177.320 Use of portion of gasoline tax revenues for secondary and rural roads, county roads and bridges and the Kentucky Transportation Center -- Allocation of funds.
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<![CDATA[177.320 Use of portion of gasoline tax revenues for secondary and rural roads, county roads and bridges and the Kentucky Transportation Center -- <br>Allocation of funds. (1) Twenty-two and two-tenths percent (22.2%) of all funds arising from the imposition of taxes provided by KRS 138.220(1) and (2), 138.660(1) and (2) and 234.320 shall <br>be set aside for the construction, reconstruction and maintenance of secondary and <br>rural roads and for no other purpose, and shall be expended for said purposes by the <br>Transportation Cabinet of the Commonwealth of Kentucky according to the terms <br>and conditions prescribed in KRS 177.330 to 177.360. (2) On or after July 1, 1980, eighteen and three-tenths percent (18.3%) of all funds arising from the imposition of taxes provided by KRS 138.220(1) and (2), <br>138.660(1) and (2), and 234.320 shall be set aside for the construction, <br>reconstruction and maintenance of county roads and bridges provided by KRS <br>179.410 and 179.415. (3) All funds set aside in subsection (2) of this section for the construction, reconstruction and maintenance of county roads and bridges shall be allocated to the <br>county in accordance with the formula established in KRS 177.360(1) pursuant to <br>KRS 179.410. (4) On or after July 1, 1986, one-tenth of one percent (0.1%) of all funds arising from the imposition of taxes provided by KRS 138.220(1) and (2), 138.660 and 234.320 <br>shall be set aside for the purposes and functions of the Kentucky Transportation <br>Center as established by KRS 177.375 to 177.380, except that the receipts provided <br>to the center by this subsection shall not exceed one hundred ninety thousand <br>dollars ($190,000) for any fiscal year. Effective: July 1, 2005 <br>History: Amended 2005 Ky. Acts ch. 173, Pt. XVII, sec. 3, effective July 1, 2005. -- Amended 1986 Ky. Acts ch. 174, sec. 8, effective July 1, 1986; and ch. 330 sec. 1, <br>effective July 15, 1986. -- Amended 1984 Ky. Acts ch. 350, sec. 3, effective July 13, <br>1984. -- Amended 1982 Ky. Acts ch. 265, sec. 10, effective April 1, 1982. -- <br>Amended 1980 Ky. Acts ch. 188, sec. 132, effective July 1, 1980; and ch. 218, <br>sec. 9, effective July 1, 1980. -- Amended 1974 Ky. Acts ch. 291, sec. 1. -- Amended <br>1972 Ky. Acts ch. 61, sec. 10. -- Created 1948 Ky. Acts ch. 46, sec. 1. ]]>