Page 1 of 1 LRC 2022-BR298-HB274
COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT
LEGISLATIVE RESEARCH COMMISSION
2022 R EGULAR SESSION
MEASURE
2022 BR NUMBER 298 HOUSE BILL NUMBER 274
TITLE AN ACT relating to transportation improvement districts.
SPONSOR Representative Sal Santoro
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: The purpose of the measure is to create a legal framework for
transportation improvement districts. These districts consist of one to three counties and exist to
construct, maintain, and improve certain transportation-related projects.
FISCAL EXPLANATION : The measure is permissive and does not require the formation of
any transportation improvement districts. The measure also permits the Transportation Cabinet to
take part in certain demonstration projects but does not require their participation. As such, there
is no fiscal impact to the state.
DATA SOURCE(S): LRC staff
PREPARER: David Talley NOTE NUMBER : 44 REVIEW: JAB DATE: 2/7/2022