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AN ACT relating to fiscal impact statements.

It became law on Apr 4, 2024.

KY HB 635 · House Bill · 2024RS

Stage
Became law
Started in
House
Sponsors
2
Latest action
Apr 4, 2024

What it does

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…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 4, 2024

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Kentucky.

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AN ACT relating to fiscal impact statements. | 52