248.723 Tobacco Settlement Agreement Fund Oversight Committee -- Membership
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/ky/248-723A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
-- Terms -- Vacancies -- Meetings -- Vote required to act -- Reporting of
expenditure under early childhood development fund and the Kentucky health
care improvement fund. (Effective January 1, 2027)
(1)There is created a permanent subcommittee of the Legislative Research
Commission to be known as the Tobacco Settlement Agreement Fund Oversight
Committee. The subcommittee shall be composed of twelve
(12)members and shall
include four
(4)members of the House of Representatives appointed by the
Speaker; two
(2)members of the minority party in the House of Representatives
appointed by the Minority Floor Leader; four
(4)members of the Senate appointed
by the President; and two
(2)members of the minority party in the Senate appointed
by the Minority Floor Leader. The members of the subcommittee shall be appointed
in January of each odd-numbered year and serve for terms of two
(2)years. The
President of the Senate and Speaker of the House of Representatives shall each
appoint one
(1)member of the subcommittee from their chamber to serve as co-
chair. Any vacancy that may occur in the membership of the subcommittee shall be
filled within thirty
(30)days of the occurrence, in the same manner as the original
appointment, and for the balance of the vacated member's term.
(2)The co-chairs shall have joint responsibilities for committee meeting agendas and
presiding at committee meetings. The members of the subcommittee shall be
compensated for attending meetings as provided in KRS 7.090(3) and 7.110(5).
(3)A majority of the entire membership of the Tobacco Settlement Agreement Fund
Oversight Committee shall constitute a quorum, and all actions of the subcommittee
shall be by vote of a majority of its entire membership.
(4)Any professional, clerical, or other employees required by the subcommittee shall
be provided in accordance with KRS 7.090(4) and (5).
(a)Subsections
(6)to
(10)of this section shall apply only to the expenditures
from and projects under the agricultural development fund.
(b)Subsection
(11)shall apply to all expenditures under the tobacco settlement
agreement fund created in KRS 248.654.
(c)Subsection
(12)shall apply to expenditures from the early childhood
development fund and the Kentucky health care improvement fund created in
KRS 200.151 and 194A.055.
(6)The subcommittee shall review each project being submitted to the Agricultural
Development Board. In reviewing the projects, the subcommittee shall determine
whether the criteria or requirements required by KRS 248.701 to 248.727 have been
met and whether any other relevant requirements have been met.
(a)If the subcommittee determines that any of the criteria or requirements
required by KRS 248.701 to 248.727, except as provided in subsection
(5)of
this section, have not been met, the subcommittee may, by majority vote,
recommend to the board in writing that a project not be approved.
(b)If the subcommittee determines that all relevant criteria were met for
proposals not approved by the board, the subcommittee may, by majority
vote, recommend to the board in writing that the project be approved.
(c)The reasons for recommending that a project be approved or not approved
shall be stated in correspondence from the subcommittee, which shall be
issued within thirty
(30)days of action of the subcommittee.
(8)If the board proceeds with approval of a project under the agricultural development
fund that the subcommittee has recommended in writing not be approved, or refuses
to approve a project that the subcommittee has recommended in writing be
approved, the board shall provide a written explanation to the subcommittee as to
why the board took that action on the project. The written explanation shall be sent
within thirty
(30)days of receiving the subcommittee's notification.
(9)The subcommittee shall also hear cases that arise under KRS 248.721(9) and
248.711(4). In these cases the subcommittee shall provide a forum for discussion
and possible resolution of differences between the board and the affected party. If
the differences are not resolved, the subcommittee may, by majority vote,
recommend to the board in writing a course of action.
(10)The subcommittee shall maintain records of its findings and determinations. The
records shall be transmitted to the appropriate interim joint committees of the