KRS 224A.050: Use of funds.

It is hereby found and declared as a legislative finding of fact that in performing its duties

and responsibilities, the authority is performing and carrying out essential governmental

functions. The authority may, from time to time, receive and accept any and all

appropriations to the authority which may be made by the General Assembly of the state,

and the appropriations may be made to the authority. The authority may, from time to

time, receive and accept from the state, its agencies, and any federal agency, grants for, or

in aid of, any infrastructure project, and grants for, or in aid of, research or management

studies or training projects related to the purposes for which the authority is created, the

grants or contributions to be held, used, and appli ed only for the purposes for which the

grants and contributions are made and received.