Kentucky Statutes 174.056 – KYTC photo license account. (Effective until July 1, 2024)
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(1) The KYTC photo license account is created within the road fund, to be administered by the Transportation Cabinet. The account shall consist of the portion of fees directed to the account under KRS § 186.531 and any other proceeds from grants, contributions, appropriations, or other moneys made available for the purposes of the account.
(2) Notwithstanding KRS § 45.229, any moneys remaining in the account not expended at the close of a fiscal year shall not lapse but shall be carried forward to the next fiscal year.
(3) Any interest earnings of the account shall become a part of the account and shall not lapse.
(4) Moneys in the account shall be used for the purposes of verifying, creating, and distributing secure photo instruction permits, operator’s licenses, and personal identification cards and are hereby appropriated for these purposes.
Effective: January 1, 2019
History: Created 2017 Ky. Acts ch. 100, sec. 23, effective January 1, 2019.
(2) Notwithstanding KRS § 45.229, any moneys remaining in the account not expended at the close of a fiscal year shall not lapse but shall be carried forward to the next fiscal year.
Terms Used In Kentucky Statutes 174.056
- cabinet: means the Transportation Cabinet. See Kentucky Statutes 174.012
- 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
(3) Any interest earnings of the account shall become a part of the account and shall not lapse.
(4) Moneys in the account shall be used for the purposes of verifying, creating, and distributing secure photo instruction permits, operator’s licenses, and personal identification cards and are hereby appropriated for these purposes.
Effective: January 1, 2019
History: Created 2017 Ky. Acts ch. 100, sec. 23, effective January 1, 2019.