Page 1 of 1 LRC 2024-BR487-HB464
COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT
LEGISLATIVE RESEARCH COMMISSION
2024 REGULAR SESSION
MEASURE
2024 BR NUMBER 487 HOUSE BILL NUMBER 464
TITLE AN ACT relating to school district property and declaring an emergency.
SPONSOR Representative Killian Timoney
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
2023-2024 2024-2025 2025-2026 ANNUAL IMPACT AT
FULL
IMPLEMENTATION
REVENUES
EXPENDITURES
NET EFFECT
( ) indicates a decrease/negative
PURPOSE OF MEASURE: The purpose of the measure is to simplify the process for local
school boards to obtain approval for buildings and additions, to clarify the approval process for
land purchases, and to make various technical corrections.
FISCAL EXPLANATION : There is no fiscal impact to the state.
DATA SOURCE(S): LRC Staff
PREPARER: David Talley NOTE NUMBER : 74 REVIEW: JB DATE: 2/23/2024