – Kentucky (NFIB)
Murray-Calloway County Chamber of Commerce
Paducah Area Chamber of Commerce
Richmond Chamber of Commerce
Southeast Kentucky Chamber of Commerce
Southern Kentucky Chamber of Commerce
Woodford County Chamber of Commerce

UPDATED: Governor urged to sign P3 jobs bill

FRANKFORT, Ky. – Noting the importance of job creation and calling it the most significant jobs bill of 2014, 34 organizations from across the Commonwealth urged Gov. Beshear to quickly sign House Bill 407 into law. This legislation offers a new tool for our state and local governments that never existed before.

HB 407 will provide opportunities and fuel job growth by enabling the use of public-private partnerships – so called P3s – by state and local governments, creating a system in Kentucky that already exists in many states. A public-private partnership is a contract between a public entity, such as a state or local government, and a private business, under which the business builds a project or provides a service for the public. Any financial risk during the construction and/or operation of the project is assumed by the private business.

“This legislation will provide Kentucky companies with a number of opportunities to help state and local government entities deliver projects and services across the state,” noted Kentucky Chamber President Dave Adkisson. “HB 407 is, without question, the greatest bill to advance this session to support job creation in Kentucky.”

The numerous organizations also pointed out how P3 projects will protect taxpayers as projects are subject to a rigorous level of transparency. Additionally, the letter noted how this effort is an example of bipartisan cooperation. “HB 407 never got caught up in political gamesmanship or partisan bickering. Our legislative leaders worked together for the best solution to move forward this session and create jobs in the Commonwealth.”

Read the letter of support here: P3 coalition letter to Gov. Beshear

The list of supporters is growing daily! In addition to the letter from 34 business and civic organizations, others have directly communicated their support for House Bill 407.

Associated General Contractors (AGC)

Commerce Lexington

Greater Louisville, Inc.

Kentucky Chamber of Commerce

NEWKentucky Association of Highway Contractors

NEWKentucky League of Cities

Kentucky Network for Development, Leadership and Engagement (Kyndle)

Kentuckians for Better Transportation

Laborers-Employers Cooperation and Education Trust

Lexington Downtown Development Authority

Lexington Mayor Jim Gray

Southeast Kentucky Chamber of Commerce

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State budget highlights document available

Legislative leaders worked all night long Saturday and into the early hours of Sunday morning to hash out details of the state’s two-year budget. While all details of the budget are not yet available, click here for the 27-page budget highlight summary.

2014 budget highlights

Chamber applauds passage of P3 legislation

Calling it the greatest single piece of legislation to support job creation this session, Chamber President Dave Adkisson expressed his gratitude for Senate passage of House Bill 407, the Public-Private Partnership (P3) bill that has garnered the support of more than 30 business organizations across the Commonwealth. House Bill 407 passed the Senate Thursday with a bipartisan vote of 27-9; it now goes to the House for concurrence.

“We sincerely appreciate the swift action of the Senate to pass HB 407,” said Dave Adkisson. “Kentucky is one step closer to having the same job-creating structure as our surrounding states. By authorizing and encouraging P3s in Kentucky, more Kentucky-companies will have opportunities to help deliver projects and services for our citizens.”

HB 407 cleared the Senate with Chamber-supported amendments that were worked out with the bill sponsor Rep. Leslie Combs and the Senate champion for P3, Sen. Sara Beth Gregory. The Chamber is encouraging quick House concurrence to expedite this important issue.

“This legislation will provide Kentucky companies with a number of opportunities to help state and local government entities deliver projects and services across the state,” noted Adkisson. “House Bill 407 is, without question, the greatest bill to advance this session to support job creation in Kentucky.”

HB 407 would provide opportunities fuel job growth by enabling the use of public-private partnerships – so called P3s – by state and local governments, creating a system in Kentucky that already exists in many states. A public-private partnership is a contract between a public entity, such as a state or local government, and a private business, under which the business builds a project or provides a service for the public. Any financial risk during the construction and/or operation of the project is assumed by the private business.

What can the General Assembly accomplish?

Though it may seem like a rhetorical question to ask “What can the General Assembly accomplish?” in an election year, there is still a significant opportunity for several important measures to pass. That is the Kentucky Chamber’s message to the legislature.  In spite of 2014 being an election year, lawmakers have an opportunity to make the 2014 session of the General Assembly as success. Tuesday, the Chamber’s public affairs team delivered our most recent Legislative Brief: Still time for session to be successful! to all lawmakers. In the brief, we outline specific key pieces of legislation hanging in the balance as the session winds to a close. In addition, we delivered Where We Stand, a comprehensive list of bills for which we have taken a position based on our board-approved legislative agenda.

The Chamber calling on all members to help us urge passage of these critical issues. Citizens can leave a message for their lawmakers quickly and easily by calling 1-800-372-7181 or email their representatives from the Kentucky Chamber’s Public Affairs website.

New study makes the case for telecomm reform

A recently released study by the Digital Policy Institute at Ball State University, Telecom Regulatory Review: Kentucky 2014 (PDF), makes the case that Kentucky need to reform its outdated telecommunication laws.  The study finds that Kentucky’s economy will greatly benefit from removing barriers that delay capital investment in our telecommunications system. In the report, the authors point to SB 99 and how, through its passage, Kentucky can finally begin modernizing its telecommunications policies to sooner realize the benefits that will strengthen and diversify the state’s economy.

The Kentucky Chamber has long supported telecommunications reform to increase investment in technology that is critical for businesses to thrive in the modern economy. Currently Senate Bill 99 has passed the full Senate and a House committee and is waiting for a vote by the full House. Leave a message for your state representative at 1-800-372-7181 to encourage them to pass SB 99 this session.

Budget amended in Senate; conference committee to begin soon

The biennial budget passed the Senate Monday. The Senate budget made a number of changes to reflect their priorities. It adjusted funding for a number of education priorities to restore the 2.5% cuts to higher education. Their budget also reduced the state’s debt burden and structural imbalance significantly. Now a group of Senators and Representatives will convene in a conference committee to work out the differences between the House and Senate budgets. For a breakdown of the key differences between the executive, House and Senate budget, click here.

 

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