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KRS 56.860

Purpose of KRS 56.860 to 56.869

Effective: May 30, 1997 History: Created 1997 (1st Extra

The purpose of KRS 56.860 to 56.869 is to create an independent commission that will take a comprehensive view of the Commonwealth's finances and develop policies and strategies that will seek to minimize the impact of fluctuating receipts of revenues on the budget of the Commonwealth and of fluctuating interest rates on the Commonwealth's interest-sensitive assets and interest-sensitive liabilities.

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