2006 Kentucky Revised Statutes - .880   Waste tire trust fund.

224.50-880 Waste tire trust fund. (1) A waste tire trust fund is established in the state treasury. The fund shall be used by the cabinet for the following purposes: (a)  Properly managing waste tires; (b)  Paying the cabinet's costs in implementing the waste tire program to include costs associated with any waste tire amnesty program established by the cabinet that permits waste tires to be turned in without incurring fees, charges, or penalties; (c)  Paying the Department of Revenue's costs of assessing and collecting the fee established by KRS 224.50-868; (d)  Entering into the agreements described in KRS 224.50-876; and (e)  Awarding the grants described in KRS 224.50-878. (2) All interest earned on money in the fund shall be credited to the fund. (3) Money unexpended at the end of a fiscal year shall not lapse to the general fund. (4) Any money remaining in the waste tire trust fund established by KRS 224.50-820 shall be transferred to the fund established by this section. Effective: June 20, 2005 History: Amended 2005 Ky. Acts ch. 85, sec. 631, effective June 20, 2005. -- Amended 2002 Ky. Acts ch. 46, sec. 3, effective July 15, 2002. -- Created 1998 Ky. Acts ch. 529, sec. 16, effective July 15, 1998. Page 1 of 1