Kentucky Statutes 15.500 – Distribution of insufficient funds — Unexpended funds
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(1) If funds appropriated by the General Assembly and otherwise made available to the Law Enforcement Foundation Program fund are insufficient to provide the amount of money required by KRS § 15.460, the cabinet shall establish the rate of assistance to be paid.
(2) Funds unexpended by the cabinet at the close of the fiscal year for which the funds were appropriated and otherwise made available to this fund, pursuant to KRS
15.430, 42.190 and 136.392, shall not lapse as provided by KRS § 45.229 but shall be carried forward into the following fiscal year and shall be used solely for the purposes specified in KRS § 15.410 to KRS § 15.500.
Effective: July 1, 2018
History: Amended 2018 Ky. Acts ch. 89, sec. 10, effective July 1, 2018. — Amended
2007 Ky. Acts ch. 85, sec. 28, effective June 26, 2007. — Amended 1984 Ky. Acts ch. 300, sec. 8, effective July 13, 1984. — Amended 1982 Ky. Acts ch. 246, sec. 10, effective April 1, 1982; and ch. 450, sec. 51, effective July 1, 1983. — Amended
1976 Ky. Acts ch. 105, sec. 2. — Amended 1974 Ky. Acts ch. 74, Art. V, sec. 24(10).
— Created 1972 Ky. Acts ch. 71, sec. 10.
(2) Funds unexpended by the cabinet at the close of the fiscal year for which the funds were appropriated and otherwise made available to this fund, pursuant to KRS
Terms Used In Kentucky Statutes 15.500
- 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.
- Year: means calendar year. See Kentucky Statutes 446.010
15.430, 42.190 and 136.392, shall not lapse as provided by KRS § 45.229 but shall be carried forward into the following fiscal year and shall be used solely for the purposes specified in KRS § 15.410 to KRS § 15.500.
Effective: July 1, 2018
History: Amended 2018 Ky. Acts ch. 89, sec. 10, effective July 1, 2018. — Amended
2007 Ky. Acts ch. 85, sec. 28, effective June 26, 2007. — Amended 1984 Ky. Acts ch. 300, sec. 8, effective July 13, 1984. — Amended 1982 Ky. Acts ch. 246, sec. 10, effective April 1, 1982; and ch. 450, sec. 51, effective July 1, 1983. — Amended
1976 Ky. Acts ch. 105, sec. 2. — Amended 1974 Ky. Acts ch. 74, Art. V, sec. 24(10).
— Created 1972 Ky. Acts ch. 71, sec. 10.