304.2-430 Payment of
Reimbursement.
expenses
of
department
from
general
fund
--
Nothing in KRS 304.2-400 to 304.2-420 shall prevent continuing the practice of paying
any of the direct or indirect expenses incurred by the department, including, but not
limited to, those involving salaries, retirement, and Social Security of officers, employees,
or representatives of the department, or any other expenses by appropriations from the
general fund. However, the general fund shall be reimbursed for any such payments made
on or after July 15, 1986, as well as any money transferred to the insurance regulatory
trust fund in connection with the initial funding of the insurance regulatory trust fund, and
shall be repaid by transfer from the insurance regulatory trust fund to the general fund no
later than the end of the next biennium.
Effective: July 15, 2010
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
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
introduced version of House Bill 709 was eliminated, however, by House Committee
Amendment 1, which passed the House of Representatives, but the section amending
the statute was mistakenly not deleted from the bill.
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