Kentucky Statutes 363.906 – Retail motor fuel license — Annual fee — Account in State Treasury for fees — Nonlapsing of unexpended money
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(1) A person shall not operate a retail facility without first obtaining a retail motor fuel license from the department.
(2) For the calendar year beginning on January 1, 2023, the department shall collect an annual licensure fee in the amount of seventy-five dollars ($75) per retail facility from the license holder for the purpose of funding the administration of the retail motor fuel quality program.
(3) For calendar years beginning on or after January 1, 2024, the department shall collect an annual licensure fee in the amount of one hundred dollars ($100) per retail facility from the license holder for the purpose of funding the administration of the retail motor fuel quality program.
(4) Funds collected from licensure fees shall be deposited into an interest-bearing account in the State Treasury. Money unexpended at the close of a fiscal year shall not lapse but shall be carried forward to the next fiscal year for future use.
(5) A retail motor fuel license shall be valid from the date of issuance until January 31 of the following calendar year.
Effective: July 14, 2022
History: Amended 2022 Ky. Acts ch. 112, sec. 5, effective July 14, 2022. — Amended
2018 Ky. Acts ch. 25, sec. 3, effective July 14, 2018. — Created 1994 Ky. Acts ch.
88, sec. 4, effective March 22, 1994.
(2) For the calendar year beginning on January 1, 2023, the department shall collect an annual licensure fee in the amount of seventy-five dollars ($75) per retail facility from the license holder for the purpose of funding the administration of the retail motor fuel quality program.
Terms Used In Kentucky Statutes 363.906
- 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.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Year: means calendar year. See Kentucky Statutes 446.010
(3) For calendar years beginning on or after January 1, 2024, the department shall collect an annual licensure fee in the amount of one hundred dollars ($100) per retail facility from the license holder for the purpose of funding the administration of the retail motor fuel quality program.
(4) Funds collected from licensure fees shall be deposited into an interest-bearing account in the State Treasury. Money unexpended at the close of a fiscal year shall not lapse but shall be carried forward to the next fiscal year for future use.
(5) A retail motor fuel license shall be valid from the date of issuance until January 31 of the following calendar year.
Effective: July 14, 2022
History: Amended 2022 Ky. Acts ch. 112, sec. 5, effective July 14, 2022. — Amended
2018 Ky. Acts ch. 25, sec. 3, effective July 14, 2018. — Created 1994 Ky. Acts ch.
88, sec. 4, effective March 22, 1994.