2006 Kentucky Revised Statutes - .300   Adoption of budget bill -- Budget memorandum.

48.300 Adoption of budget bill -- Budget memorandum. (1) The financial plan for each fiscal year as presented in a branch budget recommendation shall be adopted, with such modifications as are made by the General Assembly, by the passage of a budget bill and such revenue and other acts as are necessary for the purpose. (2) Prior to the passage of a branch budget bill and any other acts necessary, the appropriations committees of the General Assembly shall prepare a budget memorandum. The budget memorandum shall enumerate the changes made by the appropriations committees in a branch budget recommendation, and shall explain such changes in detail sufficient to convey the intent of the appropriations committees. (3) In administering the provisions of a branch budget bill, a branch head shall interpret provisions of the branch budget bill in conformity with the budget memorandum. Effective: June 21, 2001 History: Amended 2001 Ky. Acts ch. 58, sec. 5, effective June 21, 2001. -- Amended 1990 Ky. Acts ch. 507, sec. 13, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 410, sec. 4, effective July 13, 1984. -- Created 1982 Ky. Acts ch. 450, sec. 21, effective July 1, 1983.