§ 175B.005 Purpose of chapter
§ 175B.010 Definitions for chapter
§ 175B.015 Kentucky Public Transportation Infrastructure Authority — Members — Meetings — Records — Administrative regulations — Model procurement code compliance
§ 175B.020 Purpose of state authority — Participation as a developing or issuing authority — Oversight function — Legislative ratification required for certain actions — Administrative regulation regarding fee
§ 175B.025 Powers and duties of developing authority and issuing authority — Project development restrictions
§ 175B.030 Projects connecting Kentucky and an adjoining state — Bi-state authority — Formation — Members — Bi-state agreement — Financial plan — Legislative findings and declarations — Approval of project connecting Kentucky and Ohio
§ 175B.035 Development of projects within Kentucky — Project authority — Financial plan — Submission of project for legislative ratification — Membership of project authority — Development agreement — Commonwealth owns project upon bond retirement or ter
§ 175B.037 Use of public-private partnership — Requirements — Administrative regulations
§ 175B.040 Tolls and other revenues to be derived from projects — Sinking fund — Pledges of sinking fund — Use and disposition of moneys — Project users to pay appropriate toll — Penalties — Confidentiality of toll collection customer account information
§ 175B.045 Required standards for completed projects
§ 175B.050 Permitted construction activities — Permitted entry upon lands, waters, and premises for necessary construction work — Administrative regulations concerning public utility facilities
§ 175B.055 Agreements for use of project authority lands
§ 175B.060 Issuance of project revenue bonds — Use of bond proceeds
§ 175B.065 Project revenue bonds not a debt or pledge of faith and credit of the Commonwealth or its subdivisions — Statement on face of bonds
§ 175B.070 Project revenue bonds may be secured by trust agreement — Permissible provisions
§ 175B.075 Moneys received under chapter are trust funds — Permitted investment of project revenue bond proceeds
§ 175B.080 Operation and maintenance of projects constitute performance of essential governmental functions — Tax-free status of projects and project revenue bonds
§ 175B.085 Project revenue bonds are authorized investment securities
§ 175B.090 Maintenance and repair of projects — Restoration of or compensation for damaged private property — Permitted leases
§ 175B.095 Evaluation of project condition prior to bond retirement — Evaluation of tolls upon transfer of ownership — Transfer of funds — Actions required prior to and upon bond retirement or termination of partnership
§ 175B.100 Annual report by state authority — Annual audit of state authority
§ 175B.105 Conflict of interest for officers or employees of an authority
§ 175B.110 Indemnification from liability for an authority’s board members, officers, and employees
§ 175B.115 Project planning or work done prior to establishment of an authority
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Terms Used In Kentucky Statutes > Chapter 175B - Kentucky Public Transportation Infrastructure Authority

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Authority: means the state authority, or a bi-state authority, or a project authority, unless the specific use requires that it apply only to the state authority, or a bi-state authority, or a project authority. See Kentucky Statutes 175B.010
  • Bi-state authority: means an authority created under KRS §. See Kentucky Statutes 175B.010
  • Cabinet: means the Transportation Cabinet. See Kentucky Statutes 175B.010
  • Commonwealth: means the Commonwealth of Kentucky. See Kentucky Statutes 175B.010
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Cost: means :
    (a) The cost of construction of the project, including the acquisition of land, rights-of-way, property, rights in land, easements, and interests acquired by the authority for construction of a project. See Kentucky Statutes 175B.010
  • Department: means the Department of Highways. See Kentucky Statutes 175B.010
  • Developing authority: means the authority involved in the development of a project. See Kentucky Statutes 175B.010
  • Ex officio: Literally, by virtue of one's office.
  • 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.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Issuing authority: means the authority that will issue or has issued debt associated with a project. See Kentucky Statutes 175B.010
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Local government: means a consolidated local government, an urban-county government, a charter county government, a unified local government, or a county. See Kentucky Statutes 175B.010
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
  • Personal property: All property that is not real property.
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Private partner: means any entity that is a partner in a public-private partnership other than:
    (a) The Commonwealth of Kentucky. See Kentucky Statutes 175B.010
  • Project: includes all bridges, tollhouses, garages, and other buildings and facilities which the authority deems necessary for the operation of the project, together with all property, rights, easements, and interests which may be acquired by the authority or by the Commonwealth for the construction and operation of a project. See Kentucky Statutes 175B.010
  • Project authority: means an authority created pursuant to KRS §. See Kentucky Statutes 175B.010
  • Project revenue bonds: means revenue funding bonds, revenue refunding bonds, notes, or other financial obligations issued under this chapter by the issuing authority. See Kentucky Statutes 175B.010
  • Public utility facilities: means tracks, pipes, mains, conduits, cables, wires, towers, poles, and other equipment and appliances of any public utility in, on, along, over, or under any project. See Kentucky Statutes 175B.010
  • Public-private partnership: means an entity operating pursuant to a written public-private partnership agreement, and composed of:
    (a) An authority or authorities. See Kentucky Statutes 175B.010
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • State authority: means the Kentucky Public Transportation Infrastructure
    Authority created under KRS §. See Kentucky Statutes 175B.010
  • Statute: A law passed by a legislature.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • Year: means calendar year. See Kentucky Statutes 446.010