KRS 42.566: Energy assistance trust fund -- Allocation of appropriations.
Where this section sits in the code
- KRS Chapter 42
The funds appropriated by the General Assembly from the energy assistance trust fund
shall be expended in a manner consistent with the judgments and settlements, as
amended, which produced the oil overcharge refunds, as follows:
(1) The sum of five hundred thousand dollars ($500,000) or eight percent (8%) of the
amount appropriated each fiscal year, whichever is greater, shall be distributed
annually to the Energy and Environment Cabinet for expenditure in the Institutional
Conservation Program established pursuant to Part G of Title III of the Energy
Policy and Conservation Act, 42 U.S.C. secs. 6371 et seq. The source of these funds
shall be deemed to be the trust funds produced by the Stripper Well litigation, In Re
Department of Energy Stripper Well Exemp tion Litigation, D.C. Kan., M.D.L. No.
378, and the Diamond Shamrock litigation, Diamond Shamrock Refining Co. v.
Standard Oil of Indiana, D.C. Ind., Civil Action No. C -84-1432, and interest
accumulated thereon; and
(2) The balance of the trust funds appro priated for expenditure in any fiscal year shall
be distributed as follows:
(a) Forty percent (40%) to the Finance and Administration Cabinet to be allocated
to the cabinet's program for weatherization of low -income households
established pursuant to Part A of the Energy Conservation and Existing
Buildings Act of 1976, 42 U.S.C. secs. 6861 et seq.; and
(b) Sixty percent (60%) to the Cabinet for Health and Family Services to be
allocated to the cabinet's program for energy crisis or prevention services for
low-income households established pursuant to the Low -Income Home
Energy Assistance Act of 1981, 42 U.S.C. secs. 8621 et seq.
Collected 2026-09-05T20:49:02Z. Source file · JSON