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WULF News

Governor’s office launches Facts and Fiscal Notes web page for 2025 General Assembly session

todayFebruary 10, 2025 19

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Kentuckians have a new tool to help them follow along with the 2025 General Assembly session.

“It’s important for everyone to know how much any bill cuts or impacts the state budget, so in our commitment to transparency and making sure you know how much legislation costs, today we’re announcing a new website where we will post fiscal notes on proposed legislation to make sure that the public can stay aware of what proposed changes could cost you,” said Kentucky Governor Andy Beshear during last Thursday’s Team Kentucky Update.

The 2025 Facts and Fiscal Notes web page includes a breakdown of each bill with a financial impact on Kentuckians, along with estimates based on information from the Kentucky Legislative Research Commission.

“Visit governor.ky.gov to see each fiscal note produced, and we will update it regularly,” Beshear said. “Stay involved, stay informed, and let’s keep moving our commonwealth forward.”

The governor discussed the web page when discussing his signing of House Bill One, which reduces the state’s income tax next year to 3.5 percent.

Written by: 94.3 The Wolf

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WULF News

Beshear signs income tax reduction bill

Kentuckians will see a reduction in their income tax rate next year after Governor Andy Beshear on Thursday signed House Bill One into law. “The bill lowers the income tax to 3.5 percent next January without cutting any of the state programs that Kentuckians are dependent on,” said Kentucky House District 25 Representative Steve Bratcher. “Economists estimate the cut will leave $718 million in paychecks and pocketbooks in the first […]

todayFebruary 10, 2025 140

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