48.185 Area development fund recommendations. - Kentucky Statutes

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48.185 Area development fund recommendations. (1) The provisions of any other law notwithstanding, the Governor shall include in the budget recommendation for the executive branch and in the draft branch budget bill
for the executive branch submitted to each even-numbered-year regular session of
the General Assembly for the biennium period beginning July 1, 1980, and for each
biennium thereafter, recommendations for appropriations from the general fund to
be made by the General Assembly to the area development fund established by KRS
Chapter 42. (2) The amount to be recommended for the appropriation to the area development fund shall be four and four-tenths percent (4.4%) of the severance tax estimate for each
fiscal year of the biennium. Effective: June 21, 2001
History: Amended 2001 Ky. Acts ch. 58, sec. 4, effective June 21, 2001. -- Amended 1990 Ky. Acts ch. 507, sec. 11, effective July 13, 1990. -- Created 1982 Ky. Acts
ch. 450, sec. 11, effective July 1, 1983.