Public private partnerships provide an important tool for our state and local governments. A public private partnership (P3) is a contractual agreement between a public agency and a private-sector entity to deliver a service or provide a facility for use by the general public.
Public-private partnerships (P3s) mean more private sector jobs with fewer tax dollars expended. The Kentucky Chamber is pushing legislation to create more business opportunities with House Bill 309 and Senate Bill 132 to do what all of our surrounding states have already done – authorize public-private partnerships. HB 309 passed the House in an overwhelming fashion several weeks ago. Leave a message for your Senator at 1-800-372-7181 and urge them to VOTE YES ON P3 legislation or click here to find their contact information.
This bill creates a clear process for P3’s to ensure an even playing field with oversight and taxpayer protection.
ASK YOUR SENATOR:
Please Support a comprehensive P3 bill and let it get a full vote in the Senate. P3 is a bill that will move Kentucky forward on important investments that would create jobs, complete necessary infrastructure projects, efficiently serve the public, create a transparent process and most importantly protect taxpayer dollars.
Click here to CONTACT your Senator and ask them to support SB 132 and HB 309.