A bill that would permit private corporations to partner with government to finance infrastructure projects is one step closer to becoming law.
Filed by Rep. Leslie Combs, House Bill 407 passed the Senate by a 27-9 vote, and would allow local governments to partner with businesses to fund infrastructure projects.
Dissenting members worried that the legislation would afford private companies too much influence on public projects, and expressed concern over accountability of the process.
Sen. Perry Clark cited a Brookings Institute study that says public private partnerships, or “P3’s,” aren’t all they’re cracked up to be.
“They have over a two-thirds failure rate," the Louisville Democrat said. "Of the construction roads, they looked at 11 of them that were completed, seven of those ended in bankruptcy, and several of them ended in foreclosure. Oftentimes it was at great cost to the taxpayers that had to foot the difference.”
A special election will be held in southern Kentucky next month to fill the unexpired House term of Sara Beth Gregory who was elected to the state Senate last month.
Governor Beshear set the election for February 12th for the 52nd House District which includes Wayne and McCreary counties and part of Pulaski County. Gregory won a special election to serve the remainder of former Senate President David Williams' term after Williams resigned to accept a circuit judge appointment by the governor.
The House seat left vacant by Gregory, a Monticello Republican, runs through the end of this year. Party officials will choose nominees for the seat.
Republican state Rep. Sara Beth Gregory has won a special election for a Senate seat from southern Kentucky, defeating Williamsburg teacher and Democrat Bill Conn by more than a 4-1 margin to replace former Sen. David Williams.
In unofficial returns from Tuesday's balloting, Gregory received 6,244 votes to 1,440 for Conn, who was making his first run for public office.
The heavily Republican 16th District includes Clinton, Cumberland, McCreary, Monroe, Wayne and Whitley counties, along the southern Kentucky border. Gregory, an attorney, was elected last year to represent the 52nd House District that covers McCreary and Wayne counties and part of Pulaski County and won a second term on Nov. 6.
Democrats and Republicans have nominated candidates to run for an open Senate seat in southern Kentucky. The Lexington Herald-Leader reports that officials from each political party had separate meetings on Thursday and approved the nominations of Republican state Rep. Sara Beth Gregory of Monticello and Democrat Bill Conn, a teacher in Williamsburg who is making his first run for public office.
Gov. Steve Beshear has scheduled an election for Dec. 18 to replace former state Sen. David Williams in southern Kentucky's 16th District. Two potential candidates have already announced they will seek the Republican nomination for the seat left vacant when Williams accepted an appointment to become a circuit judge.