56.860 Purpose of KRS 56.860 to 56.869.
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/ky/chapter-56/56-860A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purpose of KRS 56.860 to 56.869 is to create an independent commission that will take a comprehensive view of the Commonwealth's finances and develop policies and strategies that will seek to minimize the impact of fluctuating receipts of revenues on the budget of the Commonwealth and of fluctuating interest rates on the Commonwealth's interest-sensitive assets and interest-sensitive liabilities.