Will Beshear sign Senate's defund language and then ignore it?

I talked with Perry Bacon of MSNBC this afternoon about the Kentucky ObamaCare fiasco. He has been talking to Gov. Beshear and House and Senate leaders about the budget and particularly the ObamaCare element of it. He seems to think Democrats will pass and Beshear will sign Senate Republicans' defunding language and then proceed as if its prohibitions against spending state funds on ObamaCare do not exist.

Kentucky is already spending General Fund dollars on administrative costs directly related to the Medicaid expansion. The federal ObamaCare law requires state funds to finance all ObamaCare exchange costs starting January 1, 2015. And when HB 505 dies on April 15, so will any possibility of legislative approval of the Kentucky Health Benefit Exchange.