177.320 Use of portion of gasoline tax revenues for secondary and rural roads, county roads and bridges and the Kentucky Transportation Center -- Allocation of funds. - Kentucky Statutes

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177.320 Use of portion of gasoline tax revenues for secondary and rural roads, county roads and bridges and the Kentucky Transportation Center --
Allocation of funds. (1) Twenty-two and two-tenths percent (22.2%) of all funds arising from the imposition of taxes provided by KRS 138.220(1) and (2), 138.660(1) and (2) and 234.320 shall
be set aside for the construction, reconstruction and maintenance of secondary and
rural roads and for no other purpose, and shall be expended for said purposes by the
Transportation Cabinet of the Commonwealth of Kentucky according to the terms
and conditions prescribed in KRS 177.330 to 177.360. (2) On or after July 1, 1980, eighteen and three-tenths percent (18.3%) of all funds arising from the imposition of taxes provided by KRS 138.220(1) and (2),
138.660(1) and (2), and 234.320 shall be set aside for the construction,
reconstruction and maintenance of county roads and bridges provided by KRS
179.410 and 179.415. (3) All funds set aside in subsection (2) of this section for the construction, reconstruction and maintenance of county roads and bridges shall be allocated to the
county in accordance with the formula established in KRS 177.360(1) pursuant to
KRS 179.410. (4) On or after July 1, 1986, one-tenth of one percent (0.1%) of all funds arising from the imposition of taxes provided by KRS 138.220(1) and (2), 138.660 and 234.320
shall be set aside for the purposes and functions of the Kentucky Transportation
Center as established by KRS 177.375 to 177.380, except that the receipts provided
to the center by this subsection shall not exceed one hundred ninety thousand
dollars ($190,000) for any fiscal year. Effective: July 1, 2005
History: Amended 2005 Ky. Acts ch. 173, Pt. XVII, sec. 3, effective July 1, 2005. -- Amended 1986 Ky. Acts ch. 174, sec. 8, effective July 1, 1986; and ch. 330 sec. 1,
effective July 15, 1986. -- Amended 1984 Ky. Acts ch. 350, sec. 3, effective July 13,
1984. -- Amended 1982 Ky. Acts ch. 265, sec. 10, effective April 1, 1982. --
Amended 1980 Ky. Acts ch. 188, sec. 132, effective July 1, 1980; and ch. 218,
sec. 9, effective July 1, 1980. -- Amended 1974 Ky. Acts ch. 291, sec. 1. -- Amended
1972 Ky. Acts ch. 61, sec. 10. -- Created 1948 Ky. Acts ch. 46, sec. 1.