Summary of Original Version

Amend KRS 48.210, relating to branch budget bills, to require the Transportation Cabinet to provide assistance to the General Assembly during the budgeting process.

Summary of Amendment: House Committee Substitute 1

Summary Delete original provisions; create a new section of KRS Chapter 39A to define terms; establish the State Aid Funding for Emergencies 4860 fund; establish eligibility to receive financial support from the fund; establish eligible expenses for reimbursement; require repayment of moneys if a recipient subsequently receives moneys from any other source; mandate reporting by the Office of State Budget Director and the Department of Education; amend 2024 Kentucky Acts Chapter 175 to transfer certain remaining appropriations to the SAFE 4860 fund; APPROPRIATION; EMERGENCY.

Summary of Amendment: House Committee Amendment 1 -- J. Petrie

Summary Make title amendment.

Summary of Amendment: Senate Committee Substitute 1

Summary Retain original provisions; amend the executive branch budget to allow up to $100 million for the 2024-2026 fiscal biennium to be paid from the General Fund Surplus Account or the Budget Reserve Trust Fund Account as necessary government expenses for declared emergencies; APPROPRIATION.

Statutes affected:
Introduced: 48.210