Senate passes bill to authorize public-private partnerships
(AP) — The Kentucky Senate
has passed a bill that would authorize use of public-private partnerships for
mega-dollar transportation work and other projects.
Senate vote on Thursday sends the bill back to the state House. Rep.
Leslie Combs, the bill's lead sponsor, says she'll urge the House to accept
Senate changes and send the measure to Gov. Matt Bevin.
promoted the so-called "P-3" legislation for several years.
would sanction ventures partnering state and local governments with
private sources. As part of the arrangements, a private company could
construct, finance or operate a public facility.
say it's an option to pay for big-ticket projects that the state or
local governments can't afford.
warn it would transfer basic government responsibilities to private sources.