Kentucky Statutes 224A.050 – Use of funds
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It is hereby found and declared as a legislative finding of fact that in performing its duties and responsibilities, the authority is performing and carrying out essential governmental functions. The authority may, from time to time, receive and accept any and all appropriations to the authority which may be made by the General Assembly of the state, and the appropriations may be made to the authority. The authority may, from time to time, receive and accept from the state, its agencies, and any federal agency, grants for, or in aid of, any infrastructure project, and grants for, or in aid of, research or management studies or training projects related to the purposes for which the authority is created, the grants or contributions to be held, used, and applied only for the purposes for which the grants and contributions are made and received.
Effective: March 31, 1988
History: Amended 1988 Ky. Acts ch. 124, sec. 6, effective March 31, 1988. — Created
1972 Ky. Acts ch. 329, sec. 5.
Effective: March 31, 1988
Terms Used In Kentucky Statutes 224A.050
- Authority: means the Kentucky Infrastructure Authority, which is created by this chapter. See Kentucky Statutes 224A.011
- Federal: refers to the United States. See Kentucky Statutes 446.010
- Infrastructure project: means any construction or acquisition of treatment works, facilities related to the collection, transportation, and treatment of wastewater as defined in KRS §. See Kentucky Statutes 224A.011
- State: means the Commonwealth of Kentucky. See Kentucky Statutes 224A.011
History: Amended 1988 Ky. Acts ch. 124, sec. 6, effective March 31, 1988. — Created
1972 Ky. Acts ch. 329, sec. 5.