KRS 6.970: Fiscal note information system on local government's financial condition.

The Legislative Research Commission shall be responsible for compiling, analyzing, and

collecting fiscal and other information from local governments necessary for the

preparation of fiscal notes. An information system shall be developed and designed to

provide sufficient continuing information on the financial condition of local government

which can be readily utilized for the preparation of fiscal notes. In the development of this

information system, the Legislative Research Commission shall:

(1) Compile, analyze, and maintain in a unified, concise, and orderly form, information

on the nature and impact of existing state mandates and state programs which

involve the distribution of funds to local government; and

(2) Continuously compile, analyze, and maint ain fiscal and other relevant information

which is required by statute or regulation to be prepared by local governments.