2013 Kentucky Revised Statutes CHAPTER 147A - PROGRAM DEVELOPMENT 147A.200 Gas system restoration and development project account -- Review board -- Loan applications.
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147A.200 Gas system restoration and development project account -- Review
board -- Loan applications.
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The Department for Local Government is authorized and directed to apply for
and receive federal funds to be placed in a state account called the gas system
restoration and development project account, and to provide staff to administer
said funds. The funds in this account may be used in any gas system
restoration or development project approved by the Gas System Restoration
and Development Project Account Review Board.
A Gas System Restoration and Development Project Account Review Board is
established and shall consist of eight (8) members appointed by the Governor.
The board shall be chaired by the commissioner of the Department for Local
Government and shall include representatives of the Public Service
Commission, state fire marshal, Department for Local Government, Kentucky
Infrastructure Authority, banking and finance industry, commercial or industrial
consumers, Kentucky Gas Association, and low-income or minority group
consumers. Members shall be reimbursed for necessary expenses in attending
meetings.
The review board shall meet as necessary and shall establish rules for
conducting its business. The review board shall consider applications for loans
from the account and approve or disapprove loan applications. No loan shall be
considered unless the applicant has complied with all construction and
securities requirements of the Public Service Commission. In reviewing loan
applications, the review board may request the testimony of the county
judge/executive of an affected county and any other witnesses deemed
appropriate.
Effective:July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 137, effective July 15, 2010; and
ch. 117, sec. 13, effective July 15, 2010. -- Amended 2007 Ky. Acts ch. 47,
sec. 3, effective June 26, 2007. -- Amended 1998 Ky. Acts ch. 69, sec. 59,
effective July 15, 1998; and ch. 551, sec. 1, effective July 15, 1998. -- Created
1980 Ky. Acts ch. 295, sec. 20, effective July 15, 1980.
Legislative Research Commission Note (7/15/2010). This section was amended
by 2010 Ky. Acts chs. 24 and 117, which do not appear to be in conflict and
have been codified together.
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