441.207 Local corrections assistance fund.
134 words·~1 min read·
/ky/chapter-441/441-207A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The local corrections assistance fund is created as a separate revolving fund to be
administered by the department. The fund shall consist of amounts transferred to the
fund pursuant to KRS 196.288, along with any other proceeds from grants,
contributions, appropriations, or other moneys made available for purposes of the
fund.
(2)Notwithstanding KRS 45.229, amounts not expended at the close of a fiscal year
shall not lapse but shall be carried forward to the next fiscal year.
(3)Any interest earnings from the fund shall become a part of the fund and shall not
lapse.
(4)Moneys in the fund shall accrue to the fund and shall be retained in the fund until
the General Assembly establishes a statutory process and method for distributing
the funds to local correctional facilities and programs.