45.814 Itemized listing of costs associated with issuance of revenue bonds or notes authorized by branch budget bill. - Kentucky Statutes

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45.814 Itemized listing of costs associated with issuance of revenue bonds or notes authorized by branch budget bill. Prior to the issuance of the revenue bonds or notes authorized by a branch budget bill, the
agency authorized to issue the bonds or notes shall furnish to the Capital Projects and
Bond Oversight Committee and the Interim Joint Committee on Appropriations and
Revenue, and make available to the public, a listing of all costs associated, either directly
or indirectly, with the issuance of the revenue bonds or notes. The costs shall be itemized
as to amount and name of payee, and shall include fees or commissions paid to, or
anticipated to be paid to issuers, underwriters, placement agents and advisors, financial
advisors, remarketing agents, credit enhancers, trustees, accountants, and the counsel of
all these persons, bond counsel, and special tax counsel, and shall include the economic
benefits received or anticipated to be received by any other persons from any source in
return for services performed relating to the issuance of the bonds or notes. Changes in
amounts or names of payees or recipients, or additions of amounts or names of payees or
recipients, to the listing furnished and made available pursuant to this section shall be
furnished to the Capital Projects and Bond Oversight Committee and the Interim Joint
Committee on Appropriations and Revenue and made available to the public within three
(3) days following the change. Effective: July 15, 1994
History: Amended 1994 Ky. Acts ch. 387, sec. 23, effective July 15, 1994. -- Created 1992 Ky. Acts ch. 365, sec. 2, effective July 14, 1992.