41.305 Elder and vulnerable victims trust fund.
(1)
(2)
(3)
(4)
(5)
(6)
The elder and vulnerable victims trust fund is created as a separate revolving fund
in the Office of the State Treasurer.
The moneys in the trust fund shall be expended only as provided in this section and
are hereby appropriated for those purposes.
The State Treasurer shall credit to the trust fund all amounts received for this
purpose, including appropriations, grants, gifts, and any amounts received under
KRS 381.280.
The State Treasurer shall invest trust fund money in the same manner as surplus
funds are invested. Earnings shall be credited to the trust fund.
Notwithstanding KRS 45.229, any moneys remaining in the trust fund at the close
of the fiscal year shall not lapse but shall be carried forward into the succeeding
fiscal year to be used for the purposes set forth in this section.
Money shall be disbursed from the trust fund only for the purpose of providing
funding to one (1) or more public or private nonprofit organizations, including
government organizations, in the development or operation of elder or vulnerable
adult abuse, neglect, or financial exploitation prevention or intervention programs.
An organization shall be eligible to receive funding only if:
(a) The organization agrees to provide at least a twenty-five percent (25%) match
of the total project amount requested, which may consist of monetary or inkind contributions;
(b) The organization demonstrates a willingness and ability to provide program
models and consultation to other organizations and communities regarding
program development and maintenance; and
(c) The organization funds:
1.
Programs which provide advocacy, crisis counseling, financial
guardianship, or other similar services to victims of elder or vulnerable
adult abuse, neglect, or financial exploitation;
2.
Law enforcement, prosecution, or court-based programs that enhance
case investigations, prosecutions, or victim assistance in criminal cases
involving elder or vulnerable adult abuse, neglect, or financial
exploitation;
3.
Programs which develop and implement public education and awareness
campaigns on elder and vulnerable adult abuse, neglect, or financial
exploitation by making use of electronic and print media to inform the
public about the nature of these crimes and available resources such as
victims' rights, legal remedies, agency services, and prevention
strategies; or
4.
Research initiatives that provide greater insight into the dynamics of
elder and vulnerable adult abuse, neglect, or financial exploitation and
guidance on best practices for intervention or prevention strategies.
(7)
(8)
(a)
Fiscal, programmatic, and disbursement authority over trust fund money shall
be provided by the Justice and Public Safety Cabinet, which shall develop a
review panel system to award grants from the trust fund on an annual basis.
Panel members shall be individuals with knowledge and operational
experience in elder and vulnerable adult abuse, neglect, or financial
exploitation and shall be drawn from the law enforcement, court, prosecution,
and victim advocacy communities.
(b) In disbursing money from the trust fund, the panel shall not disburse to any
one (1) program more than twenty-five percent (25%) of the total funds
available for disbursement and shall seek to distribute meaningful awards to
as many programs as possible throughout the Commonwealth.
The Justice and Public Safety Cabinet shall promulgate administrative regulations
in accordance with KRS Chapter 13A to implement this section.
Effective: June 8, 2011
History: Created 2011 Ky. Acts ch. 43, sec. 4, effective June 8, 2011.
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