HB 635

  • Kentucky House Bill
  • 2024 Regular Session
  • Introduced in House Feb 21, 2024
  • Passed House Mar 07, 2024
  • Passed Senate Mar 28, 2024
  • Signed by Governor Apr 04, 2024

AN ACT relating to fiscal impact statements.

Abstract

Amend KRS 6.350 to require an actuary performing an actuarial analysis to clearly note and describe a new assumption or method and the basis for selecting the assumption or method, including any documentation, studies, written opinions, calculations, or citations in support; require the actuary certify that the information provided in the analysis is accurate; amend KRS 6.948 to require the commissioner of the Department of Insurance to include in a fiscal impact statement any documentation, studies, written opinions, calculations, and citations in support of his or her findings and conclusions and include in the statement an estimate of any potential future cost savings, including an explanation why the bill would or would not provide future cost savings; require the commissioner to certify that the information provided in the fiscal impact statement is accurate; amend KRS 6.949 to require the commissioner of the Department of Corrections to include in a corrections impact statement any documentation, studies, written opinions, calculations, and citations in support of the department's findings and conclusions, an estimate of any potential future cost savings, if not already included in a statement, and certification by the commissioner that the information provided in the statement is accurate.

Bill Sponsors (2)

Votes


Actions


Apr 04, 2024

House

signed by Governor (Acts Ch. 58)

Mar 28, 2024

House

delivered to Governor

Senate

enrolled, signed by President of the Senate

House

enrolled, signed by Speaker of the House

House

received in House

House

3rd reading, passed 38-0

House

posted for passage in the Consent Orders of the Day for Thursday, March 28, 2024

Mar 27, 2024

House

reported favorably, 2nd reading, to Rules as a consent bill

Mar 26, 2024

Senate

taken from State & Local Government (S)

House

1st reading

Senate

returned to State & Local Government (S)

Mar 11, 2024

Senate

to State & Local Government (S)

Mar 08, 2024

Senate

to Committee on Committees (S)

Senate

received in Senate

Mar 07, 2024

House

3rd reading, passed 95-0

Mar 06, 2024

House

posted for passage in the Regular Orders of the Day for Thursday, March 07, 2024

House

2nd reading, to Rules

Mar 05, 2024

House

reported favorably, 1st reading, to Calendar

Feb 23, 2024

House

to Appropriations & Revenue (H)

Feb 21, 2024

House

to Committee on Committees (H)

House

introduced in House

Bill Text

Bill Text Versions Format
Current/Final PDF
Introduced PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Kentucky General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.