45.358 Legislative oversight fund.

212 words·~1 min read·/ky/chapter-45/45-358

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

(1)There is hereby created a block grant legislative oversight fund which may be

expended by the Commission for the purpose of implementing and administering

the provisions of KRS 45.351 to 45.359 and 273.453.

(2)Each state administering agency shall, to the extent permitted by federal law,

withhold and place in the block grant legislative oversight fund one-fourth of one

percent (0.25%) of the federal funds made available under the block grant. The

funds placed in the block grant legislative oversight fund shall not lapse to the

general fund.

(3)The Commission shall determine the actual cost to the Commission of

implementing and administering the provisions of KRS 45.351 to 45.359 and

273.453 for each block grant under review. The Commission shall notify each state

administering agency in writing of the actual cost determined.

(4)The Commission shall, for the purpose of implementing and administering the

provisions of KRS 45.351 to 45.359 and 273.453 for each block grant under review

and as permitted by federal law, expend no more than one-fourth of one percent

(0.25%) of the federal funds made available under each block grant.

(5)The Commission shall return to the applicable state administering agency any

unexpended federal moneys placed in the block grant legislative oversight fund

under this section quarterly.