Kansas 2023 2023-2024 Regular Session

Kansas House Bill HB2047 Introduced / Fiscal Note

                    Division of the Budget 
Landon State Office Building 	Phone: (785) 296-2436 
900 SW Jackson Street, Room 504 	adam.c.proffitt@ks.gov 
Topeka, KS  66612 	http://budget.kansas.gov 
 
Adam Proffitt, Director 	Laura Kelly, Governor 
Division of the Budget 
 
January 23, 2023 
 
 
 
 
The Honorable Ken Rahjes, Chairperson 
House Committee on Agriculture and Natural Resources 
300 SW 10th Avenue, Room 112-N 
Topeka, Kansas  66612 
 
Dear Representative Rahjes: 
 
 SUBJECT: Fiscal Note for HB 2047 by House Committee on Water 
 
 In accordance with KSA 75-3715a, the following fiscal note concerning HB 2047 is 
respectfully submitted to your committee. 
 
 HB 2047 would extend the maximum repayment period from 20 years to 30 years for loans 
from the Kansas Water Pollution Control Revolving Loan Fund that are initiated after July 1, 2023. 
 
 According to the Kansas Department of Health and Environment, enactment of HB 2047 
would result in higher revenues for loans paid over 30 years instead of 20 years because service 
fees are paid every six months based on the outstanding balance of the loan. An exact fiscal effect 
could not be estimated.  The Kansas League of Municipalities states that enactment of the bill 
could increase the amount of interest a municipality would pay, however, the increased timeframe 
to repay a revolving loan could provide additional funding for cities to use on other priorities.  Any 
fiscal effect associated with HB 2047 is not reflected in The FY 2024 Governor’s Budget Report.  
 
 
 
 
 	Sincerely, 
 
 
 
 	Adam Proffitt 
 	Director of the Budget 
 
 
cc: Amy Penrod, Department of Health & Environment 
 Wendi Stark, League of Kansas Municipalities