Kentucky Statutes 148.582 – Iraq/Afghanistan War Memorial fund
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(1) The Iraq/Afghanistan War Memorial fund is hereby created as a separate trust fund in the State Treasury. The Iraq/Afghanistan War Memorial fund shall consist of amounts received from appropriations and any other proceeds from gifts, grants, federal funds, or any other funds, both public and private, made available for the purposes of KRS § 148.580 and this section.
(2) The Iraq/Afghanistan War Memorial fund shall be administered by the Tourism, Arts and Heritage Cabinet.
(3) Amounts deposited in the Iraq/Afghanistan War Memorial fund shall be used only for the purpose of the establishment of the Iraq/Afghanistan War Memorial as provided in KRS § 148.580.
(4) Notwithstanding KRS § 45.229, Iraq/Afghanistan War Memorial fund amounts not expended at the close of a fiscal year shall not lapse but shall be carried forward into the next fiscal year.
(5) Any interest earnings of the Iraq/Afghanistan War Memorial fund shall become a part of the Iraq/Afghanistan War Memorial fund and shall not lapse.
(6) Moneys deposited in the fund are hereby appropriated for the purposes set forth in this section and shall not be appropriated or transferred by the General Assembly for any other purposes.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 67, sec. 2, effective July 12, 2012.
Legislative Research Commission Note (7/12/2012). The internal numbering of this statute has been modified by the Reviser of Statutes from the way it appeared in 2012
Ky. Acts ch. 67, sec. 2, under the authority of KRS § 7.136(1). The words in the text were not changed.
(2) The Iraq/Afghanistan War Memorial fund shall be administered by the Tourism, Arts and Heritage Cabinet.
Terms Used In Kentucky Statutes 148.582
- Commission: means the State Property and Buildings Commission. See Kentucky Statutes 148.001
- Federal: refers to the United States. See Kentucky Statutes 446.010
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Statute: A law passed by a legislature.
- Year: means calendar year. See Kentucky Statutes 446.010
(3) Amounts deposited in the Iraq/Afghanistan War Memorial fund shall be used only for the purpose of the establishment of the Iraq/Afghanistan War Memorial as provided in KRS § 148.580.
(4) Notwithstanding KRS § 45.229, Iraq/Afghanistan War Memorial fund amounts not expended at the close of a fiscal year shall not lapse but shall be carried forward into the next fiscal year.
(5) Any interest earnings of the Iraq/Afghanistan War Memorial fund shall become a part of the Iraq/Afghanistan War Memorial fund and shall not lapse.
(6) Moneys deposited in the fund are hereby appropriated for the purposes set forth in this section and shall not be appropriated or transferred by the General Assembly for any other purposes.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 67, sec. 2, effective July 12, 2012.
Legislative Research Commission Note (7/12/2012). The internal numbering of this statute has been modified by the Reviser of Statutes from the way it appeared in 2012
Ky. Acts ch. 67, sec. 2, under the authority of KRS § 7.136(1). The words in the text were not changed.