KY HB745

Amends KRS 13A.210 to require administrative bodies to tier their regulations to reduce disproportionate impacts on government entities and small businesses, and to avoid regulating entities that don't significantly contribute to the problem being addressed

Requires administrative bodies to submit a written statement to the Legislative Research Commission explaining why tiering was or was not used in their regulations

Authorizes tiering methods including reducing substantive requirements, eliminating requirements, simplifying reporting/recordkeeping, providing exemptions from inspections, delaying compliance timetables, and reducing fines for noncompliance

Permits use of size variables (number of employees, operating revenues, assets, market shares) and nonsize variables (risk to humans, technological ability to comply, geographic location, federal funding level) when establishing regulatory tiers

Requires administrative bodies to monitor variables such as demographic changes, workforce composition, inflation rates, market concentration, technology advances, and legislative changes when modifying tiers