Bill > HB542

This bill amends Kentucky Revised Statutes (KRS) 48.165, which governs how different branches of government submit their budget recommendations to the Kentucky General Assembly. The key change involves specifying that budget recommendations should be made on a fiscal year basis, replacing previous language that did not explicitly mention fiscal years. Specifically, the bill requires that when submitting budget recommendations, government branches must provide clear dollar amounts for expenses, and if all proceeds from a particular fund are being assigned to specific budget units, they must include an estimate of receipts for each budget unit for each year of the fiscal biennium (a two-year period). Additionally, the bill mandates that these estimated receipts be accompanied by receipts from the previous two fiscal bienniums. This amendment aims to provide more clarity and consistency in how government budgets are presented and evaluated by adding specific terminology about fiscal years to the existing budget recommendation process.