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248.560 Proposed research program -- Budget.
(1)
(2)
(3)
(4)
(5)
The Kentucky Tobacco Research and Development Center shall prepare a proposed
research program and budget request for each fiscal year and shall present such
documents to the Kentucky Tobacco Research Board for consideration and
approval. The budget shall be based on revenue estimates as provided in KRS
248.550.
The budget shall provide for payment of expenses incurred by Kentucky Tobacco
Research Board members as provided in subsection (2) of KRS 248.510, and for
other administrative costs of the board.
The Kentucky Tobacco Research Board shall consider the university
recommendations and shall approve a budget for each fiscal year which shall be the
basis for expending funds appropriated by KRS 248.510 to 248.570. The budget
and proposed research program shall be considered by the board in terms of the
intent of KRS 248.510 to 248.570.
The university is authorized to proceed to execute the budget approved by the
Kentucky Tobacco Research Board and may expend funds accordingly, and, the
Finance and Administration Cabinet is hereby authorized to issue warrants for this
purpose upon request by the university.
Copies of the approved budget shall be filed by the board with the Legislative
Research Commission and the Finance and Administration Cabinet.
Effective: July 15, 2002
History: Amended 2002 Ky. Acts ch. 98, sec. 6, effective July 15, 2002. -- Created
1970 Ky. Acts ch. 255, sec. 8.
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