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KRS 45.345

Authorization of electronic payment methods for deposit in State Treasury -- Provider fees

Known as the Kentucky Equal Employment Opportunity Act

The act spans §§ 45–45 (161 sections).

Effective: June 24, 2003 History: Created 2003 Ky

Authorization of electronic payment methods for deposit in State Treasury - - Provider fees.

(1) In addition to any payment method authorized by law, and notwithstanding any statute to the contrary, any state agency may accept the following methods of payment to secure funds for deposit into the State Treasury:

(a) Credit card;

(b) Debit card;

(c) Electronic check;

(d) Automated clearinghouse (ACH) debit; or (e) Any other electronic payment method upon the prior written approval of both the Finance and Administration Cabinet and the Office of the State Treasurer.

(2) Any fees charged to a state agency by the provider of the payment services listed in subsection (1) of this section shall be deemed to represent collection expenses and may be considered normal operating expenses of the agency, or the agency may collect convenience fees from users to supplement agency costs of delivering services.

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