Kentucky 2024 Regular Session

Kentucky Senate Bill SB286

Introduced
2/26/24  
Refer
2/26/24  

Caption

AN ACT relating to economic development.

Impact

The implications of SB286 are significant for state economic development efforts. By formalizing the selection process for the cabinet secretary, the bill seeks to enhance the quality of leadership within the cabinet, which is pivotal for fostering economic growth and development in Kentucky. The requirement for a nationwide search may attract highly qualified candidates, thereby potentially improving the effectiveness and efficiency of economic development initiatives in the state. Moreover, this structured approach is likely to bring greater transparency and accountability to the appointment process.

Summary

Senate Bill 286 aims to amend the Kentucky Revised Statutes regarding the selection and appointment of the secretary of the Cabinet for Economic Development. This bill stipulates that the board responsible for selecting the secretary must set the qualifications for the role and employ a national search firm to conduct a nationwide search for candidates. The board will then present three candidates to the Governor, who has the discretion to choose one of them or request additional candidates if none meet the criteria. This process is intended to ensure that the appointed secretary has significant experience and a reputable background in economic development.

Sentiment

Overall, the sentiment surrounding SB286 appears to be positive among proponents who believe that a rigorous selection process will lead to better governance in the area of economic development. Supporters argue that the bill reflects a commitment to improving Kentucky’s economic landscape through careful consideration of leadership. However, there may be concern from those who view the added requirements as a potential barrier to swift decision-making in appointing a cabinet secretary, emphasizing the need for balancing thoroughness with efficiency.

Contention

Notably, one point of contention could stem from the Governor's authority to reject the initial list of candidates and request more, which may raise concerns about the politicization of the appointment process. Critics might argue that this could allow for excessive influence from the Governor's office, potentially undermining the intent to appoint highly qualified candidates based solely on merit and experience. Additionally, some stakeholders may debate the necessity of a national search versus a focus on local candidates who might have a better understanding of Kentucky's unique economic landscape.

Companion Bills

No companion bills found.

Previously Filed As

KY SB176

AN ACT relating to economic development.

KY HB382

AN ACT relating to economic development.

KY SB220

AN ACT relating to economic development.

KY HB566

AN ACT relating to economic development.

KY HB313

AN ACT relating to economic development.

KY HB303

AN ACT relating to economic development.

KY SB221

AN ACT relating to economic development.

KY HB152

AN ACT relating to an economic development taxpayer transplant program.

KY HB45

AN ACT relating to economic fiscal matters.

KY HB561

AN ACT relating to economic development.

Similar Bills

No similar bills found.