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45.780 Emergency repair, maintenance, and replacement account.
(1)
(2)
(3)
There is created within the capital construction fund the emergency repair,
maintenance, and replacement account. The account shall consist of moneys
appropriated to the fund by the General Assembly.
The Finance and Administration Cabinet may transfer money from the emergency
repair, maintenance, and replacement account to the allotment account of an
emergency repair, replacement, or maintenance project, for expenditure thereon,
even though the specific project is not included in any branch budget bill enacted
for that biennium. Moneys may be transferred from the emergency repair,
maintenance, and replacement account to the allotment account of an emergency
repair, replacement, or maintenance project only if no other funding source is
available.
The Finance and Administration Cabinet shall report each transfer, including the
necessity, purpose, and amount of the transfer, to the Capital Projects and Bond
Oversight Committee not later than thirty (30) days after the transfer.
Effective: June 8, 2011
History: Amended 2011 Ky. Acts ch. 73, sec. 7, effective June 8, 2011. -- Amended
1998 Ky. Acts ch. 27, sec. 2, effective July 15, 1998. -- Amended 1994 Ky. Acts ch.
387, sec. 21, effective July 15, 1994. -- Amended 1992 Ky. Acts ch. 47, sec. 5,
effective July 14, 1992. -- Amended 1982 Ky. Acts ch. 300, sec. 9, effective July 15,
1982. -- Created 1979 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 4, effective January 1,
1980.
2014-2016 Budget Reference. See State/Executive Branch Budget, 2014 Ky. Acts ch.
117, Pt. I, K, 1, (5) at 655.
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