Bill > HB6

This bill: - Details the operating budget, capital projects budget, general provisions, state salary/compensation and employment policies, funds transfers, budget reduction plans, surplus expenditure plans, and Phase I tobacco settlement funding for the 2024-2026 fiscal biennium. Key provisions include: - Appropriating funds for various state agencies, programs, and services, including education, health and human services, public safety, and economic development. - Authorizing capital projects and bond funding for infrastructure, facility upgrades, and other one-time expenditures. - Establishing budget reduction and surplus expenditure plans to address potential revenue shortfalls or surpluses. - Continuing the allocation of Phase I tobacco settlement funds for agricultural development, early childhood programs, and health care initiatives. - Providing across-the-board salary increases for eligible state employees. - Authorizing changes to state employee health insurance and retirement contribution rates. Overall, this comprehensive bill sets the fiscal framework and spending priorities for the Commonwealth of Kentucky over the next two years.

Budget and Finance

https://apps.legislature.ky.gov/record/24RS/hb6.html