Kentucky Transit Authority Act
Kentucky · Mass Transit Authorities · §§ 96A.010 to 96A.370 · 32 sections
Overview
This act governs the formation, powers, and financing of public mass transit authorities established by local governments. It permits one or more governmental units to create an authority as a separate public body run by an appointed managing board, and empowers it to acquire and operate transportation systems by purchase or condemnation, accept grants, subsidies, and appropriations, enter management contracts, and finance its operations through tax-exempt bonds and bond anticipation notes. It also provides a process for submitting a transit program and its local tax financing to voters, imposes annual budget and audit obligations, sets duties owed to employees of acquired systems, and authorizes joint agreements, multi-jurisdiction compacts, and interstate transit authorities.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
In the courts
Sections of this act have been cited in 17 court decisions.
Most-cited authority: 432 SW3D 171 - Transit Authority of River City v. Bibelhauser
Sections covered
- KRS 96A.010Definitions for chapter1 cite
- KRS 96A.020Creation of authority -- Which governmental units may form or join -- General powers and purposes6 cites
- KRS 96A.030Time when existence begins
- KRS 96A.040Managing board -- Membership -- Effect of compact -- Membership upon establishment of consolidated local government1 cite
- KRS 96A.050Fiscal year
- KRS 96A.060Board meetings -- Quorum
- KRS 96A.070Board officers, executive committee, director, employees -- Effect of compact -- Appointment of executive director or secretary-treasurer upon establishment of consolidated local government1 cite
- KRS 96A.080Acquisition of transportation systems by purchase or condemnation -- Subsidies1 cite
- KRS 96A.090Authority's capacity to accept appropriations, grants1 cite
- KRS 96A.095Authorization for the Transportation Cabinet to accept funds for promotion of, development of, and provision of capital for mass transit services and human service transportation delivery -- Authority to promulgate administrative regulations
- KRS 96A.096Kentucky public transportation development fund
- KRS 96A.100Management contracts1 cite
- KRS 96A.110Responsibility for planning, coordination
- KRS 96A.120Permissible types of financing1 cite
- KRS 96A.130Authority's bonds are legal investments
- KRS 96A.140Tax-exempt nature of authority's property, bonds
- KRS 96A.150Bond anticipation notes
- KRS 96A.160Power of other agencies to sell property to authority
- KRS 96A.170Exemption from jurisdiction of Transportation Cabinet -- Cabinet assistance permitted
- KRS 96A.180Insurance of authority's properties3 cites
- KRS 96A.190Annual audit -- Compliance with KRS 65A.010 to 65A.090
- KRS 96A.200Duties to employees transferred from acquired system1 cite
- KRS 96A.210Interstate transit authorities
- KRS 96A.220Power to conduct studies, apply for subpoenas
- KRS 96A.230Citation of chapter
- KRS 96A.310Legislative findings
- KRS 96A.320Submission of proposal to establish program -- Voters -- Program financing
- KRS 96A.330Resolution or ordinance to submit proposal to electorate -- Simultaneous elections in transit area -- Notice
- KRS 96A.340Publication of resolution or ordinance -- Framing of proposal -- Majority required -- Status of voted levies
- KRS 96A.350Elections -- Collection of tax receipts
- KRS 96A.360Annual budget and report of transit authority required
- KRS 96A.370Joint agreements and multimunicipal compacts -- Commuter transportation agreements
Enacted in other states
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