Statutes > Kentucky Statutes > CHAPTER 56 STATE LANDS AND BUILDINGS > 56.860 Purpose of KRS 56.860 to 56.869.

56.860 Purpose of KRS 56.860 to 56.869.

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Page 1 of 1 56.860 Purpose of KRS 56.860 to 56.869. The purpose of KRS 56.860 to 56.869 is to create an independent commission that will <br>take a comprehensive view of the Commonwealth's finances and develop policies and <br>strategies that will seek to minimize the impact of fluctuating receipts of revenues on the <br>budget of the Commonwealth and of fluctuating interest rates on the Commonwealths <br>interest-sensitive assets and interest-sensitive liabilities. Effective: May 30, 1997 <br>History: Created 1997 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 1, effective May 30, 1997.