Kentucky Statutes 164.7877 – Kentucky educational excellence scholarship trust fund — Funding sources, including lottery revenues
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(1) There is established in the State Treasury a permanent and perpetual fund to be known as the “Wallace G. Wilkinson Kentucky Educational Excellence Scholarship Trust Fund” to which shall be credited net lottery revenues transferred in accordance with KRS § 154A.130; gifts; bequests; endowments; grants from the United States government, its agencies, and instrumentalities; and funds received from any other sources, public or private.
(2) The moneys in the fund are hereby continuously appropriated only for the purposes set forth in KRS § 164.7871 to KRS § 164.7885 and KRS § 164.7889.
(3) The authority shall administer the Kentucky educational excellence scholarship trust fund.
Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 117, sec. 2, effective June 20, 2005. — Amended
2000 Ky. Acts ch. 13, sec. 2, effective July 14, 2000; and ch. 198, sec. 2, effective
July 14, 2000. — Created 1998 Ky. Acts ch. 575, sec. 3, effective July 15, 1998.
(2) The moneys in the fund are hereby continuously appropriated only for the purposes set forth in KRS § 164.7871 to KRS § 164.7885 and KRS § 164.7889.
Terms Used In Kentucky Statutes 164.7877
- Public: means operated with state support. See Kentucky Statutes 164.001
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(3) The authority shall administer the Kentucky educational excellence scholarship trust fund.
Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 117, sec. 2, effective June 20, 2005. — Amended
2000 Ky. Acts ch. 13, sec. 2, effective July 14, 2000; and ch. 198, sec. 2, effective
July 14, 2000. — Created 1998 Ky. Acts ch. 575, sec. 3, effective July 15, 1998.