Page 1 of 1 LRC 2023-BR450HB9
COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT
LEGISLATIVE RESEARCH COMMISSION
2023 REGULAR SESSION
MEASURE
2023 BR NUMBER 450 HOUSE BILL NUMBER 9
TITLE AN ACT relating to economic relief for local communities of the Commonwealth.
SPONSOR Representative Richard Heath
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: The purpose of the measure is to allow the Department for Local
Government (DLG) to partner with The Kentucky Council of Area Development Districts
(KCADD) to create and administer the Government Resources Accelerating Needed
Transformation (GRANT) Program. This program will help Area Development Districts apply
for and match grants for public benefit improvements.
FISCAL EXPLANATION : DLG has stated that the costs to promulgate regulations and set up
the required administration would be indeterminable but significant. DLG would also require an
indeterminate number of full-time equivalent employees to help administer this program.
However, since all the funds needed for the GRANT Program are going to come from the
GRANT Program Fund, and no appropriation was included for that Fund in the bill, this bill
would have no fiscal impact.
DATA SOURCE(S): DLG and Staff
PREPARER: Justin Perry NOTE NUMBER: 69 REVIEW: JAB DATE: 3/6/2023