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KRS 148.582

Iraq/Afghanistan War Memorial fund

Effective: July 12, 2012 History: Created 2012 Ky

(1) The Iraq/Afghanistan War Memorial fund is hereby created as a separate trust fund in the State Treasury. The Iraq/Afghanistan War Memorial fund shall consist of amounts received from appropriations and any other proceeds from gifts, grants, federal funds, or any other funds, both public and private, made available for the purposes of KRS 148.580 and this section.

(2) The Iraq/Afghanistan War Memorial fund shall be administered by the Tourism, Arts and Heritage Cabinet.

(3) Amounts deposited in the Iraq/Afghanistan War Memorial fund shall be used only for the purpose of the establishment of the Iraq/Afghanistan War Memorial as provided in KRS 148.580.

(4) Notwithstanding KRS 45.229, Iraq/Afghanistan War Memorial fund amounts not expended at the close of a fiscal year shall not lapse but shall be carried forward into the next fiscal year.

(5) Any interest earnings of the Iraq/Afghanistan War Memorial fund shall become a part of the Iraq/Afghanistan War Memorial fund and shall not lapse.

(6) Moneys deposited in the fund are hereby appropriated for the purposes set forth in this section and shall not be appropriated or transferred by the General Assembly for any other purposes.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.