KRS 183.772: Kentucky airport development fund -- Sources -- Use -- Continuation.

There is hereby created in the state treasury a special fund to be known as the "Kentucky

Airport Development Fund". All moneys deposited or paid into this fund, including

repayment of any loans made therefrom, are appropriated and shall be available to th e

cabinet for the purposes of KRS 183.763 through 183.771. All moneys in such fund shall

be expended solely for the development of airports or administrative cost incidental to the

development of airports. The fund shall consist of all money appropriated by the state and

all money received from the United States or from any other source for the purpose of

airport development. All moneys in the Kentucky airport development fund shall be

deposited, administered and disbursed in the same manner and under the s ame conditions

and requirements as are provided by law for other special funds in the State Treasury,

except that any balance in this fund shall not lapse at any time but shall be continuously

available to the cabinet for the purposes of carrying out the p rovisions of KRS 183.763

through 183.771. A general statement that all continuing appropriations are repealed shall

not be construed as abolishing this fund.