45.345 Authorization of electronic payment methods for deposit in State Treasury -- Provider fees. - Kentucky Statutes

Download pdf

Loading PDF...

Page 1 of 1 45.345 Authorization of electronic payment methods for deposit in State Treasury - - Provider fees. (1) In addition to any payment method authorized by law, and notwithstanding any statute to the contrary, any state agency may accept the following methods of
payment to secure funds for deposit into the State Treasury:
(a) Credit card;
(b) Debit card;
(c) Electronic check;
(d) Automated clearinghouse (ACH) debit; or
(e) Any other electronic payment method upon the prior written approval of both the Finance and Administration Cabinet and the Office of the State Treasurer. (2) Any fees charged to a state agency by the provider of the payment services listed in subsection (1) of this section shall be deemed to represent collection expenses and
may be considered normal operating expenses of the agency, or the agency may
collect convenience fees from users to supplement agency costs of delivering
services. Effective: June 24, 2003
History: Created 2003 Ky. Acts ch. 191, sec. 1, effective June 24, 2003.