2006 Kentucky Revised Statutes - .6947   Use of assessment funds.

247.6947 Use of assessment funds. The funds, including donations from individuals, concerns, corporations, and grants from the state or governmental agencies, shall be used for the purpose of promoting and stimulating, by research, market development, and education, the increased use and sale, domestic and foreign, of sheep and lambs; and for the prevention, modification, or elimination of trade barriers which obstruct the free flow of sheep and lambs to market. None of these funds shall be used to lobby as defined in KRS 6.611. The duly certified association receiving the assessment funds shall, upon the advice and consent of the Kentucky Sheep Council, use and disburse the same as follows: (1)  The association may first refund to itself therefrom the costs and expenses incurred in the conduct of the referendum; (2)  The association may spend or disburse the necessary funds for administrative costs and expenses, but no more than fifteen percent (15%) of the funds collected in any marketing year shall be so utilized; and (3)  The balance remaining shall be used for the purposes provided in this section, as determined by the Kentucky Sheep Council. Effective: September 16, 1993 History: Amended 1993 (1st Extra Sess.) Ky. Acts ch. 4, sec. 69, effective September 16, 1993. -- Created 1992 Ky. Acts ch. 347, sec. 15, effective July 14, 1992.