Page 1 of 1 LRC 2025-BR1871-HB635 COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT LEGISLATIVE RESEARCH COMMISSION 2025 REGULAR SESSION MEASURE 2025 BR NUMBER 1871 HOUSE BILL NUMBER 635 TITLE AN ACT relating to the establishment of a grant database. SPONSOR Representative Ashley Tackett-Laferty FISCAL SUMMARY STATE FISCAL IMPACT: YES NO UNCERTAIN OTHER FISCAL STATEMENT (S) THAT MAY APPLY: ACTUARIAL ANALYSIS LOCAL MANDATE CORRECTIONS IMPACT HEALTH BENEFIT MANDA TE STATE EMPLOYEE HEALTH PLAN IMPACT APPROPRIATION UNIT(S) IMPACTED: Finance and Administration Cabinet FUND(S) IMPACTED: GENERAL ROAD FEDERAL RESTRICTED FISCAL ESTIMATES 2024-2025 2025-2026 ANNUAL IMPACT AT FULL IMPLEMENTATION REVENUES EXPENDITURES - $2,500,000 $500,000 NET EFFECT - ($2,500,000) ($500,000) ( ) indicates a decrease/negative PURPOSE OF MEASURE: The purpose of this measure is to require the Finance and Administration Cabinet (FAC) to establish a grant database that will serve as a unified entry point for individuals and entities to access and review grants. This measure requires agencies report all state grants to FAC beginning December 1, 2025. This will ensure that grants are easily searchable and accessible and provide all pertinent information in relation to each grant. FISCAL EXPLANATION : The Cabinet has not responded to this specific request; however, an estimate for the creation of a similar database was estimated between $2 million and $2.5 million. The annual ongoing costs for this database are estimated at $500,000 for additional staff and the expenses related to updating and maintaining the database. DATA SOURCE(S): Finance and Administrative Cabinet, LRC Staff PREPARER: Jeremy Simpson NOTE NUMBER: 120 REVIEW: JMR DATE: 2/28/2025