A bill allowing most of Kentucky's public universities to start more than $360 million in bonding projects has officially cleared both legislative chambers.
The Senate passed the bill 36-1 Wednesday, with Sen. John Schickel, a Union Republican, as the lone dissenting vote.
The bill allows six of the state's eight public universities to start projects such as dorm renovations, construction of academic buildings and renovation of Commonwealth Stadium.
The plan includes $22 million in bonds for a new Honors College and international center at WKU.
A proposal to allow six of Kentucky's public universities to start more than $360 million in infrastructure projects overwhelming passed the House Thursday afternoon, 97-1.
House Bill 7 allows the universities to issue their own agency bonds to build new dorms, academic buildings and other improvements, including a stadium renovation at the University of Kentucky.
The plan also includes $22 million in bonds for a new Honors College and international center at WKU.
House budget chairman Rick Rand, a Democrat from Bedford, is the sponsor of the bill and told his colleagues that no state money would be used for the projects.
"This bill does not take any General Fund dollars, zero General Fund dollars," Rand said. "It will be all agency funds and restricted funds from the universities."