230.333 Transfer of funds to corporation by June 30, 2025.

178 words·~1 min read·/ky/chapter-230/230-333

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

The state budget director, the secretary of the Finance and Administration Cabinet, the Department of Revenue, and the State Treasurer shall transfer to the corporation all existing moneys, including carry forward balances and interest, by June 30, 2025, and any future receipts shall be dispersed to the following corporate accounts:

(1)Kentucky Thoroughbred development fund;

(2)Kentucky quarter horse development fund;

(3)Kentucky quarter horse purse fund;

(4)Kentucky paint horse, Appaloosa, and Arabian development fund;

(5)Kentucky paint horse, Appaloosa, and Arabian purse fund;

(6)Kentucky standardbred development fund;

(7)Kentucky Thoroughbred breeders incentive fund;

(8)Kentucky standardbred breeders incentive fund;

(9)Kentucky horse breeders incentive fund;

(10)Kentucky Racing Health and Welfare Fund, Inc.;

(11)Harness racing at county fairs under KRS 230.398;

(12)Backside improvement fund;

(13)Kentucky Thoroughbred Owners and Breeders, Inc. under KRS 230.380;

(14)Kentucky horse racing and gaming administration fund;

(15)Thoroughbred, standardbred, and American quarter horse aftercare facilities under

KRS 138.510(1)(d)4.d.i.;

(16)Kentucky equine management internship under KRS 138.510(1)(d)4.d.ii.;

(17)Equine drug research fund; and

(18)Charitable gaming regulatory account.