republic-os/legislation/us/states/ky/2024rs/hb-635.md

---
type: "Bill"
title: "AN ACT relating to fiscal impact statements."
description: "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."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2024RS"
identifier: "HB 635"
citation: "Kentucky HB 635 (2024RS)"
classification: ["bill"]
subjects: ["Crimes and Punishments", "Fiscal Note", "General Assembly", "Insurance", "Health", "Jails and Jailers", "Police", "City and County", "Police", "State", "Retirement and Pensions", "State Agencies"]
status: "enacted"
primary_sponsors: ["D. Meade", "K. Moser"]
version_count: 3
action_count: 21
vote_count: 2
first_action: "2024-02-21T05:00:00+00:00"
last_action: "2024-04-04T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/2b1feba7-6533-4538-b06a-625cacfe0e55"
source_url: "https://apps.legislature.ky.gov/record/24RS/hb635.html"
source_hash: "77cbbd33f72524e1e62e17b874ec3c237668034a6013365e6eee0e118f8b85eb"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ky"]
---

# Kentucky HB 635 (2024RS) — AN ACT relating to fiscal impact statements.

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.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/24RS/hb635/orig_bill.pdf)
2. **Acts Chapter 58** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/24RS/documents/0058.pdf)
3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/24RS/hb635/bill.pdf)

## Votes

- Pass — **pass** (pass) · lower
- PASS HB 635 — **pass** (pass) · lower

## Sponsors

- D. Meade — primary (person)
- K. Moser — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-02-21T05:00:00+00:00** introduced in House `introduction`
- **2024-02-21T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
- **2024-02-23T05:00:00+00:00** to Appropriations & Revenue (H) `referral-committee`
- **2024-03-05T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
- **2024-03-06T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2024-03-06T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Thursday, March 07, 2024
- **2024-03-07T05:00:00+00:00** 3rd reading, passed 95-0 `passage, reading-3`
- **2024-03-08T05:00:00+00:00** received in Senate
- **2024-03-08T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
- **2024-03-11T04:00:00+00:00** to State & Local Government (S) `referral-committee`
- **2024-03-26T04:00:00+00:00** taken from State & Local Government (S)
- **2024-03-26T04:00:00+00:00** 1st reading `reading-1`
- **2024-03-26T04:00:00+00:00** returned to State & Local Government (S)
- **2024-03-27T04:00:00+00:00** reported favorably, 2nd reading, to Rules as a consent bill `committee-passage`
- **2024-03-28T04:00:00+00:00** posted for passage in the Consent Orders of the Day for Thursday, March 28, 2024
- **2024-03-28T04:00:00+00:00** 3rd reading, passed 38-0 `passage, reading-3`
- **2024-03-28T04:00:00+00:00** received in House
- **2024-03-28T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
- **2024-03-28T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
- **2024-03-28T04:00:00+00:00** delivered to Governor
- **2024-04-04T04:00:00+00:00** signed by Governor (Acts Ch. 58) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2b1feba7-6533-4538-b06a-625cacfe0e55`. Confidence: reported (aggregated from official Kentucky legislature records).