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From YouTube: Senate Standing Committee on Appropriations and Revenue (2-24-22) -Upon Adj. of (S) VMAPP
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B
A
All
right
being
duly
constituted
to
him
a
quorum
be
duly
constituted
to
conduct
business,
we're
ready
to
go
first.
We
want
to
make
a
note.
A
Today
is
the
last
day
in
lrc
for
grant
minix
sitting
right
over
here
to
my
right
since
may
he's
been
the
graduate
fellow
assigned
to
the
a
r
committee
staff
he's
done
several
research
projects
for
us,
including
assisting
with
paramutual
wage
wage
arena,
taxation
task
force
and
being
the
primary
drafter
of
that
final
report,
he's
graduating
from
eku
in
may,
with
a
masters
of
public
administration,
with
a
concentration
in
community
development
and
he's
accepted
a
position
with
the
council
of
state
governments
so
grant.
A
A
The
other
item
on
the
agenda
today
is
senate
bill
194.
There
is
a
committee
substitute
to
that
bill
that
is
in
the
members
packets.
A
At
this
time
I
will
entertain
a
motion
on
the
committee
substitutes
by
senator
meredith.
Do
I
have
a
second
by
senator
nemes,
all
those
in
favor
signify
by
saying
aye,
the
committee
substitute
is
adopted
since
I'm
the
sponsor
I'll
speak
to
it
from
up
here
across
the
commonwealth
and
across
the
nation.
There's
a
pretty
big
problem
right
now,
as
the
bureau
of
labor
statistics
reported
most
recently,
our
inflation
rate
is
at
a
40-year
high
of
seven
and
a
half
percent
for
the
average
family.
A
However,
today,
with
senate
bill
194,
we
are
doing
just
that
in
addressing
those
that
biggest
issue
of
inflation
in
the
urban
areas
of
kentucky,
and
I
want
to
put
a
quick
plug
in
here.
If
you
want
to
to
read
what
to
me,
is
one
of
the
most
informative
documents
in
the
commonwealth.
The
annual
economic
report
that
comes
out
from
the
university
of
kentucky
authored
by
dr
clark,
who
used
to
be
here
with
us,
probably
has
some
of
the
best
data
for
public
finance
people
that
you
can
imagine
for
the
urban
areas
in
our
state.
A
A
The
median
household
income
in
the
commonwealth
for
a
household
with
two
working
parents
is
fifty
five
thousand
seven
hundred
and
sixty
dollars.
In
kentucky.
We
take
six
point:
three
percent
of
the
average
kentuckians
income
in
income
tax.
The
average
in
the
united
states
is
5.4
percent,
and
the
average
in
our
competitor
states
is
only
5.2
percent.
A
A
A
C
C
C
When
we
discuss
the
impact
that
this
is
going
to
have
on
speak
to
the
question
of
our
ability
as
a
state
to
afford
this,
and
and
I'd
like
to
rephrase
that
question,
thank
you
for
the
latitude
to
rephrase
it
I'd
like
for
you
to
speak
to
the
ability
of
the
state
to
send
back
to
the
taxpayers
some
of
the
money
that
they
sent
to
us.
A
These
are
dollars
that
people
generate
by
the
investment
of
time
in
their
life
and
through
the
last
two
years
of
the
pandemic,
we've
written
exceptionally
conservative
budgets
and
also
seen
receipts
dramatically
in
excess
of
the
anticipated
expenses
and
so
by
by
consequence,
we
have
about
a
we
will
this
year
alone
that
ends
on
june,
the
30th.
We
will
recognize
about
1.94
billion
dollars
of
excess
revenue
above
expenditures,
as
mentioned
and
stated
in
section
four.
C
So
follow
up
on
that,
because
the
words
we
use
and
and
their
meaning
are
not
different,
but
I
want
to
clarify
this
still
leaves
money
in
the
budget
reserve
trust
fund.
What
amount
do
we
know.
A
C
Excellent,
so
there
is
substantial
rainy
day
monies
for
us
to
roll
into
the
next
year,
because
the
unknowns
ahead
are
changing
daily.
Mr
chairman,
we
just
talked
a
moment
ago
about
russia's
activity
and
and
the
anxiety
and
uncertainty
that's
going
to
create
the
inflation
pressures
that
you
mentioned
as
a
guiding
principle
for
this
are
going
to
ripple
across
every
project
that
states
and
cities
and
counties
and
schools
do
and
and
try
to
try
to
execute
so
you're
saying
that
we
still
carry
forward
the
full
budget
reserve
trust
fund
of
1.78.
A
1.5
and
certainly
if
we
add
the
800
million
to
that,
we
will
swell
to
2.3.
D
Mr
chairman,
can
you
speak
a
little
bit
about
the
distribution
of
this
and
and
how
how
the
the
comparison
between
those
who
are
at
the
upper
end
of
the
socioeconomic
scale
and
those
at
the
lower
end
and
how
this
allocation?
The
fairness
of
the
distribution.
A
Sure,
absolutely
I
appreciate
the
opportunity
so
if
you
were
to
take
a
very
basic
example
of
a
family
who
makes
forty
thousand
dollars
in
a
year
at
a
five
percent
income
tax,
they
they're
paying
two
thousand
dollars
to
the
commonwealth,
and
so,
by
extension,
this
is
fifty
percent
of
their
tax
money
refunded
to
them.
A
E
I
thank
you
for
this
bill.
Senator
mcdaniels
may
recall
a
couple
weeks
ago.
I
asked
budget
director
hicks
if,
as
they
were,
formulating
their
budget,
if
any
consideration
was
given
to
any
type
of
tax
break
for
citizens,
because
we
weren't
such
a
strong
financial
position
and
he
seemed
to
be
almost
encouraged
just
so.
I
asked
a
question.
E
Certainly
my
preference
would
be
that
we
could
reduce
the
overall
tax
rate
for
our
working
kentuckians,
but
I
think
this
is
the
most
financially
responsible
way
to
do
it.
Given
a
surplus.
We
have-
and
I
think
we
forget
sometimes
that
50
income
in
this
state
is
exempt
from
taxation
and
we
have
about
43
percent
of
our
working
age,
adults
that
are
not
in
the
labor
force.
So
there's
a
very
small
percentage
of
our
population,
that's
carrying
the
full
tax
burden
for
the
state,
and
I
don't
have
any
numbers
supported
by
suspicion.
E
It
is
those
folks
are
in
the
40
50
60
000
wage
range
they're
carrying
the
burden
for
us
and
I
think,
to
be
able
to
share
the
financial
success
we've
achieved
over
the
last
two
or
three
years
is
timely,
particularly
given
the
inflation
that
we're
we're
facing
right
now.
Is
this
a
perfect
bill?
There
is
no
such
thing.
E
So
I
think
it's
a
good
bill
and
I
appreciate
you
bringing
forward
to
it,
and
you
know
I
see
the
fiscal
note
and
I
don't
think
what's
factored
into
it
is
that
folks
probably
will
spend
this
doing
to
me
daily
living
expenses,
so
we're
going
to
generate
sales
tax
on
top
of
that.
So
that's
not
really
factored
into
this.
So
again,
just
want
to
commend
you
for
the
bill
in
the
responsible
manner
in
which
we're
handling
this
surplus
funds.
E
F
West,
yes,
mr
chairman,
this
committee
is
currently
working
on
the
biennial
budget
and
we've
been
in
budget
talks
for
a
while.
Could
you
I'm
gonna,
ask
you
this
question
yesterday?
Could
you
comment
on
how
this
bill
affects
that
process
and
we've
had
hundreds
of
requests
for
new
spending
and
if
you
could
just
explain,
you
know
that
this
doesn't
spend
all
the
money
we
have
as
part
of
that
process
that
there
is
additional
revenue
available
for
those
many
of
those
types
of
items.
If
you
could
just
comment
on
that,
please
sure.
A
It
actually
deals
with
a
current
year
appropriation,
which
is
money
that
was
actually
appropriated
in
march
of
last
year,
but
on
top
of
that
it
does
kind
of,
as
we
discussed
it
leaves
800
million
dollars
of
current
year,
appropria
appropriation
or
of
current
year
dollars
to
either
be
plowed
into
more
current
year
appropriations,
or
also
to
be
carried
forward
into
the
next
year
to
appropriate
and
right
now
we're
we're
probably
staring
at
some
pretty
substantial
surpluses
in
fiscal
23
and
24
as
well,
and
we'll
just
have
to
see
what
those
look
like
after
the
budgeting
process,
but
certainly
senator
you're,
absolutely
correct.
A
This
does
not
touch
the
biennial
process
and
still
leaves
us
a
very
substantial
carry
forward
into
that
period.
Thank
you.
Senator
nemes.
G
Thank
you,
mr
chairman,
and
thank
you
for
bringing
forth
its
bill
before
we
did
not
have
enough
money
to
allocate
for
the
needs
and
wants
of
the
state.
This
year
we
have
extra
funds,
usually
government,
when
if
they
have
extra
funds
or
even
close
to
the
amount
they
need
they
get
giddy
and
spend
it
on
probably
good
causes.
G
But
I
I'm
glad
that
we're
giving
it
back
to
the
people
that
paid
for
it.
We
have
some
extra
money,
give
it
back,
we
over
tax
them
and
if
they're
people
saying
well,
you
should
spend
it
on
this
or
that.
Well,
then,
let
the
people
decide.
You
take
your
part
and
spend
it
on
that,
give
it
to
what
charity
give
it
to
whatever
you
want.
That's
what
this
bill
does,
and
I
appreciate
you
for
it.
Thank
you.
Senator.
H
Thank
you,
mr
chairman.
I
really
want
to
thank
you
for
for
for
this
bill.
I've
been
talking
to
my
constituents
the
last
couple
of
days
and
frankly,
there
were
a
lot
of
people
who
worked
really
really
hard
for
the
last
two
years
through
the
through.
Through
all
of
this
covet
issue,
they
spent
a
lot
of
time
away
from
their
friends
and
a
lot
of
time
away
from
their
families.
H
H
It
rewards
those
who
who
participated
more
vigorously
in
the
workforce,
and
it
doesn't
affect
those
who
did
not.
So
I
thank
you
for
that,
and
we
know
this
money
will
re-enter
the
economy
because
it
is
already
going
to
those
who
are
putting
money
into
the
economy.
So
I
wanted
to
thank
you,
mr
chairman,.
A
Thank
you
senator
okay.
At
this
time
we
have
we've
adopted
the
committee
substitute,
so
I
will
entertain
a
motion
on
the
bill
by
senator
meredith.
I
have
a
second
by
senator
nemes,
madam
secretary.
Please
call
the
roll.
D
Sharon
like
to
vote
on
and
explain
my
vote.
Yes,
sir,
go
ahead,
you
know,
I
think
there.
D
There
are
two
ways
to
look
at
this
and
from
the
conservative
aspect
and
looking
at
all
the
struggles
we
have
in
the
commonwealth,
and
you
know,
there's
an
argument
to
invest
it
towards
the
future,
to
use
this
surplus
funds,
maybe
towards
the
pension
systems
and
then
there's
an
argument
that
is
very
sound
to
give
it
back
to
the
people
who
gave
it
to
us
at
a
time
that
they
need
it
drastically
and
at
a
time
that
we
can
do
so
and
that
that
is
a
valid
argument.
D
And
so
I,
even
though
there
is
a
part
of
me
that
that
wants
to
invest
it
for
the
future
for
the
next
generations
to
kind
of
help
alleviate
the
problems
that
we
struggle
with
every
year
and
the
problems
are
going
to
continue
as
far
as
pension
goes.
But
I
can't
I
mean
you
can't
argue
against
giving
it
back
to
the
people
that
are
really
struggling
right
now
and
therefore
I
will
vote.
I.
H
A
Aye,
there
means
seven
eye
votes,
no,
nay
votes.
The
measure
passes
with
favorable
expression.
We
do
have
a
mo
a
title.
Amendment
I'll
entertain
a
motion
on
the
title:
senator
gibbons
second,
by
senator
nemas,
all
those
in
favor
signify
by
saying
aye.
You
guys
have
it
very
well
title
amendment
is
adopted,
so
you
know
the
business
come
for
the
commit.