Page 1 of 1 LRC 2023-BR1336-HB442GA COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT LEGISLATIVE RESEARCH COMMISSION 2023 REGULAR SESSION MEASURE 2023 BR NUMBER 1336 HOUSE BILL NUMBER 442GA TITLE AN ACT relating to authorizing the payment of certain claims against the state which have been duly audited and approved according to law and have not been paid because of the lapsing or insufficiency of former appropriations against which the claims were chargeable or the lack of an appropriate procurement document in place, making an appropriation therefor, and declaring an emergency. SPONSOR Representative Jason Petrie 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: Appropriations Not Otherwise Classified FUND(S) IMPACTED: GENERAL ROAD FEDERAL RESTRICTED FISCAL ESTIMATES 2022-2023 2023-2024 ANNUAL IMPACT AT FULL IMPLEMENTATION REVENUES EXPENDITURES General Fund: $591,216.58 Road Fund: $135,749.10 Federal Funds: $1,159,877.05 NET EFFECT ($1,886,842.73) ( ) indicates a decrease/negative PURPOSE OF MEASURE: The measure authorizes payment of prior year claims against the state, which have been audited and approved by the Finance and Administration Cabinet. FISCAL EXPLANATION : Section 1 of the measure appropriates $513,325.02 from the General Fund, $135,749.10 from the Road Fund, and $1,159,877.05 from Federal Funds for a total of $1,808,951.17 for payments of claims against the state. Section 2 appropriates $77,891.56 from the General Fund for payment of State Treasury checks that were not presented for payment within a period of five years from the date of issuance as required by KRS 41.370 and 413.120. The total fiscal impact for both sections of the measure between all fund sources is $1,886,842.73. DATA SOURCE(S): LRC Staff PREPARER: Joey Holt NOTE NUMBER: 97 REVIEW: JAB DATE: 3/10/2023