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42.566 Energy assistance trust fund -- Allocation of appropriations.
The funds appropriated by the General Assembly from the energy assistance trust
fund shall be expended in a manner consistent with the judgments and settlements,
as amended, which produced the oil overcharge refunds, as follows:
(1) The sum of five hundred thousand dollars ($500,000) or eight percent (8%) of
the amount appropriated each fiscal year, whichever is greater, shall be
distributed annually to the Energy and Environment Cabinet for expenditure in
the Institutional Conservation Program established pursuant to Part G of Title
III of the Energy Policy and Conservation Act, 42 U.S.C. secs. 6371 et seq.
The source of these funds shall be deemed to be the trust funds produced by
the Stripper Well litigation, In Re Department of Energy Stripper Well
Exemption Litigation, D.C. Kan., M.D.L. No. 378, and the Diamond Shamrock
litigation, Diamond Shamrock Refining Co. v. Standard Oil of Indiana, D.C.
Ind., Civil Action No. C-84-1432, and interest accumulated thereon; and
(2) The balance of the trust funds appropriated for expenditure in any fiscal year
shall be distributed as follows:
(a) Forty percent (40%) to the Finance and Administration Cabinet to be
allocated to the cabinet's program for weatherization of low-income
households established pursuant to Part A of the Energy Conservation
and Existing Buildings Act of 1976, 42 U.S.C. secs. 6861 et seq.; and
(b) Sixty percent (60%) to the Cabinet for Health and Family Services to be
allocated to the cabinet's program for energy crisis or prevention services
for low-income households established pursuant to the Low-Income
Home Energy Assistance Act of 1981, 42 U.S.C. secs. 8621 et seq.
Effective:July 12, 2012
History: Amended 2012 Ky. Acts ch. 69, sec. 6, effective July 12, 2012; and ch.
158, sec. 9, effective July 12, 2012. -- Amended 2010 Ky. Acts ch. 24, sec. 33,
effective July 15, 2010. -- Amended 2005 Ky. Acts ch. 99, sec. 103, effective
June 20, 2005. -- Amended 1998 Ky. Acts ch. 426, sec. 82, effective July 15,
1998. -- Amended 1990 Ky. Acts ch. 325, sec. 23, effective July 13, 1990. -Amended 1988 Ky. Acts ch. 10, sec. 2, effective February 19, 1988. -- Created
1986 Ky. Acts ch. 262, sec. 4, effective April 3, 1986.
Legislative Research Commission Note (7/12/2012). This statute was amended
by 2012 Ky. Acts chs. 69 and 158, which do not appear to be in conflict and
have been codified together.
Legislative Research Commission Note (7/12/2012). 2012 Ky. Acts ch. 158, sec.
82, provides: "The Finance and Administration Cabinet, which is assigned the
functions, duties, and responsibilities associated with the administration of the
weatherization program operated in accordance with the requirements for
funding received from the United States Department of Energy and any
subordinate entities in Executive Order 2011-353 and this Act, is hereby
authorized to engage and contract with the Kentucky Housing Corporation to
operate and manage the weatherization program if the cabinet deems it to be in
the best interest of the weatherization program and the Commonwealth of
Kentucky."
Legislative Research Commission Note (6/8/2011). The Reviser of Statutes has
corrected the internal numbering of subdivisions of this statute from the way
they appeared in 2010 Ky. Acts ch. 24, sec. 33, under the authority of KRS
7.136.
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