Page 1 of 1 LRC 2023-BR1550-HB562 COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT LEGISLATIVE RESEARCH COMMISSION 2023 REGULAR SESSION MEASURE 2023 BR NUMBER 1550 HOUSE BILL NUMBER 562 TITLE AN ACT relating to branch budget bills. SPONSOR Representative David Osborne 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 2022-2023 2023-2024 ANNUAL IMPACT AT FULL IMPLEMENTATION REVENUES EXPENDITURES NET EFFECT ( ) indicates a decrease/negative PURPOSE OF MEASURE: HB 562 amends KRS 48.310, relating to branch budget bills, to make technical corrections. FISCAL EXPLANATION : This bill has no fiscal impact. DATA SOURCE(S): LRC Staff PREPARER: Amie Elam NOTE NUMBER : 56 REVIEW: JAB DATE: 2/26/2023