The long-anticipated measure was filed on Tuesday with House
Speaker Greg Stumbo as co-sponsor.
Combs, who represents the Pikeville area in the House, said the
proposal is the legislature's best shot at raising the
college-graduation rate in the Appalachian region.
Stumbo said Kentucky would be getting a good deal by investing
about $12 million a year and getting more than $170 million worth
of facilities that the private university would turn over to the
state.
The funding would come from an existing tax on coal mined in the
mountains of eastern Kentucky.
(Copyright 2012 by The Associated Press. All Rights Reserved.)
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