65.7627 Commercial mobile radio service emergency telecommunications fund. - Kentucky Statutes

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Page 1 of 1 65.7627 Commercial mobile radio service emergency telecommunications fund. There is established the commercial mobile radio service emergency telecommunications
fund, the "CMRS fund," an insured, interest-bearing account to be administered and
maintained by the CMRS Board. The CMRS service charge shall have uniform
application within the boundaries of the Commonwealth. No charge other than the CMRS
service charge is authorized to be levied by any person or entity for providing wireless
911 service or wireless E911 service. The board shall deposit all revenues derived under
KRS 65.7635 into the fund, and shall direct disbursements from the fund according to the
provisions of KRS 65.7631. Moneys in the CMRS fund shall not be the property of the
Commonwealth and shall not be subject to appropriation by the General Assembly.
Moneys deposited or to be deposited into the CMRS fund shall not:
(1) Be loaned to the Commonwealth or to any instrumentality or agency thereof;
(2) Be subject to transfer to the Commonwealth or any agency or instrumentality thereof, except for purposes specifically authorized by KRS 65.7621 to 65.7643; or (3) Be expended for any purpose other than a purpose authorized by KRS 65.7621 to 65.7643. Effective: July 15, 1998
History: Created 1998 Ky. Acts ch. 535, sec. 4, effective July 15, 1998.