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Code · Kentucky · Chapter 175 — Turnpike authority

175.690 Use of funds.

76 words·~1 min read·/ky/chapter-175/175-690

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

All funds credited to the state transportation fund (road fund), from severance tax collection, shall be used for the purposes of paying the annual lease rental payments to the Kentucky Turnpike Authority for resource recovery road projects. Any funds deposited to the credit of the transportation fund (road fund) in excess of the amount required for the annual lease payments shall revert at the close of the fiscal year to the credit of the general fund.
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