Page 1 of 1 LRC 2022-BR967-HB123
COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT
LEGISLATIVE RESEARCH COMMISSION
2022 R EGULAR SESSION
MEASURE
2022 BR NUMBER 967 HOUSE BILL NUMBER 123
TITLE AN ACT relating to relating to public contracts.
SPONSOR Representative Savannah Maddox
FISCAL SUMMARY
STATE FISCAL IMPACT: YES NO UNCERTAIN
OTHER FISCAL STATEMENT (S) THAT MAY APPLY: ACTUARIAL ANALYSIS
LOCAL MANDATE CORRECTIONS IMPACT HEALTH BENEFIT MANDATE
APPROPRIATION UNIT(S) IMPACTED:
FUND(S) IMPACTED: GENERAL ROAD FEDERAL RESTRICTED
FISCAL ESTIMATES 2021-2022 2022-2023 2023-2024 ANNUAL IMPACT AT FULL
IMPLEMENTATION
REVENUES
EXPENDITURES
NET EFFECT
( ) indicates a decrease/negative
PURPOSE OF MEASURE: House Bill 123 prohibits any governmental body or political
subdivision of the Commonwealth from entering into contracts over $100,000 with a company
that has ten or more employees and discriminates, as defined in the measure, against firearms
entities or firearm trade associations.
FISCAL EXPLANATION : The practice of non-economic prohibitions on state purchasing or
contracting, otherwise known as preference programs or policies, can restrict competition and
result in higher costs to procuring entities. The number of companies that would be prohibited
from entering into contracts with the Commonwealth under the measure’s criteria is uncertain;
and thus, the corresponding potential decreases in competition and increases in contract costs to
the Commonwealth as a result of the prohibition are indeterminable, but likely nominal.
DATA SOURCE(S): LRC staff
PREPARER: Liz Columbia NOTE NUMBER: 145 REVIEW: JAB DATE: petr