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Code · Kentucky · Chapter 96A — Mass transit authorities

96A.350 Elections -- Collection of tax receipts.

381 words·~2 min read·/ky/chapter-96a/96a-350

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

(1)The elections herein authorized shall, in the case of any individual public body, be
called and held by the particular public officials of said public body responsible for
the calling and holding of general elections. All ad valorem tax receipts,
occupational tax receipts and public transportation sales tax receipts derived in
respect of any such elections shall be collected by the public officials of such public
body statutorily responsible for such collection, and shall pending disbursement be
held in a separate and special trust fund identified as the mass transit trust fund by
said public body to be used solely and only for purposes of the mass transportation
program approved by the electorate of such public body, as hereinafter provided.
Moneys therefrom shall be disbursed only upon order of the chief financial officer
of such public body.
(2)In the event any election authorized by KRS 96A.310 to 96A.370 is, pursuant to the
provisions of KRS 96A.310 to 96A.370, to be submitted to the electorate of any
transit area of a transit authority by all of the public bodies which are members of
any such transit authority, and if one of such public bodies is a county which
encompasses one or more additional public bodies, the county clerk of such county
(or each county clerk in the event more than one county shall be a member of such
transit authority) shall cause such election proposition to be prepared for
presentation to the voters at the election on such proposition. All ad valorem tax
receipts, occupational tax receipts and public transportation sales tax receipts
derived in respect of any such elections shall be collected or received by the proper
public officials of such county or counties statutorily responsible for such collection
or receipt, and shall pending disbursement be held in a separate and special trust
fund identified as the mass transit trust fund to be used solely and only for purposes
of the mass transportation program approved by the electorate of such transit area,
as hereinafter provided. Said mass transit trust fund shall in such case be held in the
custody of all public bodies which are members of such transit authority and
moneys therefrom shall be disbursed only upon orders of the chief financial officers
of all such public bodies.
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