48.185 Area development fund recommendations.

111 words·~1 min read·/ky/chapter-48/48-185

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

(1)The provisions of any other law notwithstanding, the Governor shall include in the

budget recommendation for the executive branch and in the draft branch budget bill

for the executive branch submitted to each even-numbered-year regular session of

the General Assembly for the biennium period beginning July 1, 1980, and for each

biennium thereafter, recommendations for appropriations from the general fund to

be made by the General Assembly to the area development fund established by

KRS Chapter 42.

(2)The amount to be recommended for the appropriation to the area development fund

shall be four and four-tenths percent (4.4%) of the severance tax estimate for each

fiscal year of the biennium.