304.2-430 Payment of expenses of department from general fund --
Reimbursement.
Nothing in KRS 304.2-400 to 304.2-420 shall prevent continuing the practice of paying <br>any of the direct or indirect expenses incurred by the department, including, but not <br>limited to, those involving salaries, retirement, and Social Security of officers, employees, <br>or representatives of the department, or any other expenses by appropriations from the <br>general fund. However, the general fund shall be reimbursed for any such payments made <br>on or after July 15, 1986, as well as any money transferred to the insurance regulatory <br>trust fund in connection with the initial funding of the insurance regulatory trust fund, and <br>shall be repaid by transfer from the insurance regulatory trust fund to the general fund no <br>later than the end of the next biennium.
Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 956, effective July 15, 2010. -- Amended
2000 Ky. Acts ch. 492, sec. 1, effective July 14, 2000. -- Created 1986 Ky. Acts <br>ch. 437, sec. 38, effective July 15, 1986.
Legislative Research Commission Note (7/14/2000). 2000 Ky. Acts ch. 492, sec. 1
states that it is amending this statute. The entire change to the statute proposed in the <br>introduced version of House Bill 709 was eliminated, however, by House Committee <br>Amendment 1, which passed the House of Representatives, but the section amending <br>the statute was mistakenly not deleted from the bill.
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