45.816 Listing of costs relating to issuance of revenue bonds by state agency. - Kentucky Statutes

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45.816 Listing of costs relating to issuance of revenue bonds by state agency. Prior to the issuance of the revenue bonds or notes, 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 such 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 14, 1992
History: Created 1992 Ky. Acts ch. 105, sec. 54, effective July 14, 1992.