Kentucky Statutes 304.2-430 – Payment of expenses of department from general fund — Reimbursement
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Nothing in KRS § 304.2-400 to KRS § 304.2-420 shall prevent continuing the practice of paying any of the direct or indirect expenses incurred by the department, including, but not limited to, those involving salaries, retirement, and Social Security of officers, employees, or representatives of the department, or any other expenses by appropriations from the general fund. However, the general fund shall be reimbursed for any such payments made on or after July 15, 1986, as well as any money transferred to the insurance regulatory trust fund in connection with the initial funding of the insurance regulatory trust fund, and shall be repaid by transfer from the insurance regulatory trust fund to the general fund no later than the end of the next biennium.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 956, effective July 15, 2010. — Amended
2000 Ky. Acts ch. 492, sec. 1, effective July 14, 2000. — Created 1986 Ky. Acts ch.
437, sec. 38, effective July 15, 1986.
Legislative Research Commission Note (7/14/2000). 2000 Ky. Acts ch. 492, sec. 1 states that it is amending this statute. The entire change to the statute proposed in the introduced version of House Bill 709 was eliminated, however, by House Committee Amendment 1, which passed the House of Representatives, but the section amending the statute was mistakenly not deleted from the bill.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 304.2-430
- Biennium: means the two (2) year period commencing on July 1 in each even- numbered year and ending on June 30 in the ensuing even-numbered year. See Kentucky Statutes 446.010
- Committee amendment: An amendment recommended by a committee in reporting a bill or other measure.
- Statute: A law passed by a legislature.
History: Amended 2010 Ky. Acts ch. 24, sec. 956, effective July 15, 2010. — Amended
2000 Ky. Acts ch. 492, sec. 1, effective July 14, 2000. — Created 1986 Ky. Acts ch.
437, sec. 38, effective July 15, 1986.
Legislative Research Commission Note (7/14/2000). 2000 Ky. Acts ch. 492, sec. 1 states that it is amending this statute. The entire change to the statute proposed in the introduced version of House Bill 709 was eliminated, however, by House Committee Amendment 1, which passed the House of Representatives, but the section amending the statute was mistakenly not deleted from the bill.