Kentucky Statutes 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
Current as of: 2024 | Check for updates
|
Other versions
(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 be set aside for the construction, reconstruction and maintenance of secondary and rural roads and for no other purpose, and shall be expended for said purposes by the Transportation Cabinet of the Commonwealth of Kentucky according to the terms and conditions prescribed in KRS § 177.330 to KRS § 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),
138.660(1) and (2), and 234.320 shall be set aside for the construction, reconstruction and maintenance of county roads and bridges provided by KRS
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 county in accordance with the formula established in KRS § 177.360(1) pursuant to 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 shall be set aside for the purposes and functions of the Kentucky Transportation Center as established by KRS § 177.375 to KRS § 177.380, except that the receipts provided to the center by this subsection shall not exceed one hundred ninety thousand dollars ($190,000) for any fiscal year.
Effective: July 1, 2005
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, effective July 15, 1986. — Amended 1984 Ky. Acts ch. 350, sec. 3, effective July 13,
1984. — Amended 1982 Ky. Acts ch. 265, sec. 10, effective April 1, 1982. — Amended 1980 Ky. Acts ch. 188, sec. 132, effective July 1, 1980; and ch. 218, sec.
9, effective July 1, 1980. — Amended 1974 Ky. Acts ch. 291, sec. 1. — Amended
1972 Ky. Acts ch. 61, sec. 10. — Created 1948 Ky. Acts ch. 46, sec. 1.
2020-2022 Budget Reference. See Transportation Cabinet Budget, 2020 Ky. Acts ch.
93, Pt. I, A, 7, (1) at 952.
2020-2022 Budget Reference. See Transportation Cabinet Budget, 2020 Ky. Acts ch.
93, Pt. I, A, 7, (2) at 952.
2020-2022 Budget Reference. See Transportation Cabinet Budget, 2020 Ky. Acts ch.
93, Pt. I, A, 7, (3) at 952.
(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),
Terms Used In Kentucky Statutes 177.320
- 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.
138.660(1) and (2), and 234.320 shall be set aside for the construction, reconstruction and maintenance of county roads and bridges provided by KRS
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 county in accordance with the formula established in KRS § 177.360(1) pursuant to 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 shall be set aside for the purposes and functions of the Kentucky Transportation Center as established by KRS § 177.375 to KRS § 177.380, except that the receipts provided to the center by this subsection shall not exceed one hundred ninety thousand dollars ($190,000) for any fiscal year.
Effective: July 1, 2005
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, effective July 15, 1986. — Amended 1984 Ky. Acts ch. 350, sec. 3, effective July 13,
1984. — Amended 1982 Ky. Acts ch. 265, sec. 10, effective April 1, 1982. — Amended 1980 Ky. Acts ch. 188, sec. 132, effective July 1, 1980; and ch. 218, sec.
9, effective July 1, 1980. — Amended 1974 Ky. Acts ch. 291, sec. 1. — Amended
1972 Ky. Acts ch. 61, sec. 10. — Created 1948 Ky. Acts ch. 46, sec. 1.
2020-2022 Budget Reference. See Transportation Cabinet Budget, 2020 Ky. Acts ch.
93, Pt. I, A, 7, (1) at 952.
2020-2022 Budget Reference. See Transportation Cabinet Budget, 2020 Ky. Acts ch.
93, Pt. I, A, 7, (2) at 952.
2020-2022 Budget Reference. See Transportation Cabinet Budget, 2020 Ky. Acts ch.
93, Pt. I, A, 7, (3) at 952.