199.885 Employee Child Care Assistance Partnership fund.

390 words·~2 min read·/ky/chapter-199/199-885

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

(1)There is hereby established in the State Treasury a revolving account to be

known as the Employee Child Care Assistance Partnership fund. The fund

shall consist of moneys appropriated by the General Assembly, contributions,

gifts, or grants made available for the purposes of the program.

(2)The fund shall be administered by the cabinet or its designated department.

(3)Notwithstanding KRS 45.229, any moneys remaining in the fund at the close of

the fiscal year shall not lapse but shall be carried forward to the next fiscal

year.

(4)Any interest earnings of the fund shall become a part of the fund and shall not

lapse.

(5)Moneys deposited in the fund are hereby appropriated for the purposes set

forth in KRS 199.881 to 199.888 and shall not be appropriated or transferred

by the General Assembly for any other purpose.

(6)The cabinet shall issue state matches out of the fund to child-care providers in

accordance with the provisions of the respective contracts and in the order that

the cabinet processed the contracts.

(a)The state match shall not exceed one hundred percent (100%) of the

contribution made by the employer for contracts in which the employee's

household income is equal to or less than one hundred percent (100%) of

the state median household income.

(b)The state match shall decrease by ten percent (10%) for each twenty

percent (20%) increase in household income over one hundred percent

(100%) of the state median household income up to one hundred eighty

percent (180%) of the state median household income.

(c)The state match shall equal fifty percent (50%) for contracts in which the

employee's household income exceeds one hundred eighty percent

(180%) of the state median household income.

(8)In each fiscal year, twenty-five percent (25%) of the total fund shall be

distributed to agreements in which an employer is a small business.

(9)In fiscal year 2022-2023, five percent (5%) of the total fund shall be distributed

to the cabinet to administer the program. In every fiscal year thereafter, three

percent (3%) of the total fund shall be distributed to the cabinet to administer

the program.

(10)A state match issued pursuant to this program and administered by the cabinet

is for the promotion of the general welfare and shall not be considered

compensation for an employee's service.