96A.096 Kentucky public transportation development fund.
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<![CDATA[ Page 1 of 1 96A.096 Kentucky public transportation development fund. There is created in the State Treasury a special fund to be known as the "Kentucky Public <br>Transportation Development Fund." All moneys deposited or paid into this fund are <br>appropriated and shall be available to the cabinet for the purposes of KRS 96A.095. All <br>moneys in this fund shall be expended for public transportation capital and operating <br>subsidies, public transportation development, or administrative costs incidental to these <br>developments. The fund shall consist of all money appropriated by the state and all <br>money received from the United States or from any other source for the purpose of <br>providing public transportation capital and operating subsidies and public transportation <br>development funds. All moneys in the Kentucky public transportation development fund <br>shall be deposited, administered, and dispersed in the same manner and under the same <br>conditions and requirements as are provided by law for other special funds in the State <br>Treasury, except that any balance in this fund shall not lapse at any time but shall be <br>continuously available to the cabinet for the purposes of carrying out the provisions of <br>KRS 96A.095. A general statement that all continuing appropriations are repealed shall <br>not be construed as abolishing this fund. Effective: July 15, 1998 <br>History: Amended 1998 Ky. Acts ch. 17, sec. 2, effective July 15, 1998. -- Created 1986 Ky. Acts ch. 164, sec. 2, effective July 15, 1986. ]]>