As used in KRS § 42.350 to KRS § 42.370 the words:
(1) “Beneficiary agency” means an agency eligible to receive the benefit of a capital project to be wholly or partly financed out of the area development fund, including and limited to political subdivisions, special districts and agencies created pursuant to the Interlocal Cooperation Act, or any combination thereof; and, not-for-profit corporations organized for public purposes and performing governmental functions and services;

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Terms Used In Kentucky Statutes 42.345

  • branch budget: means an enactment by the General Assembly which provides appropriations and establishes fiscal policies and conditions for the biennial financial plan for the judicial branch, the legislative branch, and the executive branch, which shall include a separate budget bill for the Transportation Cabinet. See Kentucky Statutes 446.010
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

(2) “Fund” means the area development fund established in the State Treasury by KRS
42.350.
Effective: June 17, 1978
History: Created 1978 Ky. Acts ch. 187, sec. 1, effective June 17, 1978.
2022-2024 Budget Reference. See State/Executive Branch Budget, 2022 Ky. Acts ch.
199, Pt. I, A, 12, (1) at 1642.