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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.
2012-2014 Budget Reference. See State/Executive Branch Budget, 2012 Ky. Acts
ch. 144, Pt. I, K, 1, (4) at 1134.
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