OFM Services and Support

Kentucky Private Activity Bond Allocation Committee

Pursuant to HB 42, passed during the 2006 Regular Session of the Kentucky General Assembly, the review and approval of redevelopment projects that qualify under KRS 103.200 are transferred to the Department for Local Government.

Redevelopment project applicants are now required to submit all application materials and direct inquiries to the State Local Debt Officer.


KRS 103.200,​ KRS 103.2101​KRS 103.282KRS 103.286, 200 KAR 15:010​

US Code: Office of the Law Revision Counsel of the U.S. House of Representatives
26 USC Subtitle A, CHAPTER 1, Subchapter B, PART IV, Subpart A: Private Activity Bonds​



Secretary of the Finance and Administration Cabinet (Chairman)
Secretary of the Cabinet for Economic Development
State Budget Director
State Controller
Secretary of the Governor's Executive Cabinet

Scheduled Meetings:

As needed

Meeting Documentation

Agendas and Minutes

Current Year Cap Information

CY2021 Volume Cap Notification​​ ​​1/08/2021

Prior Years Cap Information

2020 Kentucky Volume Cap Summary​​​

2006-2019 Kentucky Volume Cap Information

Recovery Zone Bonds



To ensure compliance with federal regulations relative to debt ceiling on "private activity" bonds.


Notice of Intent (Application)

Notice of Issuance (Form)

Notice of Issuance (Fill-in Form to Print)

OFM Relationship:

Complete staff​​​​​​

Billy Aldridge 

Office of Financial Management
Room 76, Capitol Annex
Frankfort, Kentucky 40601