1. (1)

   1. (a) By June 1, 2024, and the first day of each month thereafter, the cabinet shall submit a report on eligible project applications to the Governor and the Senate Standing Committee on Appropriations and Revenue and the House Standing Committee on Appropriations and Revenue, or the Interim Joint Committee on Appropriations and Revenue, and make the reports available on the cabinet's website.
   2. (b) The monthly report shall be a summary of the eligible project applications and shall include but not be limited to the following: 1. A list of all eligible grant applications received; 2. 3. 4. The identity of applicants who were not selected for the obligation of funds; Trends found in feedback given to applicants who were not selected for the obligation of funds; and For each submitted eligible grant application: a. The eligible use of funds and project for which funds are requested; The date of submission; b. c. A description of the federal grant funds applied for by the applicant; d. A description of the title, subject matter, preliminary evaluation, e. f. g. and scoring tally of the eligible grant application; The date of the cabinet's preliminary evaluation; The amount requested, and the amount approved or denied; and The date of the cabinet's final decision on obligation of the match funds, the date of the federal grant approval or denial, and whether the eligible project was approved or denied.

2. (2) By November 1, 2024, and annually thereafter until November 1, 2028, the cabinet shall prepare an annual report of the GRANT Program to be submitted to the Governor and the Interim Joint Committee on Appropriations and Revenue and made available on the cabinet's website. The annual report shall include but not be limited to the following:

   1. (a) A summary of the monthly reports and the eligible grant applications received and relevant statistics relating to actions taken by the cabinet and grants awarded, including the applicant, award amount, and the purpose of the funding;
   2. (b) The current balance of the GRANT Program fund;
   3. (c) Recommendations regarding appropriations to the GRANT Program fund for the upcoming fiscal year; and
   4. (d) Recommendations for legislation or policy actions needed to facilitate greater receipt of grant funding to eligible grant applicants.

Effective: April 13, 2026

History: Amended 2026 Ky. Acts ch. 115, sec. 5, effective April 13, 2026. -- Amended 2025 Ky. Acts ch. 71, sec. 6, effective March 24, 2025. -- Created 2024 Ky. Acts ch. 188, sec. 7, effective April 12, 2024.