149.130 Federal forest reserve appropriations for county roads and schools. - Kentucky Statutes

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149.130 Federal forest reserve appropriations for county roads and schools. (1) All moneys paid to the state under an Act of Congress of May 23, 1908 (35 Stat. 260) as amended, and arising from any national forest reserve created in the state by
the federal government, shall be paid over to the Finance and Administration
Cabinet and be turned into the State Treasury. The Finance and Administration
Cabinet shall keep a separate account of all funds so received. (2) The treasurer of each county in which there is situated any part of a forest reserve owned by the United States shall ascertain and report to the Finance and
Administration Cabinet the name and area of that part of each reserve located in his
county. The Finance and Administration Cabinet shall apportion the amount
received by reason of each reserve among the counties in which the reserve is
located, according to the area of the reserve in each county. If a fund is received
from a reserve which lies in only one (1) county, it shall all be apportioned to that
county. The Finance and Administration Cabinet shall draw a warrant on the State
Treasury in favor of the treasurer of each county for the amount apportioned to that
county. (3) The county treasurer shall place one-half (1/2) of the funds to the credit of the public roads of his county and the other half (1/2) shall be distributed among the
school districts in the county according to the area of the reserve in each school
district. Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 362, effective July 13, 1990. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942,
from Ky. Stat. secs. 2007L-1 to 2007L-4.